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Mortgage with Defaults
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Interesting Read!I am in a similar position now and stressed to high heaven!!Requested a 3 month payment break from MCF which they granted, I kept in touch with them etc etc - payments reinstated as per agreed date - the day after I have a default added to my account which has pulled my MIP to shreds - I’ve made an offer on a property and also accepted on ours -
I do have high debt, a good salary where bills are always paid aside from this 3months and been in same role for nearly 20 years - broker has advised I can try for a MiP 2months after default but has anyone had any similar experience? Wondering if to just pull out of the selling and buying0 -
SJ_1234 said:Interesting Read!I am in a similar position now and stressed to high heaven!!Requested a 3 month payment break from MCF which they granted, I kept in touch with them etc etc - payments reinstated as per agreed date - the day after I have a default added to my account which has pulled my MIP to shreds - I’ve made an offer on a property and also accepted on ours -
I do have high debt, a good salary where bills are always paid aside from this 3months and been in same role for nearly 20 years - broker has advised I can try for a MiP 2months after default but has anyone had any similar experience? Wondering if to just pull out of the selling and buying0
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