Quote:
Originally Posted by AdamD
I have no idea what it's held in, I didn't know there was a difference
I would assume it's a joint tenancy? Not sure.
But, in other news, we got a letter through the post today to say our mortgage hasn't been paid for the last 2 months and the matter has been sent to a collection agency (The letter was from the collections branch of "Santander")
He claims the bank "lost" his shares and it messed up his direct debits, but the letter can be tossed out, as they are aware of the situation and the reason we got the letter is just "Procedure"?
I don't believe him, for several reasons, namely he's been waiting outside everyday for the postman/girl for the past 3 months and the one day he isn't here to intercept the post, is the day we get the letters.
This guy is completely useless, and that's putting it mildly.
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As has already been advised, now is the time to consult a solicitor. You could use this to force him to sell his share of the property to you and the other partner.
---------- Post added at 16:14 ---------- Previous post was at 16:13 ----------
Quote:
Originally Posted by colin25
Luckily credit ratings are assigned to the person now..and not the address..or the "big red letters" letters (you know what I mean) might have been a worry.
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If it is a joint mortgage, all names on the mortgage deed will be affected.
---------- Post added at 16:14 ---------- Previous post was at 16:14 ----------
AdamD, do you have seprate mortgages, or is it just the one mortgage?