PTSB 3 Month Mortgage Moratorium

Hi All

My wife and I are separating and we filled in a form to apply for a 3 month moratorium to give us time to get ourselves sorted.

I assumed that this would be granted since we have our mortgage 5 years and it has been paid on time every month with no issues what so ever. However I got a letter from them saying to come in and talk to the debt restructuring team.

When I rang to ask what the problem is I was told that because our LTV was 92% and the threshold is 90% they can not grant a 3 month moratorium.

Is this right? Anyone got any advice on what I can do cos we need this break.


Thanks
SB

If 3 months is all you need, then just don't pay the mortgage for those 3 months. What were you planning to do about the arrears if they did grant a moratorium?