Hi there- I am a newbie - but quite in despair! I am trying to remortgage from a massive 12.75 % mortgage - taken out with Cheshire Mortgage Co - wrongly advised in the first place.
but I now find out I have arrears incurred by? I do not know - and Cheshire can not or will not explain - other than I was not paying sufficient each month to cover the interest only payments - despite paying what they told me to pay religiously every month for past 4 years- this is now jeopardising my application as it is showing as Arrears/ arrangement - I have paid a lump sum to clear - but the conditions of new mortgage say no arrears or arrangements for last 2 years,
Cheshire are just not helping and will not send me a written explanation?
Can anyone advise - as mortgage has been declined unless I can get something in writing from Cheshire - and I dare say they will not want to help!
jeanette
but I now find out I have arrears incurred by? I do not know - and Cheshire can not or will not explain - other than I was not paying sufficient each month to cover the interest only payments - despite paying what they told me to pay religiously every month for past 4 years- this is now jeopardising my application as it is showing as Arrears/ arrangement - I have paid a lump sum to clear - but the conditions of new mortgage say no arrears or arrangements for last 2 years,
Cheshire are just not helping and will not send me a written explanation?
Can anyone advise - as mortgage has been declined unless I can get something in writing from Cheshire - and I dare say they will not want to help!
jeanette