hi i need some urgent help and advice pls due to be evicted

[jimmyq]

Re: hi i need some urgent help and advice pls

hi the loan was taken out in 2007

i was self employed as far as i remember cystal mortgages sorted it all out for me i dont remember providing them with anything as far as i know they dealt with all that employment etc etc and got it sorted for me

Even upto this day crystal mortgages ring me up asking to help me out of this offering me alternatives loans and mortgages. They also know how much i owe blemain and when my eviction dates are in place? so they must be in with blemain i presume

Basically i bought some land in 2007 for £210k and needed a mortgage i somehow approached crystal mortgages and they said they can only get me £100k on the land and the rest £105k would have to be a bridging loan secured on my house

i had about £200k equity in the house

the initial plan was to build on the land then remorgage it and pay off the bridging loan within the term. Unfortunately i had a death in the family and then fell ill ontop of that the recession killed my business and everything went tits up.

I sold the land at a loss and paid the £100k mortgage aswell as lump sump to blemain £58k after this i made a few smaller amount lump sump and installments now totalling too £139k

As for courts ive never had a hearing or been called to court as far as i can remember all i know is blemain said they have some sort of order in place, if im behind 3 months they apply for an eviction date to the courts and then i get the notice of eviction. ive checked up with the courts and eviction notices are real.
so far i have been clearing the arrears to cancel the evictions. i had one for the 10th of july (tuesday) and did the same again

[PriorityOne]

Re: hi i need some urgent help and advice pls

and the rest £105k would have to be a bridging loan secured on my house

I sold the land at a loss and paid the £100k mortgage aswell as lump sump to blemain £58k after this i made a few smaller amount lump sump and installments now totalling too £139k

So... you borrowed £105K from Blemain and have paid them back the £58K, together with installments totalling £139K in all to Blemain?

Is that correct?

[jimmyq]

Re: hi i need some urgent help and advice pls

So... you borrowed £105K from Blemain and have paid them back the £58K, together with installments totalling £139K in all to Blemain?

Is that correct?

this was last year

ive paid them £3800 this monday gone and same in march so over £140k now

[PriorityOne]

Re: hi i need some urgent help and advice pls

Greedy feckin' barstewards!!

[The Tech Clerk]

Re: hi i need some urgent help and advice pls

Greedy feckin' barstewards!!

They are joking be laughed out of court surely>.

[Pixie]

Re: hi i need some urgent help and advice pls

Hopefully, you won't need to pay them another penny

Well put P1!!

[Undercover Elsa]

Re: hi i need some urgent help and advice pls

Was the notice stamped by the court and headed Notice of Eviction, with N54- Notice of Eviction printed at the bottom?

If so sounds as if they have a suspended possession order, for which there must previously have been a hearing, surely?

[PlanB]

Re: hi i need some urgent help and advice pls

But please don't stop making payments to the lender while there is a possession order on your home and the ongoing threat of eviction

[jimmyq]

Re: hi i need some urgent help and advice pls

Hopefully, you won't need to pay them another penny

Well put P1!!

see this is the thing i dont know where i stand im just falling into more and more debt with other things too just to try and keep paying Blemain and keep the roof over my family.

I hope with the help of all you guys something can be done

[Pixie]

Re: hi i need some urgent help and advice pls

You stand a far better chance of getting something done with the help of this forum than you ever did with CAG or LB, as I'm sure you've realised with the response you've got so far.

I'm totally out of my depth with this knowledge-wise but I can still offer you my support. If there's anything that can be done, then Niddy and Paul are the guys to help you.

[PlanB]

Re: hi i need some urgent help and advice pls

see this is the thing i dont know where i stand im just falling into more and more debt with other things too just to try and keep paying Blemain and keep the roof over my family.

I hope with the help of all you guys something can be done

Don't worry

Prioritize the debt secured on your home and we'll take a look at everything else afterwards

I haven't understood whether you have another mortgage (first charge) on your house, and the Blemain debt is secured by a second charge? There is a difference in the way the court handles possession proceedings for secured loans from 'regular' mortgages.

[jimmyq]

Re: hi i need some urgent help and advice pls

Was the notice stamped by the court and headed Notice of Eviction, with N54- Notice of Eviction printed at the bottom?

If so sounds as if they have a suspended possession order, for which there must previously have been a hearing, surely?

yes its a proper notice of eviction. But honestly i dont think ive ever been called to court or had a hearing as such

I was under alot of pressure and stress at one point i even stopped opening my mail as i was so fed up with it all so maybe they have called me at some point?

but im really unsure nor do i remember seeing anything in the post as i try keeping most of blemains stuff together i knows its from them without evening opening it

i get the common court order breached and warrant for eviction letters off blemain. had a few off monarch recoveries in the past too who are part of them too

[jimmyq]

Re: hi i need some urgent help and advice pls

i have a mortgage on my house for 80k 1st charge and blemain have 2nd charge

my 1st mortgage company are on my case now and will be applying in court next month (but ill try and clear them before it gets too court) as ive missed a few payments with them too just too keep blemain off my back.

[Undercover Elsa]

Re: hi i need some urgent help and advice pls

Most of us on here have been at the shoving letters in a drawer unopened stage at some point or another. There's no shame in that, it's just a symptom of the stress and despair these firms generate.
And there's very little that causes as much stress as the threat of losing our homes.

[PlanB]

Re: hi i need some urgent help and advice pls

i get the common court order breached and warrant for eviction letters off blemain. had a few off monarch recoveries in the past too who are part of them too

I'm just wondering whether your house was actually repossessed or taken into receivership under the Law of Property Act 1925 which can sometimes apply to bridging loans on land transactions (not homes bought to live in) which are seen as *commericial* and not residential loans so not regulated by the FSA. Most buy-to-let loans fall under this area of law, and your loan was to buy land not a building as such. In these cases there are no court hearings the receiver can seize the property and that's that. But I know lots of people who have got their property back from the receiver so don't panic

This should be spelt out in the Ts & Cs which came with your loan. Don't worry about it for now. I'll be back on Monday to see what's been discovered