http://www.ukremortgage-quotes.co.uk/blog/remortgaging/northern-rock-and-remortgaging/ Advice for the smart homeowner Tue, 12 Jan 2010 13:06:32 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.ukremortgage-quotes.co.uk/blog/remortgaging/northern-rock-and-remortgaging/comment-page-1/#comment-42 Gill Waldron Tue, 12 Jan 2010 13:06:32 +0000 http://www.ukremortgage-quotes.co.uk/blog/archives/20#comment-42 I have been trying to purchase a property in Cambridgeshire from a Northern Rock mortgage holder, they are the only reason we are still waiting to exchange contracts after nearly 6 months, they refuse to speak to the vendors solicitor who has given his authority for this to take place and try and speed things up. The reason for the delay appears to be the loan to value is in minus, the vendor can only market the property at the going rate and I have offered almost the full asking price, which was accepted in Aug09. They are now threatening to repossess the property, why? The vendor has secured a sale SSTC, no wonder Northern Rock have problems if this is the way they treat their Customers, the vendor is trying his best to get this sorted out, but Northern Rock are not assisting him in any way. I have been trying to purchase a property in Cambridgeshire from a Northern Rock mortgage holder, they are the only reason we are still waiting to exchange contracts after nearly 6 months, they refuse to speak to the vendors solicitor who has given his authority for this to take place and try and speed things up. The reason for the delay appears to be the loan to value is in minus, the vendor can only market the property at the going rate and I have offered almost the full asking price, which was accepted in Aug09. They are now threatening to repossess the property, why? The vendor has secured a sale SSTC, no wonder Northern Rock have problems if this is the way they treat their Customers, the vendor is trying his best to get this sorted out, but Northern Rock are not assisting him in any way.

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