We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Help with French Property?

oliverknightly
Posts: 1 Newbie
I own a property in France and due to losing my job in the UK, I have no way of paying the monthly mortgage payments. I am now a number of months in arrears.
I am looking to sell the property, though I know that it is in negative equity. Subsequently if this sells and I still owe a sizeable amount with no way of paying this - what options do I have?
- What action can they take in the UK against me?
- If it didn't sell and they simply reclaim the property, the same question?
- Can they enforce this debt? if so, how?
- could this lead to me going bankrupt in the UK?
If I had the funds, I would of course settle any outstanding debt but this is an impossibility, so I am trying to find out what the likely outcome would be?
Thanks
I am looking to sell the property, though I know that it is in negative equity. Subsequently if this sells and I still owe a sizeable amount with no way of paying this - what options do I have?
- What action can they take in the UK against me?
- If it didn't sell and they simply reclaim the property, the same question?
- Can they enforce this debt? if so, how?
- could this lead to me going bankrupt in the UK?
If I had the funds, I would of course settle any outstanding debt but this is an impossibility, so I am trying to find out what the likely outcome would be?
Thanks
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards