Hi, I have arrears on my mortgage after a redundancy. I actually kept up the interest payments, but we are in arrears of over 6 months.
I had a Bankruptcy in 2007 that is due to fall off this year, I want to look to sell the house in the next year so dont want to recapitalise the mortgage as is being suggested by RBS.
This is a £20K recapitalisation, which makes no sense if I am going to sell in a year.
What options do I have to lift the arrears off my credit file, I have been overpaying by £300 pcm for 6 months, but wont make much of a dent in £20K.
Would appreciate any assistance with regards to options, its the only thing holding back my credit rating.
Many thanks
I had a Bankruptcy in 2007 that is due to fall off this year, I want to look to sell the house in the next year so dont want to recapitalise the mortgage as is being suggested by RBS.
This is a £20K recapitalisation, which makes no sense if I am going to sell in a year.
What options do I have to lift the arrears off my credit file, I have been overpaying by £300 pcm for 6 months, but wont make much of a dent in £20K.
Would appreciate any assistance with regards to options, its the only thing holding back my credit rating.
Many thanks