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?
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!