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Barclays taking house off 76yr old with Dementia, as Interest Only Mortgage has expired

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  • My mum has had a mortgage for 45 years. It represents 17% of it's value.
    They don't want to continue it, once it reached the end of it's term, even after agreeing to continue it in May of this year. We only get to know a repossession court date is due on 30th of this month, 10 days ago. Barclays know she was staying with me over summer and it was only a neighbour checking post, that alerted us.
    (Barclays has made it very difficult for me to assist my mum on the issue)

    They wanted a message from the doctor, which they got, now they changed their mind and want a more formal letter via the post. Before 'possibly' reconsidering.

    Her rate was/is a minimum of 5% and went higher when rates increased recently. So they are earning well from her. Plus she paid off two loans they sold her, to pay off overdrafts, they kept letting her fill up! Until we asked them to stop. Both stink of miss selling.

    The impact of this will worry her, cause her to fear leaving her home and disrupt her recuperation with us. An effort that took her from being skin and bones, close to death (even with carers/social workers visiting), to eating and being more healthy.

    Ok so ignoring all the other boring non relevant drivel...you said she payed off two loans after spending her money and running up over drafts...well she cant be that poorly if she is able to go out and spend money on a regular basis.

    Sounds like your just upset your inheritance is being spent.:(
  • csgohan4
    csgohan4 Posts: 10,600 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Photogenic
    OP if you don't want to spend money on applying for a court of protection, then that shows your intent. Otherwise, stop googling and trying to wriggle yourself out of a contractual obligation and ensure the house gets the best possible price to be sold.


    Every day it remains unsold means more costs for your mother
    "It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"

    G_M/ Bowlhead99 RIP
  • AnotherJoe
    AnotherJoe Posts: 19,622 Forumite
    10,000 Posts Fifth Anniversary Name Dropper Photogenic
    edited 26 October 2018 at 10:21AM
    Taking control or taking from the account, should be treated differently than adding to it or being told the basics of a problem.

    Maybe the NHS should be able to add 'having Dementia', to someones credit score to protect them & initiate a Bank process for relatives to help.
    One of the biggest and more growing issues at the moment is younger relatives fleecing the confused elderly. There are often posts about it here in the death and inheritance forum. Banks can't just blithely hand over control to relatives, and the old let alone the new privacy regulations make it problematic for them to discuss someones affairs with a third part and neither can the NHS go just blabbing out peoples health state to financials institutions !

    BT rang and sold her a 2 year contract on a mobile phone when she never goes out, plus talked her out of cancelling it when they called to sell her another product (wasn't even turned on for a year).
    How on earth do you expect BT to know know she never goes out??

    In any case a mobile isnt just for being mobile. Maybe your mother would use a mobile for texts, whatsapps, loooking at pictures from relatives and friends etc etc, my mother was using a mobile frequently aged 90+, when she also practically never went out.
    Many elderly will not give up control willingly or even accept a problem exists.
    Indeed. That seems to be your problem which you are diverting attention from by blaming the banks for not snatching control from her and handing it over to relatives.

    Dealing with Dementia is hard to imagine, if never been caught out by it.
    And some have and dont blame others for failure to act in time.

    It may be harsh to say it but your mother never arranged to pay her mortgage off over 45 years, never made arrangements to deal with her mortgage ending, never handed over or made arrangements for you to look after her at a later stage of life when she was more mentally able to consider future possibilities.
    And you blame the "banks" rather than her younger self who is the root cause of these issues.

    You now need to be taking out a power of attorney for her even if it's against her wishes (or understanding) as she clearly is beyond looking after her own affairs and as someone who has experienced dementia with close relatives I can say the the harsh truth is she isn't going to be getting any better mentally so there's no point pretending she'll be able to cope better in future.
  • AnotherJoe
    AnotherJoe Posts: 19,622 Forumite
    10,000 Posts Fifth Anniversary Name Dropper Photogenic
    edited 26 October 2018 at 11:56AM
    Can someone with Dementia, get ​equity release or life time mortgage?

    Of course they can, if they are capable of filling the forms in or if a scheming relative persuades and guides them to do it to criminally extract money from the house.
    Banks don't know what medical conditions people have and many people with dementia are good at hiding it or covering up the symptoms, and at early stages they may well have the mental capacity to take such a decision rationally anyway.
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