beneficial Interest?

BARRINGTON_3

Went br last month and just going through the trying to keep the house process, we owe 71676 and house been valued at 71995, we are really struggling to make up the equity, i know its only a small sum, but i have exhausted all my borrowing avenues off parents etc getting together the br fees, what with the 212 for solicitors fees i just wondered what would the minimum be that the or may accept for the 320 bi that we owe.

thanks

Esoog

£211 is all you should pay. They wont bother for the £300 so don't even entertain them. I'm sure an expert (debtinfo etc) will come along soon and confirm this.

BARRINGTON_3

bump xxxxxxxxxxxx

milothewestie

preety sure its only over a thousand they would be interested in

best of luck god bless

debtinfo

have you made an offer of £1, the worst they can say is no

BARRINGTON_3

just got a call from the OR and they have accepted my offer of £50 for my bi, yipeee. Asked about my soa as still not been sorted and hes told me that both myself and my partner are probably going to get early discharge so they will do the soa than, feel like i am finally getting there :j:j

BARRINGTON_3

just a quick question , has anybody any idea how long i will have to save the money for the solictitors fees and the beneficial interest, do i have to pay it all at once or maybe a repayment plan over a couple of months? just excited now that i am finally getting sorted but worried at the same time that after my soa i may not have enough surplus to save the monies needed

BARRINGTON_3

Anybody help please ?

debtinfo

You generally have to pay it all at once, the first amount will be the solictor fees, that will be due pretty soon

money_fool

Hi there
I just checked the letter the RTLU sent me re the BI in our house. It says you have 3 months to pay the fees from the date of the letter. Otherwise they assume that you can not afford or do not want to do it.
Good luck