have a buyer but shortfall on secured loan

holeinthehead

Hi all

Any advice appreciated!

Have a buyer for our property (in NIreland)- first mortgage covered but not secured loan.

Have offered to continue paying 2nd loan but to no avail......

Really don't want to lose our buyer (don't come along very often).

Planned to rent and 'start over again' but frustrated that it may fall through if loan company do not release their charge! Very frustrating when we have never defaulted etc and are willing to continue with loan.

Would be very grateful for any advice / inspiration - in an ideal world the first mortgage company would let us pay less to them?????

Thanks in advance............

DVardysShadow

Cross posted.

All the action is on the other thread https://forums.moneysavingexpert.com/discussion/3948563 so don't waste time duplicating answers on this thread.