Response to UCB Homeloans

Thanks for the info, I have a repossession hearing on Thursday. I have had a UCB mortgage for 10 years. The property was only a one bedroom house and when we had kids we tried to sell. I discovered the property had negative equity and UCB would not allow us to sell at a reduced amount. We had to move out into a bigger house and have been renting. I was made redundant last year and have not paid the mortgage for 6 months, However I restarted payments last month. UCB seemed very keen to repossess the property even though the arrears are only about £1000. Part of the problem is I payed a lump sum in March last year from the sale of my endowment policy. This payed my mortage for several months, however UCB are claiming I have not made a payment for a year (which is true, but the lump sum was to pay my mortgage up to August 2000. So in fact I am 6 months in arrears, not 12)

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