Mortgage arrears barclays

[Joanne1989]

It's due 31st also it says in the letter they can stop bank cards does that mean if I had a barclays bank card they would stop it or just in respect of the mortgage current account

[Ell-enn]

Why are you ringing them ??? all the advice you have been given up to now has been to keep things in writing. As usual they have tried to bully you over the phone ! it will not look bad to a judge that you have not supplied statements - you have sent them a written payment proposal and a budget sheet - a judge would be very happy to see that as it shows you have tried to come to an arrangement. Stay off the phone to them and make your payment - if they do threaten court action we will help you defend.

 

How will you be making the payment ?

[Joanne1989]

I can either transfer it straight in or have to ring them with my debit card details. They say they need to see three consecutive payments before they'll set anything up. Do you think I have a good chance if it does go to court. I will definitely not phone them as they arent willing to help at this point anyway. Sorry x

[Ell-enn]

If you can transfer it straight in that would be best - can you get a receipt ? that way you don't have to speak to them. If it goes to court and you can show the judge you sent a letter and budget sheet and have made payment in line with your proposal, then there is no way you will lose your home. You just need to sit tight and make your payments - it will be OK, honestly

 

Do you bank with Barclays ? if so do you have a Barclays debit card?

[Joanne1989]

I dont do my main banking with barclays we just still have that joint account with them but think they just have cash cards rather than debit. I dont think I can get a receipt however it would should on my statement or if I set It up as a standing order think you can get standing order reports.

Ok I will just make my Payments and let you know when I hear from them again.

If I pay What I proposed the £200 over the arrears, they would be clear in 23 months. They are also adding £40 per month and once it goes to litigation another £100 in charges.

[Ell-enn]

The £40 per month cannot be added to your arrears - that's a separate issue and one we can deal with once you get your payments underway. You say you don't do your main banking with Barclays ? do you use a Barclays account at all for anything ?

[Joanne1989]

Just so Robert can transfer Into it n I can transfer out, would this be a problen

[Joanne1989]

I also think he uses it as his main account a sole one

[Ell-enn]

Sorry I'm getting confused about these accounts : can you email me a copy of the letter you received where they said they could stop debit cards.

 

Also, can you list how many bank accounts you have with Barclays, whose name they are in and what you use them for so I can understand the position.

[Joanne1989]

I have a mortgage reserve account I don't use

And I have a joint acc with the ex that he pays money into, neither I use as accs as I bank with first direct. When I've read the letter I think it refers to the reserve account as it says they can reduce the limit also however i never use it and don't hold cards personally for any of the accounts. Then I have my mortgage in joint names however I pay it and has been like this for some time. I hope this makes a bit more sense.

Am I correct in thinking I just need to sit tight an make the payments and await further letters from them but to make sure I don't ring them

Thanks again. You've been a star putting up with me

[Ell-enn]

That's OK, I was just trying to make sure you didn't actually keep any money in any Barclays account.

 

Yes, just sit tight and make your payments - if you receive any letters let us know - it will be ok.

[Joanne1989]

No none at all or maybe it stays in for a day but nothing usually unless it's getting transferred into the mortgage.

Thank you again. It's just such a scary feeling

[Ell-enn]

I understand you are scared, everyone who has been in your position will have been scared as I'm sure you have read on the repo forums- but you know you can post on here whenever you need to, we will give you all the support we can.

 

Stay positive

[Joanne1989]

Just thought id let you know first payment made

[Ell-enn]

That's good. Can you print off proof of the payment? keep it with your copy of the letter you sent to them with your payment proposal. Lets wait and see what reply you get.

Just don't ring them ! If you get any letters from them come back here and let us know and we'll take it from there.

[Joanne1989]

Up to now no letters and I haven't rang them, I am tempted but at the moment keep trying to forget about it and get on with Things as I was getting really depressed.but the first payments Been made, it will be on my statement when it comes.

[Ell-enn]

OK, just sit tight and wait and see if they write to you. Don't phone them !

[Joanne1989]

Just thought I'd message as im starting to get scared again and don't know what's happening, is the proposal realistic and would you say i will definitely will not lose my home

[Joanne1989]

Messaging you so I don't ring them lol.

[Ell-enn]

Your proposal is fine and you have made the first payment in accordance with it. I know that waiting for news is stressful, but please resist the temptation to ring them, they will only try and get you to agree to something which you can't afford. Even if this did get to court no judge would allow repossession when you have made a reasonable proposal and started making payments.

 

Stay positive:) and keep messaging on here if you are tempted to ring them.

[Joanne1989]

Are you sure no judge would allow that? I've been looking and I've never had any suspended orders or anything. Previously barclays did say sometimes the solicitors will make an agreement. My next payment will be the 19th august and it's been nicer to be able to have a little money spare

[Ell-enn]

Plese try to understand you are nowhere near losing your home! you have had no solicitors letters or court action started. I really don't know how much more simply I can explain it to you -

 

In order to lose your home this is what would have to happen:

 

1. You don't make any payments towards the arrears

2. You will then get letters from the mortgage company solicitors asking you to pay all the arrears

3. you don't pay the arrears

4. you get papers from the court with a hearing date for you to attend

5. You send in a defence and attend court promising to pay something towards the arrears each month

6. Judge grants a suspended possession order

7. You don't make payments

8. Mortgage company apply for eviction order

9. You apply to the court to have it stopped and promise again to pay

10. Judge stops eviction

11. You don't make payments

12. Another eviction order applied for.............

 

That is a very simplified chain of events - so hopefully you can see just how far away from losing your home you are.

 

Feel better now?

[Joanne1989]

Yes thank you, I have still not heard anything and will be sending my next payment next week. Have you heard them send any debt management people out

[Ell-enn]

Some lenders do ask you to see their agents, but you can refuse as they will charge you for it. You have already done a budget sheet and made the first payment towards the arrears in line with your proposal - there is nothing that their agent could do that you have not already done.

[Joanne1989]

Ok that's fine just don't fancy one turning up with my daughter n son here, I barely answer the door anyway. Ok so I should just continue to wait? I feel a lot better I even managed to take my daughter and son on a work trip instead of not being able to afford to step out of the door, but can't help worry too