Mortgage Protection Insurance
in Reclaiming Mortgage Fees, Council Tax, etc
1 reply 1.1K views
Hi, looking for some help and advice. We foolishly accepted a 125% mortgage with Northern Rock in 2001. In 2004 after having our Daughter I had post natal depression (although I didn't know I had it at the time). I couldn't go back to work when I had planned to and ultimately the house was repossessed in August 2005. We have never been in a position to tackle the shortfall (part of which they structured as a loan and not part of the mortgage). More than 12 years has passed now and so my question is Can I look at claiming the payment protection insurance on both the mortgage and the loan and if I do can they still chase me for the loan amount? Btw, I am not proud of the fact that we owed them money but I do feel that they got us in over our heads from day 1 as we were very naive
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