drydenfairfax collecting for northenrock mortgage arrears

blevo1972

Hi all,
This is my first post, so like others before me sorry if I have posted on the wrong page !
Anyway I am looking for advice regarding drydenfairfax, I had a mortgage with northenrock from 2004-2008 . I bought a dump of a flat in desperation after a breakup and after 4 years of nitemare neighbours had enough and put keys through letterbox never to return, not the smartest move I know.
Anyway , the account went into default and to cut a long story short, a few years later I received a letter from diss piper ? Whom I arranged a payment plan with, I then found out the account had been bought by drydenfairfax, I acknowledged the debt, 2012, and arranged a payment plan, I had the payments returned to my account and when I contacted Dryden was told problem was at my end. After contacting my bank and explaining the situation was told everything was fine at my end and the problem was with Dryden. So, I haven't heard anything in over a year despite me contacting them and I now want to apply for a mortgage with my partner. Will this show up on my credit file and prevent me from obtaining a mortgage ? And do I have to make contact with them again and 're_intimate a payment plan ?

Sorry if I haven't explained my situation fully but I'm inexperienced on these matters and desperately need some advice!

thanks for any help

thewhiteavenger

OK. It's a 'mortgage shortfall' debt.

The mortgage itself would have appeared on your credit file but if it defaulted in 2008 would be dropping off this year, six years after the default.

I think it unlikely that drydenfairfax would have made a separate entry unless they got a ccj against you, which I'm sure you would have mentioned.

Look, the only way to answer your question is for you to check your files. The £2 statutory reports are the easiest way to view these.

http://www.experian.co.uk/consumer/statutory-report.html

https://www.econsumer.equifax.co.uk/consumer/uk/gb_consumerletter.ehtml

http://www.callcredit.co.uk/consumer-solutions/your-credit-report/statutory-credit-report

You do not have to contact drydenfairfax. If drydenfairfax don't contact you they will eventually run out of time to effectively pursue the debt but as the period is 12 years and you acknowledged the debt in 2012 (in writing?) then we are looking at 2024. You may be better looking at settling this by way of a full & final settlement when you have a lump sum.