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T O P I C R E V I E W
Amanda.68
Posted - 11 February 2012 : 12:11:58 we have a joint owned home with no equity, how does the process of buying the property title for a pound work, as a spouse will I qualify to do this and what would I have to provide?
1 L A T E S T R E P L I E S (Newest First)
Viki.W
Posted - 11 February 2012 : 12:42:28 Hi Amanda,
If this is the home you live in then they will value the property again in 2 years and 3 months from the date of the bankruptcy and deal with it then.
You can no longer buy back the beneficial interest for £1, but you can offer to buy it back, making an offer of nearer £1000.