natwest offset

335 Posts
I have a natwest offset mortgage which is currently 2 months in arrears due to unemployment and still waiting to hear about MI 12 help. I have kept them informed as to what is going on and after the first month of being in arrears they said they could switch it to interest only to make the payments cheaper. I said as i wasnt recieving any help yet, I still couldnt afford to make any payment at the moment.
Have just missed the second payment( there is a mis-hap waiting for MI 12 as Natwest wrongly informed them my mort had been redeemed)
I asked if i could switch to interest only as was now told that i couldnt.
The lady on the phone has told me there is quite a strong worded letter on its way to me ( something about solicitors, if i dont pay in 7 days)and if i miss the 3rd months payment, they will pass me to debt collectors.
Im in tears at the moment as i have lived here 18 years this bank holiday and i love my home, im trying to be strong, hubbys in bed so i can have a good cry without upsetting him.
I want to pay,I borrowed the money so i should,I just cant!
I cant believe though that after only missing a few months payment that it has come to this, isnt there some way they could help?
Have just missed the second payment( there is a mis-hap waiting for MI 12 as Natwest wrongly informed them my mort had been redeemed)
I asked if i could switch to interest only as was now told that i couldnt.
The lady on the phone has told me there is quite a strong worded letter on its way to me ( something about solicitors, if i dont pay in 7 days)and if i miss the 3rd months payment, they will pass me to debt collectors.
Im in tears at the moment as i have lived here 18 years this bank holiday and i love my home, im trying to be strong, hubbys in bed so i can have a good cry without upsetting him.
I want to pay,I borrowed the money so i should,I just cant!
I cant believe though that after only missing a few months payment that it has come to this, isnt there some way they could help?
0
This discussion has been closed.
Latest MSE News and Guides
Replies
I know with little money coming in life is difficult but you should (a) be prioritising your mortgage payment, (b) cutting back on expenditure (c) making sure you are claiming everything you are entitled to.