[ Post New Message | Post Reply to this One | Send Private Email to roger watts | Help ]

Response to 12 Year rule?

from roger watts (rwatts.homeloans@virgin.net)
Beleive me you have absolutley nothing to worry about.All lenders nopw have to conform to the Mortgage code of practice,this states that no debts will be pursued after 6 years by members.They are all members.I regularly get mortgages for clients that were repossessed in the 80s and later.I will bet there is no money judgement order,if there is not then they have sqat.It unenforceable and they all know it.Get a solicitor to write to them on your behalf so as not to reveal your where abouts and ask for sight of the MJO, the sale price etc etc.It will cost 20/30 quid but will give you peace of mind.Be fare if they could extract their £30k they would have done it by now ,wouldn't they?
(posted 8006 days ago)

[ Previous | Next ]