deltrotter
Registered User
- Messages
- 60
Hi All,
Very quick question. I own and live in a property in approx 40k negative equity. I would like to cut my losses and sell up. Do you think it would be possible to do any sort of deal with the bank? My mortgage has been fully paid up to date and I have been paying it in full for the last 10+ years.
Could it be the case that I could pay back the bank the 40k over the remaining term of the mortgage? Does anybody have any advice to offer here? The option of a negative equity mortgage with the lender in question is just not an option (I have done all the research here) and I would not want to take another mortgage with them.
Thank you.
Very quick question. I own and live in a property in approx 40k negative equity. I would like to cut my losses and sell up. Do you think it would be possible to do any sort of deal with the bank? My mortgage has been fully paid up to date and I have been paying it in full for the last 10+ years.
Could it be the case that I could pay back the bank the 40k over the remaining term of the mortgage? Does anybody have any advice to offer here? The option of a negative equity mortgage with the lender in question is just not an option (I have done all the research here) and I would not want to take another mortgage with them.
Thank you.