What deal do you think would be possible that would mean I don't have to buy house?
Thank you for your reply. I can't post her details, sorry. The question is related to me.
The house is about 180k in negative equity taking into account recent price increases.
This proposal does not sound at all like a good idea for you. Are you being pressurised into it.
Would it not be better for her to go fully bankrupt, ideal time now as she is on below minimum level and clear all debts and start again. You could help her with the deposit maybe.
What is the logic in her keeping the house?
It's unfortunate you do not post her details as without the full picture you will not get proper advice.
If there is considerable negative equity in the property (no information posted on this)
Of course I'm under pressure but that is not the point.
We have had too many parents on here over the years in trouble precisely because they were put under pressure, or put themselves under pressure to put a roof over their children's heads.
Paradoxically there are many children who wished their parents had never helped them onto that ladder.
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