moving house soon

nev32

:THi all. i have had another call from my mortgage company at work. i advised last time to call me on another number as work isnt the best place to call. would anyone advise that i tell them of my situation as we are moving into rented 24th august or stay quiet for now??

nev32

just a quick question. i know we are all at work!!!

copier_guy

Im not, im of work this week and next, yeeaahhh!!!

Are you wanting the mortgage company to repossess the house then?

My old house has just been repo'd, the mortgage company found me quite easily, but they are not bothering me until the house is sold then they will want £10,000 minimum off me

philnicandamy

If they continue to call you at work tell them if they call again they are in breach of OFT guidelines you WILL be contacting them to report the company...usually does the trick

nev32

yeh we are giving up the house as its in negative equity by £30.000 & we hace a secured loan on it too. we are going br 10th sept. we havent paid mortgage now for 2 months. we move in 3 weeks. also the remainder of the debt will fall into br wont it??

snowdrift

have you got equity in your house and that is why they want at least £10,000 from you,if you are in negative equity how can they ask for money.

copier_guy

House is up for sale now at £10,000 less than my mortgage amount so when they finally sell the house they will come looking to me for the shortfall.

The shortfall will also have fees and charges added to it

nev32

but surely that will be included in your br estate??? or am i wrong?

copier_guy

Yeah goes into the BR.

If it was'nt i would be looking at changing my name and leaving the country!!!

Always fancied calling my self, Clint Rockman