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Shared Ownership- PLEASE help?!
Fabulouso
Posts: 110 Forumite
Hello,
I currently live in a shared ownership home that I bought in 2007 with an ex partner. He left in 2009 and I havent heard from him since.
I recieved letters last week, one from the rent side and one from the mortgage side- both are going up, I just cant afford to live here anymore. I dont know what to so? I cant sell as its in negative equity and I just dont know what to do. Can anyone give me some advice please?
Thank you
I currently live in a shared ownership home that I bought in 2007 with an ex partner. He left in 2009 and I havent heard from him since.
I recieved letters last week, one from the rent side and one from the mortgage side- both are going up, I just cant afford to live here anymore. I dont know what to so? I cant sell as its in negative equity and I just dont know what to do. Can anyone give me some advice please?
Thank you
0
Comments
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Why is the mortgage going up?Posts are not advice and must not be relied upon.0
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Click on the link below for Shelter:
http://england.shelter.org.uk/get_advice
Probably the very best people to speak to on this kind of thing. They are a charity that specialise in housing debts and repossessions.
Good luck:exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.
Save our Savers
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Hello,
I will give them a call thankyou!
He hasnt paid a PENNY since he left, I had a serious accident that he was aware of and wasnt able to work, which has left me with arreas on the mortgage (although these are being paid off by arrangement now)
I got a letter to say the LIBOR rate had increased?0 -
Can anyone help, does anyknow if shared ownership companies have any schemes to downsize or buy back or something?0
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