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Help please secured loan on mortgage now due!!


ruthb1
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hi,

 

I Would really appreciate some help in a very difficult situation.

 

A little bit of background first. we Have a NRAM mortgage with was originally on repayment which was took out on 2005, subsequently we borrowed and borrowed in the height of borrowing and our mortgage as of today is 167,000. one of the loans which we thought was to run to the term of the mortgage apparently has matured in December 2016 and they want £11000 now.

 

In 2006 my partner suffered 2 heart attacks within 4 months of each other and subsequently went to half pay and we started to fall into arrears on other bills so I contacted nram and switched to interest only. finally as we thought we were getting somewhere the financial crisis hit us in 2008 and NRAM eventually were owned by the government and not regulated and so we plodded on by which time arrears on other debts were mounting upon me as I tried to take control as I didn't want my partner to suffer any more stress due to his heart but eventually I went into meltdown and suffered a breakdown . it took me a few years to get back on my feet and then I was made redundant in 2011 .Nram however were always paid.

 

in 2013 my partner was diagnosed bowel cancer and again went to half pay.

 

In 2015 I was diagnosed with PTSD And GAD (generalised anxiety disorder.

 

so the top and bottom of all this is we have been contacted by NRAM as £11,000 is now due.

 

because of problems in the past and me burying my head in the sand I have ended up with CCJs 2 have been settled one for £1000 and another for £8000 but I have another which I need to pay.

 

my partner has a good job and I work part time, he is involved with a credit union through his work and he applied for a loan with them of £10,000 to clear the debt as he has £1700 in savings with them which they declined.

 

Nram are saying that they want the full amount an no negotiation, sell or re-possession and they cant extend mortgage as not regulated

 

credit union today have advised that just by making an offer they have to accept? they said that a law was implemented a few years ago that they have to accept this but I cannot find this anywhere.

 

I need to find this information out ASAP

 

any help please

 

 

thanks

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