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OR charging me £500 for my Property
StevieJa
Posts: 4 Newbie
Hi,
Looking for some advice. I am currently BR and have a joint property which is currently in negative equity and doesn't have a good chance of that changing anytime soon.
My OR is charging me £500 to remove their interest in the property however I really can't afford that.
Do I have an option NOT to pay it? And what will happen if so?
Should also say I'm in Scotland.
Thanks,
Stevie
Looking for some advice. I am currently BR and have a joint property which is currently in negative equity and doesn't have a good chance of that changing anytime soon.
My OR is charging me £500 to remove their interest in the property however I really can't afford that.
Do I have an option NOT to pay it? And what will happen if so?
Should also say I'm in Scotland.
Thanks,
Stevie
0
Comments
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I thought if you didn't want to buy their interest back they monitor the value for 3 years after which if no action has been taken then they are no longer able to touch the property............
Open up a dialogue with the OR about your inability to pay0
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