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Options for catching up arrears and re-capitalisation

captainando · 2013-02-11 17:37:25

Hi, I have arrears on my mortgage after a redundancy. I actually kept up the interest payments, but we are in arrears of over 6 months. I had a Bankruptcy in 2007 that is due to fall off this year, I want to look to sell the house in the next year so dont want to recapitalise the mortgage as is being suggested by RBS. This…

Comments

getmore4less Posts: 46,882 Forumite

7 February 2014 at 2:19PM

Hopefully a analysis of your statements going back would confirm this.

I suspect that as well as you benifiting from no longer having arrears on you credit rating, RBS also get to remove them from however they report these things and probably reduces the admin associated with having a mortgage in default.

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