New poster so please bear with me. I have 4 mortgages, my PDH and 3 BTLs following severe paycuts we got into difficulty. Engaged with bank contiguously over the last 3 yrs. Had PDH and 1 BTL recapitslised and the other 2 btls were in an arrangement which we have stuck to paying interest plus some capital. Have just received s letter saying the 3 btls were being sold to Cerberus. I don't understand why if we were sticking to agreement which incidentally is due to end this month (Oct). Was hoping to enter another deal paying slightly more off capital. All mortgages are on tracker rate. Can anyone tell me what Cerberus are likely to do now. Will they be happy with interest plus some capital.