Was wondering if any one else on here has a northern rock mortgage . We have and was reading in the paper to day that if someone dosent buy them out soon, and the goverment take them over ,We will all have to remortgage to pay them back or put the house up for sale , are house is up for sale. just hope it sells soon . this country hey .... karen
our mortgage was with them but sold ours in july they were always tyring to lend us money no wonder they are in trouble hope goes all well
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Don't panic nothing will change for you apart from who you owe the money too.
what ever happens someone will buy or own the mortgage book which is you and your mortgage you are valuable because the interest you pay on your mortgage is profit to who ever owns the mortgage book if the goverment takes over you will owe the money to them under the same agreement as you had with northern rock the only change you should notice is the name of the company you pay your monthly installments to don't worry at all the only people going to lose is the shareholders and a few ministers
your house is safe as long as you keep pying your mortgage and my personel thoughts are it won't go under but taken over
you are perfectly safe so don't worry
