We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Obtaining mortgage after repossession
Darcy2801
Posts: 1 Newbie
Please help! I brought a property with my ex partner in 2008, he became violent so I moved out and it was unofficial that he continued to pay the mortgage. I then receive a letter stating the mortgage was not
Paid and they were going for repossession. I pleaded with the lender who said unless I could give them a huge Amount of
Money they will repossess. Eventually the repossessed but in that time my ex made himself bankrupt. The house was in negative equity and now I owe £30,000. I pay a small amount monthly but want to buy so much. I really don't know what to do
Paid and they were going for repossession. I pleaded with the lender who said unless I could give them a huge Amount of
Money they will repossess. Eventually the repossessed but in that time my ex made himself bankrupt. The house was in negative equity and now I owe £30,000. I pay a small amount monthly but want to buy so much. I really don't know what to do
0
Comments
-
When was it repossessed?
How much deposit do you have approximately as a percentage of the purchase price?I am a Mortgage AdviserYou should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.4K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.5K Work, Benefits & Business
- 601.3K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards