Swift First Mortgage

mmcourt

Hello I was wondering if anyone can help me. Swift have never passed any interest rate cuts on to their mortgage customers. My mortgage is currently around £1500.00 a month for £175000 mortgage. We are on IS and recieveing DLA and Carers Allowance. The DSS are paying only £300.00 per month because they said that only £60000 of my mortgage was for home purchase (thats another story!!!). Is there anything I can do, its ridiculous and unfair. I did get them to halve my payments for 2 months but on the second month they applied for the full amount leaving me with an unpaid direct debit in my bank and most likely a mark on my mortgage statement. I am in no arrears. Please help.

Robert_Sterling_3

I am afraid this will be of no help to you but it sounds as if you are on a fixed rate mortgage.

mmcourt

Robert_Sterling wrote: »

I am afraid this will be of no help to you but it sounds as if you are on a fixed rate mortgage.

Hello Robert, No I am on the Variable Rate mortgage. My deal ended in September last year. This is what I cant understand.

mmcourt

Just found out because of the interest rates dropping, the dss have now reduced my help with my mortgage interest by £100.00.

I cant cope with this. Somebody somewhere has to be able to tell me what I can do.;

Please?

feisty1

mmcourt wrote: »

Just found out because of the interest rates dropping, the dss have now reduced my help with my mortgage interest by £100.00. I cant cope with this. Somebody somewhere has to be able to tell me what I can do.;Please?

Contact the right people to help you, this is Shelter's website which is a good place to start.........hope it helps


http://england.shelter.org.uk/get_advice/advice_topics/repossession/mortgage_arrears/new_measures_to_help_with_mortgage_arrears

mmcourt

feisty1 wrote: »

Contact the right people to help you, this is Shelter's website which is a good place to start.........hope it helps


http://england.shelter.org.uk/get_advice/advice_topics/repossession/mortgage_arrears/new_measures_to_help_with_mortgage_arrears

Thank you feisty,

I am trying to speak to someone in the DSS as they are only paying the interest on £60000 because they say that the rest of the money was not used for home improvements (even though they did get reciepts).
I give up on everything to be honest. Its like your fighting a war with the government all the time as well as those who have a law onto themselves.