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Negative equity

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Has anyone ever negotiated their negative equity with the bank directly themselves. Particularly the Halifax? I have spoken to a company who do it for you but there is a 4K charge, the Halifax are saying they will want it all, but I saw a thread on here that is now closed of a guy who said he did it himself. Thanks

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  • silvercar
    silvercar Posts: 49,577 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    I wouldn't waste 4k paying someone to do it for you. Either Halifax will accept it or they won't.

    If you have 4k to waste throw it my way; better still offer it to the Halifax as (part) payment of the negative equity.
    I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
  • foxy-stoat
    foxy-stoat Posts: 6,879 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    Post up the link to this thread as I am sure there was more to it that just asking to write off negative equity.

    Also what is your circumstances, numbers and any defaults you have against you.

    I am with silver there....dont pay someone £4K to try and negotiate for you when you owe money to lenders.
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