I own a Buy To Let Mortgage....And would approaching to Remortgage..?

However here is a few issues:

01. My 'Buy To Let' Mortgage is with Mortgage Express
02. I have a fixed BTL Mortgage till March 10 fixed at 5.49%
03. They enjoy written to me and said they will Waive the ERC
04. The Early Redemption Charge is lb7500
05. However last yes, the tenants run away
06. I also lost my job at the same time
07. So I missed payments for a few times,
08. However I hindered on these payments
09. I obtained a lb101,000 mortgage with a purchase price of lb125,000
10. Currently the 3 Bedroom First Floor Flat is valued at lb150,000
11. After a drop from lb185,000
12. The Current Rental Income is lb775.00 Per Month
13. The Current Mortgage Payment is lb464.24


So here are my question:

01. Could I get a Re-Mortgage in this situation
02. I hold been told, since I was belatedly on Payments, I cannot
03. Even though I have a legitimate Reason, Will I seize penalised
04. I do not want to take any money out of the Property does that help

Lastly, I can be contacted via email on: age(a)dr.com
for further information. Thanks surrounded by advance for all and any assistance
Answers:
merely go for it

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