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 Cost of buying Benificial Interest

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T O P I C    R E V I E W
wellerchic Posted - 23 February 2009 : 16:59:52
Hi

I'm new to the forum and wondered if anyone can tell me how much the legal fees are when someone is buying the benificial interest in your property. I know it would be £1 because it has negative equity but not sure of the fees on top.

G x

There is light at the end of the tunnel, hopefully I will find it soon !!
6   L A T E S T    R E P L I E S    (Newest First)
Skippy Posted - 24 February 2009 : 20:24:50
Melanie N has confirmed today that the cost is £1 + £211.

Tomorrow is a mystery, yesterday is history, today is the present, a gift to make the most of.

View my blog at http://skippy13.blogs.bankruptcyhelp.org.uk/

20 IPA payments made, 16 to go - on the home straight!
Niobe Posted - 24 February 2009 : 18:57:16
This is what the Insolvency site says about it:

http://www.insolvency.gov.uk/guidanceleaflets/home/home.htm

The glimmer gets brighter all the time

Jan
xx
hammy0107 Posted - 24 February 2009 : 16:37:36
If the property is jointly owned then it is £211, if it is solely owned yet a partner is buying the BI it then becomes £500.
Skippy Posted - 24 February 2009 : 12:52:10
Good luck for Thursday!

Tomorrow is a mystery, yesterday is history, today is the present, a gift to make the most of.

View my blog at http://skippy13.blogs.bankruptcyhelp.org.uk/

20 IPA payments made, 16 to go - on the home straight!
wellerchic Posted - 24 February 2009 : 12:51:12
Hi Jan

Thanks for your reply.

I'm in court on Thursday for my hearing.

Fingers crossed all will be ok

Gx

There is light at the end of the tunnel, hopefully I will find it soon !!
Niobe Posted - 23 February 2009 : 17:21:34
Hi,

It's £211 plus the £1.

The glimmer gets brighter all the time

Jan
xx

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