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
- posted
19 years ago
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
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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