I am in a situation where I am 54 now unemployed and living on Job Seekers Allowance. The DSS are paying part of the interest on the mortgage to Britannia BS.(posted 8093 days ago)Hammond Suddards Edge has issued a claim for repossession of the property. But the property is valued at twice the amount that Britannia is claiming. I put the property up for sale as soon as I realised that there was no way I could find the arrears demanded from me. I got three valuations and put the house up for sale with the Halifax Estate agents.
Question 1: Is it possible for the court to let me stay in the house, maintain it and realise the best price possible to enable my family and I to maximise our capital and buy a more modest house. If so what is the best way to convince the court that this is the best way forward. I have searched the Internet for precedents on this and have not managed to find anything. If the house is repossessed I am afraid that the building society will only be interested in covering their own money.
Question 2: Britannia Building Society (very conveniently) have been posting payments to a smaller account that I have, thereby making my arrears situation seem a lot worse than they actually are. Also there are debits posted to the account, which seem to be totally unnecessary such as insurance fees that cover the whole amount including land not just the value of rebuilding. Also a regular deeds fee, which they cannot explain. How can I get the mortgage audited very quickly before my court hearing on the 11th of March 2002
Question 3: In my search of the Internet, I came across references to fraud, illegal, immoral and sharp practices committed by Britannia Building Society and Hammond Suddards Edge, Britannia's solicitors. I tried to trace the website to see what all this is about but the website www.britanniabuildingsociety.org and www.britanniafraud.org seems to be blocked. Does anybody know who is behind this website so that I can communicate with them to see if there is any common ground. The name Paul Todd has cropped up but I can find no trace of him.