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Selling shareownership property

Hi all, 

I am selling my shared ownership property. It is with midland heart. I have paid admin fees to sell. 

I am now being told I have to pay £450 upfront for the management fees ( £650 for a quicker processing) 

I don't have 450 just sitting in my bank account. The whole reason I am selling is because I can no longer afford the property due to my changing circumstances. 

So if a buyer won't sell without it. How am I meant to proceed if I can't afford it? 

Thanks 

Comments

  • ReadySteadyPop
    ReadySteadyPop Posts: 1,282 Forumite
    1,000 Posts Photogenic First Anniversary Name Dropper
    Hi all, 

    I am selling my shared ownership property. It is with midland heart. I have paid admin fees to sell. 

    I am now being told I have to pay £450 upfront for the management fees ( £650 for a quicker processing) 

    I don't have 450 just sitting in my bank account. The whole reason I am selling is because I can no longer afford the property due to my changing circumstances. 

    So if a buyer won't sell without it. How am I meant to proceed if I can't afford it? 

    Thanks 
    Can you borrow the money from somewhere?
  • nikkim87_2
    nikkim87_2 Posts: 3 Newbie
    Part of the Furniture First Post
    Not really no. 

    If I could I would have done. 

    Also reading on it 450 is way above the average for this thing aswell 
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