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 We have no equity in our property,

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T O P I C    R E V I E W
Carol.ps Posted - 07 October 2009 : 10:53:17
We have no equity in our property, in fact it is a little in negative equity. If the Official Receiver takes possession of the house does this mean that we would actually have to move out?
2   L A T E S T    R E P L I E S    (Newest First)
Carol.ps Posted - 07 October 2009 : 17:00:07
Thank you Jan Very much.

Niobe Posted - 07 October 2009 : 11:17:30
Hi,if your house is in negative equity, then the OR won't be interested in it.

You will able to buy back the beneficial interest in for £1 plus £211 costs and that will take it out of the BR.

The glimmer gets brighter all the time

Jan
xx

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