| T O P I C R E V I E W |
| jane.m |
Posted - 14 August 2008 : 16:44:18
Hi
Is it worth paying for a chartered surveyor too carry out a valuation so that when you go the the or you can show that your house is in negative equity.
Has anyone ever been refused to buy bi when their house is in negative equity presume not with the market as it is.
Thanks |
| 6 L A T E S T R E P L I E S (Newest First) |
| John |
Posted - 14 August 2008 : 20:39:22
Hi jane
again there seems little consistency here.
Some open them before and they get to keep them going, others are frozen and closed.
Some find it fairly simple to open an acount once BR, others do not. From the posts I've read and calls I've received there doesn't even seem to be consistency through a given bank across different branches.
I would try one just before BR explaining you need a basic account and why.
If it doesn't work go to another after.
It does seem that there is a greater success with the Co-op when applying for an account after BR so try someone else first and leave them for after BR if you need to.
www.Bankruptcyhelp.org.uk
0800 078 9367 |
| jane.m |
Posted - 14 August 2008 : 20:32:21
Hi John
Is it better to open a new account before or after you have been made br.
Many thanks |
| jane.m |
Posted - 14 August 2008 : 20:28:00
quote:
Originally posted by John
Hi jane
to be honest I don't think the survey is necessary in your case.
I thinks it's a real advantage that the 2 things are dealt with on the same day.
Saves all the anxiety between BR and OR as many have mentioned on the forum.
www.Bankruptcyhelp.org.uk
0800 078 9367
|
| John |
Posted - 14 August 2008 : 20:23:31
Hi jane
to be honest I don't think the survey is necessary in your case.
I thinks it's a real advantage that the 2 things are dealt with on the same day.
Saves all the anxiety between BR and OR as many have mentioned on the forum.
www.Bankruptcyhelp.org.uk
0800 078 9367 |
| jane.m |
Posted - 14 August 2008 : 20:19:58
Hi John
In your professional capacity do you think it is worth spending the money for the valuation. I have spoken to my local court you have to make an appointment and everything is done on the same day you are declared bankrupt and then see the or at least it is all over and done with and is done within 2 week time span.
Many thanks |
| John |
Posted - 14 August 2008 : 18:30:27
Hi Jane
if you do want to engage a surveyor be sure to inform him at the outset that you want a valuation based on a quick sale, sometimes known as a red book valuation.
www.Bankruptcyhelp.org.uk
0800 078 9367 |
