Hi! looking for advice

Karmacazee

wow, thanks for all the speedy replies!

As far as the debt concerns go, I believe she was told that it would be transferred into her partner's name, as he was going to originally keep the house - like I said, he wanted it as his nest egg. I think she was led to believe that before the house was sold, her name would be taken off it.

I'm confused by it all too, and as someone said second hand accounts are sketchy at best!

Pretty much as soon as I posted I realised that I should direct her to this site, I was just testing the waters so to speak. I'm just a concerned individual and did this off of my own back, but clearly she needs to have a look herself. She knows I've posted now and she will probably make a thread in the Debt Free wanabee board, and may even post in here. I hope she can try and clarify a few details for you all.

Once again, thanks for the replies.

JQ.

As others have said, I don't see this has anything to do with the Estate Agent. It is the responsibility of your friend's solicitor to safeguard her position.

nomoneytoday

If the house was being transferred to her ex, then how did she manage to sell it?
If it was in joint names then surely both are liable for the shortfall?

Did the EA state anything in writing about losing the negative equity?
What did the bank / solicitors say about the negative equity during conveyancing?
(The sols work for the bank as well as you)