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Mortgage....how soon after reposession..and is it possible?

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  • agrinnall
    agrinnall Posts: 23,344 Forumite
    10,000 Posts Combo Breaker
    why would it be a wind up just wondered of it was worth me mortgaging and keeping the cash....just dont want problems with the nations worst bank down the line...wont name them but theyre from yorkshire. (WEST)...they shudda gone bust!

    I'd say that if you owe a previous lender a large amount of money and also have a mortgage on another property then your chances of getting one in the UK are pretty close to zero. And to be honest I hope you don't, talking of 'mortgaging and keeping the cash' makes it sound like you'd be prepared to default again.

    Oh, and by the way, the nation's worst bank is officialy the one that comes from the country you moved to.
  • SouthCoast
    SouthCoast Posts: 1,985 Forumite
    Information from National Debtline about mortgage shortfalls:

    http://www.nationaldebtline.co.uk/england_wales/factsheet.php?page=11_mortgage_shortfalls

    P.S. Check out Cross-Border EU debt recovery.
  • opinions4u
    opinions4u Posts: 19,411 Forumite
    well Halifax is really well known for being a bucn of a**oles they shudda gone bust!
    Lending to people like you probably didn't help them much.
  • _Andy_
    _Andy_ Posts: 11,150 Forumite
    well Halifax is really well known for being a bucn of a**oles they shudda gone bust!

    Well, at least you're taking a grown-up approach to all this.
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