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  • FIRST POST
    • Janejh
    • By Janejh 1st May 17, 9:40 PM
    • 20Posts
    • 16Thanks
    Janejh
    Santander Repossession
    • #1
    • 1st May 17, 9:40 PM
    Santander Repossession 1st May 17 at 9:40 PM
    I have had a mortgage with Santander on the same property since 2006. In 2015 I got into arrears by about £1,000. Santander got a repossession order in approximately June 2015. This was suspended because I repaid my arrears in full. Over the last 18 months or so I have accrued arrears again due to several personal issues - breakdown of my long term relationship, health issues leading to surgery and the subject of harassment and intimidation by a member of staff within the DWP. Due to all this I became very low and unable to cope with spiralling finance issues. The main being mortgage arrears and not looking at all my post. Santander applied to the court and obtain a repossession order. I came home last Wednesday to find my locks change and unable to get any personal items. I hadn't received a notice of eviction. Fortunately my mum lives nearby so I had somewhere for the night. I managed to gain access to my house the next day to get some clothes and a few other possessions. Whilst at my house I thought to check a mail box I have attached to the exterior wall of my house. I looked in it and found a hand delivered letter from the court which turned out to be the notice of eviction.
    I thought this notice had to be handed to me personally or at the very least put through the letterbox in the door. FYI the letterbox in the door is fully functional.
    The agents want everything moved out the house by Friday this week.
    I want to keep my house and I am able to pay the arrears of £1.800 in full and prove my ability to sustain mortgage payments of £75 per month in the future.
    Basically have I any chance of turning this around at all and how do I go about this. Do I need to go straight to the court first or Santander? If it's the court how do word the form N244 to achieve a favourable outcome?
    Life had just started to become manageable and move forward positively and this happens. I would be very grateful for any advice.
Page 2
    • Janejh
    • By Janejh 14th Jun 17, 9:58 AM
    • 20 Posts
    • 16 Thanks
    Janejh
    Thank you all for your congratulations I couldn't have done it without help from all of you.
    Minimike2 - believe me I have learnt my lesson and I will keep s tight reign in my finances.
    • Janejh
    • By Janejh 14th Jun 17, 10:08 AM
    • 20 Posts
    • 16 Thanks
    Janejh
    I was wondering the same thing but didn't know if I'd be pushing my luck. Don't not want to jeopardise my success of getting my home back.
    The judge she didn't actually base his decision on Santander being unlawful. His ruling was if I'd attended the Repossession hearing in February would I have been successful in having the Repossession order set aside. He agreed that I would've been successful and that was his reason to set it aside yesterday.

    The costs and charges that Santander have added to my account are huge. I did wonder about trying to claim back at the very lesser charges incurred from February (original Repossession hearing) as the eviction charges com to nearly £1,000.

    Right now though I just want to go home.
    • Blackbeard of Perranporth
    • By Blackbeard of Perranporth 18th Jun 17, 2:21 PM
    • 4,289 Posts
    • 25,912 Thanks
    Blackbeard of Perranporth
    Something does not add up. Is £75 a month an arrangement with the mortgage provider. I cannot find any loan mortgage that is £75 for £92,000.

    I suggest OP contact their lender and come to an arrangement while they are suffering dificult situations. I did, I am currently £6,000 in arrears, though in agreement and paying off! I was off work for ten months in 2016 through heart conditions. It happens to us all, yet at no time did I get even close to being kicked out! I also kept my car that was on finance, even though after ten months I was six weeks over due on the schedule.
    No one dreams of escape
    From the aroma of a cheap jar of coffee
    • minimike2
    • By minimike2 18th Jun 17, 2:43 PM
    • 1,879 Posts
    • 1,387 Thanks
    minimike2
    If this is interest only on a historic lifetime tracker then it is totally possible.
    I am a mortgage industry professional. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice
    • NelliePie
    • By NelliePie 19th Jun 17, 1:45 PM
    • 21 Posts
    • 7 Thanks
    NelliePie
    I've just come across this thread and as a new FTB it's a scary one! Especially as we never know what the future will hold an many things are out of our control. You have my full sympathy and I'm so glad you've managed to get your home back. As the other's have said, make sure you keep on top op your payments from now on - and you can always turn to the forums for advice, support and encouragement if you need to! Good Luck!
    When life gives you lemons, find the tequila!
    MFW: FTB June 2017 £144k. Target 128k June 2019
    • Janejh
    • By Janejh 22nd Jun 17, 6:36 AM
    • 20 Posts
    • 16 Thanks
    Janejh
    Mortgage is interest only and a Tracker mortgage which tracks the base rate by 0.49% (yes, just under ½ percent). So the Bank of England base rate is currently 0.0025 ( ¼ %). So that makes my mortgage interest 0.25% + 0.49% = 0.74% (just under 3/4%) now equates to £56/month.
    As far as I know there are no mortgage deals that are anywhere near mine. I was just very lucky when I remortgaged in 2008 to get such a great interest rate which was not only very low but for the lifetime of the mortgage which doesn't end for another 15 years.
    And yes, I know, how stupid I was to jeopardise that but as you will see from my earlier posts I have been through quite a traumatic 2 years. I'm back on my feet now and working again and so is my partner. Starting next month we will be overpaying as much as we can afford to get as much of paid off as possible.
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