Just thought this is worth a discussion, I had originall made contact with my bank to see if I could go interest only, I was a couple of months in arrears and had explained that I was unemployed and could not afford to cover the mortgage, their suggestion was that they would review if I could find a way to clear the current arrears, I was a little upset as after explaining my situation I'm not sure where they thought I could find the monies from before the end of the month. I then made contact with New Beginnings who then replied with an attached letter saying that While they offer representation to people in the courts they are getting an increased volume of calls from people in arrears and looking for representation to negotiate on mortgage holders behalf. We would need to complete a form detailing our income loans expenditure and the usual details, send it back with a fee of 35 euro to cover admin costs It would then be decided if that person would benefit from the services of intervention and the second stage would commence where by they would put a case forward to your lender on your behalf to find a solution. They have already put a solution to the gov that people in circumstances where they cannot pay the full mortgage should only pay 35% of their net disposable income and park the balance on the shelve allowing the repayments to rise each year which should then catch up to allow you to clear your mortgage over the original agreed term. Thats the short version there may be a more detailed plan. They do say that they charge a fee that can be discussed with the mortgage holder. I'm just wondering as a group will the banks engage in talks on our behalf or can banks refuse to deal with them, don't want to make matters worse.