T Time Registered User Messages 2,735 29 Nov 2012 #1 I am wondering how easy is it to get a letter of unsustainability from a lender?
M mark71 Registered User Messages 154 29 Nov 2012 #2 If you fill out a full financial statement for them and it show's you can't meet the payments you'll get one. I did.
If you fill out a full financial statement for them and it show's you can't meet the payments you'll get one. I did.
K Kine Registered User Messages 371 29 Nov 2012 #3 Is this where the bank basically writes to you saying, in tehir view, your mortgage is unsustainable and we would like to enforce our security?
Is this where the bank basically writes to you saying, in tehir view, your mortgage is unsustainable and we would like to enforce our security?
T Time Registered User Messages 2,735 29 Nov 2012 #4 No. You need a letter saying a mortgage is unsustainable in order to get social housing. To date such letters have been very hard to obtain.
No. You need a letter saying a mortgage is unsustainable in order to get social housing. To date such letters have been very hard to obtain.