T
thebigyin
Guest
I'm approaching a point where I am likely to go into arrears in my mortgage having being paid the interest only for almost 2 years now. I am an OAP so the chances of employment are out-with any possibility.
My previous employer went guarantor for our mortgage, when I do default does the bank automatically use the guarantor option or can they delay this (legally) and eventually seek repossession without ever taking up the guarantor option.
My previous employer went guarantor for our mortgage, when I do default does the bank automatically use the guarantor option or can they delay this (legally) and eventually seek repossession without ever taking up the guarantor option.