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Does my guarantor have to pay

from sarah chambers (sarahchambers@hotmail.com)
I took out a mortgage three years ago on the advice of my father. I had earnings of only £6000 per annum and he arranged a mortgage of £50000 acting as the guarantor. circumstances have changed and i am no longer able to pay the repayments on the mortgage. I am now six months in arrears and the bank are beginning to take legal action aginst me. The house has been up for sale for over a year but structural problems are making it very difficult to sell. The original survey was also arranged by my father. he has refused to help in any way with the current situation and simply says because everything is in my name then it is my problem. Can i force him as guarantor to the mortage to help me?
(posted 8420 days ago)

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