There are many questions i wish to look into on this ,problem as re signing of security ,without legal advice ie solicitor ? was house valued at the time by a drive by method(this was system bank managers used at the time to value a house -just drive by and see if it was worth it The other points at the time the government and the banks were engaged in support for business by working along side the Government to assist people get off the dole and by a course which was free you were ,after it was all approved given an allowance and full business support and advice and think it from memory you were given #50 pounds per week in first year(will have to look records up on this)for exact figure and duration To take a a further loan out when you were unemployed with no reasonable means of paying it -needs further investigation and also were are all your cashflow and accounts? incorrect form -further deatails on this please not being told of your loan protection WHY? no duty of care appears there you state you are not working -is any payment from Dss going towards this mortgage forget 1992 you go back on this to 1986(posted 8981 days ago)and if as mapped out from your email,there have been alot of case law on this you may have a case for counterclaim against the bank they also have to give you a duty of care and also have contractual duties both under the advice given-insurance -ensuring you understand and if not advising you on seeking legal advice at the time-i would also like an accountant to go over these figures and see the interest and how it came about- these then should be taken further to a lawyer and if you are not working may be entitled to legal aid which if you got ,would all most certain to go to a barristor for his opinion (this would be one that specialised in banking matters
hope this as helped you so far if you require any further details - please email me direct
yours
Charles Twford