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Beneficial Interest & Repossession

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Comments

  • Queen
    Queen Posts: 788 Forumite
    Hello, we really want to continue with the property but just dotting i's and crossing t's before we sent form off, due to the situation with employment was worried that if we were ever in that position what is likely to happen.
  • Queen
    Queen Posts: 788 Forumite
    Hi, well I spoke with Insolvency.gov again who confirmed that if you purchased BI and later property was repossessed as long as you don't sign a form by your mortgage lender then this would be included in BR so I have sent forms off today recorded to the OR, does anyone know how long the process takes once the property is sorted the will then send out for for I&E to acess for IPA does anyone one roughtly how long this takes
  • tigerfeet2006
    tigerfeet2006 Posts: 14,030 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    How long is a piece of string?? It depends on how busy your individual office is. Can be a few weeks could be several months.
    BSCno.87
    The only stupid question is an unasked one
    Loving life as a Kernow Hippy
  • Queen
    Queen Posts: 788 Forumite
    Thank you I'm sure you will be in touch
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