Advice please re secured loan

SuzySu

I have posted on the House Selling thread as this relates to selling our house, but was also advised to post here as different people read this thread and might have some different advice.

Short story: we have accepted an offer on our house (which was on the market for £275k) for £260K. The problem is, although this should pay off our mortgage (£198k) and secured loan (£57k), it won't leave us enough to pay our EA (£2,600), solicitor (£1,000), HIP (£500), moving expenses (£???) and rent up-front (approx £2,500).

Does anyone know what I can do as we have already turned down one offer on our property a few weeks ago. The EA has advised us to accept this offer in light of the present climate. We have not been making the full mortgage payments each month and so are looking likely candidates for repossession in any case.

I have called the loan company (Picture) who say they only deal in secured loans and we must put our case in writing, including all paperwork, income and expenditure statement, recent payslips etc and they will consider the matter.

I have also called the mortgage co (D Line) who say they can't even give me a redemption figure as we are in arrears and so our solicitors must contact their solicitors to request this and this will mean extra expense which we cannot afford.

Any advice at all would really be appreciated.

Thanks