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No progress with removal of charges.
Padstow
Posts: 1,040 Forumite
Divorced April 2011 Made tenants in common and I was awarded a fixed sum from equity, the remainder due to ex.
He declared himself bankrupt in July 2012. Bank took me to court for repossession under 56 day order, Then had offer on house accepted.
He has a second and third charge on his now, non existent equity. Due to having to accept 150k less, there is no equity for the IP to pay those charges.
My conveyancing solicitor has no idea how to remove his charges.
The completion was first due in December but is still stalling due to the sol not knowing what to do.
My buyer's mortgage offer expires in under two weeks, and if they have to reapply, will take weeks, during which time the bank is likely to repossess.
That's not the only problem as I'm surviving on pension credit while the debts on this large house are forever mounting, all to be paid from my share of the equity.
Does anyone know how to remove the ex's charges, so the house may be sold?
He declared himself bankrupt in July 2012. Bank took me to court for repossession under 56 day order, Then had offer on house accepted.
He has a second and third charge on his now, non existent equity. Due to having to accept 150k less, there is no equity for the IP to pay those charges.
My conveyancing solicitor has no idea how to remove his charges.
The completion was first due in December but is still stalling due to the sol not knowing what to do.
My buyer's mortgage offer expires in under two weeks, and if they have to reapply, will take weeks, during which time the bank is likely to repossess.
That's not the only problem as I'm surviving on pension credit while the debts on this large house are forever mounting, all to be paid from my share of the equity.
Does anyone know how to remove the ex's charges, so the house may be sold?
0
Comments
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Hi,
I'm sorry I can't offer any advice on this but have you tried posting in the mortgages section of the forum as you might find someone on there who has knowledge of this sort of thing.
Hope you get it sorted.
M0
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