|
Richard P
Senior Member
United Kingdom
1701 Posts |
 Posted - 27 January 2010 : 15:07:42
|
Hi Emma
Not necessarily so
If you have a a large amount of equity the OR, may dictate that you sell the property or find someone to buy back the equity (beneficial interest) but this is done in slow time
the big question is with the mortgage and second charge, will it be cheaper to rent or stay in the house, i know the heart always says stay put, but what makes best finacial sense for you and your family
regards Richard |
 |
|
I have managed to keep up payments on my mortgage
