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Bridging loan repossession

holypocketsbatman · 2013-09-08 17:46:37

Hi All, Hope this is the right place to post I hope someone can help. We live in a flat in London. My mother-in-law inherited it from my father-in-law but as the mortgage was non-transferable, she had to take finance. her mortgage broker told her that she couldn't 're-mortgage' until she had owned the property herself for…

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Thrugelmir Posts: 89,546 Forumite

19 September 2013 at 1:36PM

holypocketsbatman wrote: »

Well, perhaps predictably, the court ignored the adjournment request and issued a repossession order for 28 days.

Judges aren't unsympathetic, however the court is duty bound to follow the law. The contract that was signed for the bridging loan will be explicit in this regard.

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