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vacs
Junior Member

234 Posts

Posted - 01 October 2008 :  17:13:16  Show Profile  Reply with Quote
I think I have zero collateral on my property not sure purchased last year for £470000 and morgage is £404000 had valued about 3 months ago for £400000 will they accept this or will they have an other valuation done. if so when do I ask for my benifical interest to be purchased by my other half

Needafriend
Junior Member

United Kingdom
344 Posts

Posted - 01 October 2008 :  18:58:08  Show Profile  Reply with Quote
Hi Vacs

If the OR needs an up to date valution they will ask also if you want to buy the BI just inform them at the time of your interview as they will then write to you about it.

Good luck

Jo x

For links to help with Bankruptcy, useful web pages and also a run down of my new debt free life, both before and after Bankruptcy, then please visit my blog:

http://debtfreejo.blogs.bankruptcyhelp.org.uk/
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