Hi all,
I'm just looking for some more advice please - I'm so so sorry if you are all sick of me and this - I am very sick and tired to the bone of it myself. (Earlier thread is here)
As mentioned above, and as Brendan has pointed out on his post about our situation, I said, by the end of this year (being 2012) I would hand back the keys (this is really getting crazy altogether now). I've been reading if I hand back the keys that before doing this I need to get a letter of unsustainability from the lender in order to get rent allowance/supplement (whatever it's called).
The only real correspondence in the last few months has been for me to come up with a proposal to them. I have a couple:
Hand back the keys if they put in writing that they will write off the shortfall (at this stage we are talking 130-160k
Or I'll try to sell first (I have offered this numerous times) and their reply is to talk to their solicitor if/when I receive an offer (I then asked them following this - if I got a sale price less the mortgage balance would they agree to this being full and final settlement - I have never got a reply to that)
Last option is to ask them to write down the mortgage balance to approx 100k
They seem now to be sending generic letters from the same girl in their legal dept asking me to come up with a proposal - these are my proposals - I don't know whether to write this back to her or to just literally ask her straight out - what instead are their proposals to sort this all out?
What would you guys suggest? Just ask her straight out - what are their proposals or what?
Sorry again - this is still going on and on, my life can't move on, we are stuck in limboland - the sad part is I really just don't care any more about it all....I used to - I used to have my principles, I used to have my morals, I used to have my integrity - but that has now all gone out the window - any advice, if I should reply with my proposals as outlined above or should I throw it back to them instead, and ask them, what the hell are their proposals??
Thank you all - again.
Coleman
I'm just looking for some more advice please - I'm so so sorry if you are all sick of me and this - I am very sick and tired to the bone of it myself. (Earlier thread is here)
As mentioned above, and as Brendan has pointed out on his post about our situation, I said, by the end of this year (being 2012) I would hand back the keys (this is really getting crazy altogether now). I've been reading if I hand back the keys that before doing this I need to get a letter of unsustainability from the lender in order to get rent allowance/supplement (whatever it's called).
The only real correspondence in the last few months has been for me to come up with a proposal to them. I have a couple:
Hand back the keys if they put in writing that they will write off the shortfall (at this stage we are talking 130-160k
Or I'll try to sell first (I have offered this numerous times) and their reply is to talk to their solicitor if/when I receive an offer (I then asked them following this - if I got a sale price less the mortgage balance would they agree to this being full and final settlement - I have never got a reply to that)
Last option is to ask them to write down the mortgage balance to approx 100k
They seem now to be sending generic letters from the same girl in their legal dept asking me to come up with a proposal - these are my proposals - I don't know whether to write this back to her or to just literally ask her straight out - what instead are their proposals to sort this all out?
What would you guys suggest? Just ask her straight out - what are their proposals or what?
Sorry again - this is still going on and on, my life can't move on, we are stuck in limboland - the sad part is I really just don't care any more about it all....I used to - I used to have my principles, I used to have my morals, I used to have my integrity - but that has now all gone out the window - any advice, if I should reply with my proposals as outlined above or should I throw it back to them instead, and ask them, what the hell are their proposals??
Thank you all - again.
Coleman