Govt Mortgage to Rent Scheme/Will it save my house?

Sunnylooloo

Hang in there Angie!!

xx

Angiepange

After a flurry of emails and phone calls this morning I have sorted the planning document glitch :j

Have even been praised for my efficiency by the 'officialdom'. Shame it doesn't work both ways

So now, sit and wait (im good at that ) for the offer to come through.

Thanks for the support everyone. You will all never know how much it means to me.

Angie x

philnicandamy

Small steps lead to bigger things!

one things for sure ask them for a job you'll know this scheme inside out by the time its over

fatbelly

Angiepange wrote: »

The offer, which has taken us 9 months to get will be the start of the next battle. The shortfall. No way we are we putting ourselves in debt ever again. So no way we will sign for liability.

When you get into those discussions, make sure your CAB adviser checks the latest MRS info on CABLINK. And he/she should probably run any paperwork past Specialist Support.

Well done for getting this far, by the way!

mummytotwo_3

Hope you get it sorted soon hunni, and stay on top of it. I know that here in Wales

Angiepange

fatbelly wrote: »

When you get into those discussions, make sure your CAB adviser checks the latest MRS info on CABLINK. And he/she should probably run any paperwork past Specialist Support.

Well done for getting this far, by the way!

Thanks for the advice fatbelly

I have info from the CAB on Mortgage Rescue and Lenders 'Deeds of Shortfall' which makes for interesting reading!

I can see this is not going to be an easy fight. I do know of one case where my lender had agreed to write off the shortfall so it can be done.

In this long process, not once was I told about the shortfall situation and what the banks would want you to sign. I understand they want to claw back as much money as they can, but I thought being bankrupt would protect you from that, I think thats why I am upset. Why on earth would a bankrupt sign to take on thousands of pounds of shortfall debt, having gone through bankruptcy which for us has been such a painful process? It was at the meeting with the HA that it was brought up. All the paperwork I have does not refer to a shortfall liability agreement at all. Thats whats been so frustrating, trying to battle my way through this, finding out as I go along.

And surely if you need to apply for MR in the first place its because you are in a vulnerable position, you face losing your family home, the upheaval for your children, the prospect of council temporary accommodation and in our case losing our beloved dog, because if evicted the council wont house a pet in temp accommodation. So what are you supposed to do, sign for thousands of pounds of debt on a limited income, where you are barely struggling to survive as it is. Thats the whole point of MR to protect and help vulnerable families to stay in their homes, not put them into major debt.

If we do ever get to the end of all this and stay in our home, then I want to take this further. I want the bigwigs to know what I have been through to make this happen because although I keep on fighting, the waiting and the stress of the unknown is taking its toll. The hurdles faced keep coming up, as soon as I have got over one, another one rears its head. My hubby is particularly low about it all at the moment and our lives are in limbo.

fatbelly

Angiepange wrote: »

I have info from the CAB on Mortgage Rescue and Lenders 'Deeds of Shortfall' which makes for interesting reading!

Is that the 13th May version? It is interesting.

Angiepange wrote: »

If we do ever get to the end of all this and stay in our home, then I want to take this further. I want the bigwigs to know what I have been through to make this happen because although I keep on fighting, the waiting and the stress of the unknown is taking its toll. The hurdles faced keep coming up, as soon as I have got over one, another one rears its head. My hubby is particularly low about it all at the moment and our lives are in limbo.

You are absolutely correct. Please do kick up a fuss. Your experience is typical, unfortunately.

Angiepange

fatbelly wrote: »

Is that the 13th May version? It is interesting.



You are absolutely correct. Please do kick up a fuss. Your experience is typical, unfortunately.

Yes it is that document. Kindly forwarded to me by a contact in another local authority who approached me very early on in all this with help and advice. Got to thank this forum for that.

if my experience is typical then its no wonder there are so few completed MR's !!

Angiepange

Morning, just a flying visit update as its my birthday today and hoping for a nice day to relax and chill!!

We have received the OFFER for the house from the housing association :j woohoo! Its a rather long document to read through and we have to wait for the 8 day cooling off period before we send back the form to say we would like to proceed, but im over the moon to finally have it 'on the table' at long last.

I will go into more detail later when I have a chance, but just wanted to share the good news about my progress with the mortgage rescue, oh and if it all goes ahead we will be the first in my area to have got through it.

See you all later wonderful people and thanks again for supporting me

Angie x

Sunnylooloo

Have a lovely day hun! and brilliant news!!

xxxxx