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Protected trust deed
YOGIBELL
Posts: 1 Newbie
HI :j
Me an and my hubby are in our final year of our ptd. However our IP is requesting £1000 not to come after the equity in our property - £1000 we dont have. To be honest i dont see the point of paying it as we were in negative equity when we started the PTD and I dont see the property market having recovered enough to warrant paying more money we dont have but as I dont really understand wot the process would be if we didnt pay im unsure wot course to take.
Can anyone advise please as I am starting to worry about how we would pay for it if we had too. Thanx in advance xxx
Me an and my hubby are in our final year of our ptd. However our IP is requesting £1000 not to come after the equity in our property - £1000 we dont have. To be honest i dont see the point of paying it as we were in negative equity when we started the PTD and I dont see the property market having recovered enough to warrant paying more money we dont have but as I dont really understand wot the process would be if we didnt pay im unsure wot course to take.
Can anyone advise please as I am starting to worry about how we would pay for it if we had too. Thanx in advance xxx
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