Arrears paid off, what next?

[vickson]

So after 8 years, several Eviction hearings and mortgage lenders (lost count of how many times its been transferred now) I have finally paid off my arrears.

Does anyone know what I should do now to stop the lender going back to court on the old possession order, Lord knows Ive learnt how to manage my finances now and will try my best never to fall behind again. Glad to have this chapter behind me.

 

Over the years I've racked up tens of thousands of penalties and charges which also accrue interest separately to the mortgage. the Lender is now asking for me to set up an arrangement to pay these back, however I am disputing some of them. The lender has threatened to go to court to demand the whole payment, so I am a bit worried. Are these charges payable on demand? they have refused to add them to the mortgage.

Any advice on what to do now?

[caro]

Oh I'd love to see them try!

 

I wouldn't be paying any charges, and disputing all of them.

 

Name and shame the lender.

[renegadeimp]

List the penalty and charge reasons too.

[vickson]

Thank you caro and renegaeimp for your responses, I guess the first thing to do is to get a list of the charges, they are over 25k, Ive had various lenders (my mortgage kept getting transferred), it is now managed by Engage credit, but they are not the lender.

[caro]

Challenge the charges with them. If they deny it's up to them then ask who you need to contact.

 

Unless you have all the info, I suggest you send a SAR.