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 Existing mortgage whilst bankrupt

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T O P I C    R E V I E W
poodle Posted - 27 June 2009 : 13:27:15
Hi

My existing mortgage is on a fixed rate for 2 years. I'm hoping to buy back the beneficial interest and keep my property, but the fixed term with abbey expires whilst I will be bankrupt. Are Abbey likely to consider me for another fixed term or am I likely to end up stuck paying extortionate interest?
3   L A T E S T    R E P L I E S    (Newest First)
poodle Posted - 29 June 2009 : 23:20:16
That sounds positive, I'd appreciate it if you let me know how you get on as I'd like to be forewarned!

Thanks for your help,

Poodle!
mab Posted - 29 June 2009 : 23:05:56
Hi

I have my mortgage with Abbey as well! they told me that as long as there are no arrears on the account they would still be able to offer a new fixed rate deal!

I havent tried yet but it seems hopeful
Niobe Posted - 27 June 2009 : 14:58:53
Not sure, but you may find that you will just end up on the normal variable rate.

The glimmer gets brighter all the time

Jan
xx

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