Negative equity - negotiating with lender 3 May 2016 at 8:23PM in Mortgage-free wannabe 2 replies 403 views

SherlockNomes

Does anyone have any experience of marketing their negative equity property in Northern Ireland (or elsewhere) and then negotiating with the lender to do a deal on the shortfall? If so, which lender? This is something I am considering doing to address c.£70k negative equity - I know lenders do it behind closed doors, but want to avoid middlemen/negative equity companies (plus their hefty fees) and negotiate directly.

All experience gratefully received, thank you

edinburgher

I think you want the main Mortgages board, this is for people paying down their mortgages quicker and you won't get as many views. Best of luck :beer:

SherlockNomes

Oh yes, probably right - thanks for the tip off!