How to find out outstanding mortgage on house?

punjabi

All,

A family member has got himself into financial debt (again), and is about to have his house repossessed. We want to try and help out, but he's too embarrased and cagey about talking numbers. He starts feeling sorry for himself, and pretending that the problem is not as bad as it seems. We asked how much debt he has outstanding on the house, so that we can gather together as a family, and bundle him out of trouble, but he's being very partial with the truth. He says he doesn't want to talk about it.

Is there any way of finding out the total debt on his property?
The mortgagees, of course, will not disclose this information to anyone except him. And neither will any of the secured loan companies that he may (or may not) have used.

Any ideas?

Thanks and regards.

P

MortgageMamma

The only way to obtain this sort of information of someone is if they consent to it and you obtain a copy of their credit report from a credit reference agency. It's lovely that you want to stick together as a family and sort this out, as IMHO thats what being a family is about, but your family member may feel better talking to someone impartial such as a debt advisor at the citezens advice bureau. i

Its sometimes difficult to discuss financial difficulties with family for fear of judgement.

to find out how much has been paid for a property originally go to wwww.ourproperty.co.uk

MM