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house selling nightmare due to seperation
martynbet
Posts: 5 Forumite
Can anyone help! I am seperating from my wife and we need to sell our house..problem is we have secured and unsecured loan with the mortgage provider. People keep telling us you pay solicitors fee's etc from the sale of the house but my wife is telling me (shouting at me) that i will have to come up with the money to pay the solicitor as the Building society will take everything from the sale to pay off some of the loans??? is this true? we would both be movin back to parents once the house is sold but at the moment it feels like we are completely trapped until i can save up enough to pay the lot!!....HELP!!!!:(
0
Comments
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Ask - perhaps both pop along so you're both clear.0
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yeah, you're probably right, i just didnt know if this was standard practise...thanks0
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It might be easier to go see Relate.0
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The mortgage provider will require the money on the secured loans before releasing the property for sale. Normally the unsecured loans would just continue as they are not a charge on the property. It would also be quite normal for the solicitor to take his fees from the net amount of the sale price."If you can bear to hear the truth you've spoken
Twisted by knaves to make a trap for fools"
Extract from "If" by Rudyard Kipling0
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