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Default Help with Kensington mortgages
Hi,
I really hope someone can help.
I took out a secured loan with Kensington mortgages back in 2005 and struggled to keep up on the payments.
In 2009 I defaulted on my house and it was repossessed, there was a shortfall in the selling price of the house, my current mortgage lender stated that they would not chase the debt.
The issue now sits with Kensington mortgages, the house was sold in 2009 and Kensington have not defaulted the debt but keep submitting 6s on my credit file.
I have a feeling that it was around 2006/7 that I fell behind on my payments but the debt never defaulted.
Kensington have not once written to me, even though they know my address.
I really am not sure of my next move, I am aware that the limitations act works differently with a secured loan. But I really would like to know how the limitations act works and what I should do with the fact that they will not default the debt?
I am worried that if I send a SAR to them, I may stand the risk of them defaulting the debt at the wrong date, and thus ruin my credit record for another 6 years.
Any help would really be appreciated
Hi,
I really hope someone can help.
I took out a secured loan with Kensington mortgages back in 2005 and struggled to keep up on the payments.
In 2009 I defaulted on my house and it was repossessed, there was a shortfall in the selling price of the house, my current mortgage lender stated that they would not chase the debt.
The issue now sits with Kensington mortgages, the house was sold in 2009 and Kensington have not defaulted the debt but keep submitting 6s on my credit file.
I have a feeling that it was around 2006/7 that I fell behind on my payments but the debt never defaulted.
Kensington have not once written to me, even though they know my address.
I really am not sure of my next move, I am aware that the limitations act works differently with a secured loan. But I really would like to know how the limitations act works and what I should do with the fact that they will not default the debt?
I am worried that if I send a SAR to them, I may stand the risk of them defaulting the debt at the wrong date, and thus ruin my credit record for another 6 years.
Any help would really be appreciated
