if you have mortgage arrears with a finance company will the same company give you a remortgage or would you have to wait untill arrears cleared mortgage 430000 property worth 150000
mortgage
Jun 28, 2004
3 Replies
thousand pounds and the value of our property is only one hundred and fifty thousand pounds.Talk about Negative Equity! Seriously though if you meant to type mortgage 43000 against a valuation of
150,000 you may find that re mortgage is your best option BUT only after the arrears have been paid off. You don't state if you are now in a position to pay off arrears and continue up to date repayments on your mortgage or how far the finance company have gone in recovering their outstanding payments. A bit more information would be helpful. Eric
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