How do I take my mortgage company back to court

Sappoo21

yes they are I suppose sub prime lender silvercar is getting involved in something i have not asked advice on so should not comment on my jobsearch
which is widening every hour and of course i will continue to make the payments
somehow it is just that the charges are way other the top and if they add extra to what the court says I will never pay them off.

Radiantsoul

Sappoo21 wrote: »

yes they are I suppose sub prime lender silvercar is getting involved in something i have not asked advice on so should not comment on my jobsearch
which is widening every hour and of course i will continue to make the payments
somehow it is just that the charges are way other the top and if they add extra to what the court says I will never pay them off.

I think subprime lenders are always going to be less "nice" than normal lenders. Their business model is generally that you are only with them for a short while whilst you build up a decent credit record or the equity in your house and then move on to a more mainstream lender. The reality is that subprime mortgage companies are faster to repossess and harder to deal with.

It is worth writing to the company to find out if the fees can be stopped. I think you do need to think about an exit strategy though, is £850 enough to ever repay the mortgage(if not the mortgage company are likely to go back and seek a new level of payments)? How much equity do you have in the property? Can family members help you out, etc?