Tomandgerry
Registered User
- Messages
- 27
Thank you Brendan, and you do not think the FSPO will do anything after my contact with them? Regarding the possession order I had an ongoing mental health issue, missed payments and did not engage with the bank at all, and I am not proud of that. I am now recovered (a result of something else that happened) and am feeling very well now thankfully.Hi gerry
I am not sure that there is much you can do here.
You have a big mortgage in relation to your salary which would suggest that your mortgage is unsustainable.
However, the alternative of renting is even more unsustainable, so you must stay where you are.
You have not explained how they got a possession order against you. It is very difficult for a bank to get such an order so you must have paid nothing for years and you must not have gone to court. Paying anything at all and showing up in court is almost always enough to avoid having a possession order granted against you.
All you can do now is accept Start's offer of a 2% interest rate reduction. It kicks the can down the road but is much better than having a possession order issued against you.
Brendan
Will I ever be in a position to switch lender as far as my credit history is concerned
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