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globetraveller

globetraveller Posts: 2,249 Forumite

Part of the Furniture

Combo Breaker

11 March 2012 at 12:17PM edited 11 March 2012 at 12:32PM in Mortgages & endowments

deleted as answer found

weight loss target 23lbs/49lb

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antrobus Posts: 17,386 Forumite

11 March 2012 at 12:32PM

globetraveller wrote: »

A friend is unable to keep repayments up and it looks as if the mortgage company will sell her property. It will sell for less than the money owed. Would that be the end of it or does she still have to find the money she still owes?

She will still have to find the money she still owes.

globetraveller wrote: »

As this is a house she rents out she is worried she will also lose her main home. ...

That's a possibility. Depends on her exact circumstances.

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