Mortgage Help News
Mortgage Help News

Question: What would happen to my mortgage if anything went seriously wrong with Northern Rock?
Whilst i dont think it will, and i have listened to the news which states that some of the stories surrounding NR are exaggerated to the max it did get me wondering what would happen if NR or any other bank went into liquidity. Would i simply have to continue paying my mortgage to another organisation?
Answer: Nothing will happen to your mortgage in that you already had the money and bought the house. You will have to keep paying to someone, regardless.
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