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Thanks for your reply Redonion. It looks like a long time of wait and see and stress so. Something I thought might have been coming to an end next year.

Hi, once they sold the property I've had no contact or attempted contact from them whatsoever. Also every year I do a credit check the outstanding amount is there but they've added no interest whatsoever which I thought strange ?

Yes I read through this . But when I googled to get an answer what comes up is , Mortgage debts For debts relating to the principal sum in a mortgage, a 12-year time limit applies from the date when the right to receive the money accrued (section 36, SOL 1957). With regard to interest, a...

I last made a payment on a buy to let mortgage in August 2013 . The bank sold the house in September 2016. Does the statute of limitations start from my last payment or does the clock reset from when they sold the property? Also,I always assumed the time limit was 6 years ? But now not...

No joy. Sitting there waiting to pounce.

Maybe so. But I'd rather not see it there all the same. Our principle mortgage is with Mars also so if that is there, which it should be, and the other isn't it may be an indication It's gone?

Looks like I'll be finally finding out if the loan is still around or has been closed. Just applied for my credit check from the Central credit register which went live yesterday. I'll be lighting a few candles and going through the Rosary beads waiting for the email reply.

Another set of yearly mortgage statements arrived. Once again only for my principal property and nothing for the buy to let I handed back. Just praying it has been writing off.

Don't worry ! I have no intention of poking the dog at all. But I thought once a sale had been made this would re set the clock,no?

Hi gahfan, sorry only saw your post now. The 170k left over would be near 80% of the loan owed. As for the process I just handed back the keys in a voluntary surrender. Heard nothing then I saw it go up for sale in an auction where it made less than 50% of market value for that street. I have...

To put this as short as possible my principle and buy to let are both with Mars. I handed back the keys on the buy to let in 2013. 16 months ago they auctioned off the house where it fetched 170,000 less than what was owed on the mortgage. I have since heard absolutely nothing form Mars about...

Ok Brendan, thanks.

Just a quick question. I'm about to start into the insolvency scheme, when the bank is calculating your income to work out what you can pay them, in a deal, is it just your basic weekly/monthly net pay they consider or also overtime/bonus payments as well?

I will have to look at it again so,thanks. I've noticed in the past few months that Irish life have combined the two debits on my account. Where as before they were separate.

I tried to end my mortgage protection insurance on my buy to let when the bank repossessed the property near two years ago. The bank IBRC wouldn't let us and I'm still paying it today.

Yeah, that's what I was thinking also. More straw clutching than anything I suppose.

I got a letter today from IBRC saying my two mortgages have been sold to Mars Capital Ireland. One , my principle mortgage and fully performing the other a buy to let where the property was surrendered to the IBRC in June 2013. Would it be possible to switch the performing one to PTSB with this...

Not sure if it's that easy to lie on it, unless you keep all your money in a tin box under the bed. It is pretty broad. When I filled mine for IBRC their defiantly was no reason to lie on it. The going out's were well ahead of the coming in's.

Yes, delighted, they got the money back from the vendors and refunded me all of it today. The person who rang me said that it is happening wholesale he reckons that whatever I paid for online the details were intercepted that way. A great relief to get it back.

Thanks.I think I'll have to go that route also.