Hello,(posted 8175 days ago)i hope i can get some help here..
I and my now EX wife) got a mortgage on a third floor flat in 1988, in 1993 i was unfortunately involved in an industrial accident and have since been disabled (lower spinal damage) in 1995 me and the now ex wife were blessed with a child, the health visitor demanded the council rehouse us.. (start of hassles)
i went to Nationwide and discussed our options.. they wouldnot help us in anyway but suggested we hand in our keys and take volantary Reposession. i asked about costs and was told it would cost us "about £1000" this was a MAJOR factor in the decision to return the keys.
hence we moved. in 1998 my now ex wife walked out leaving me to bring up our daughter. in 2001 i was contacted by eversheds about the mortgage and a debt of £25.5K
what i want to know is.. is there anyway (as the £1000 comment was verbal in a meeting with the BS) i can hold them to this sum..
i was also told on the Phone by eversheds that the flat was sold "for a nominal sum" not how much but i thought they HAD to seek market value (would have been about 16K from a 29K mortgage) they also got a 7 year old Endowmnt to cash (worth about 2.5k) and the MII (mortgage indemnity insurance) but after paying the extra 1% and sold it as a MII i've now been told they dont do MII and i payed for something else??
i am getting VERY depressed, i am a disables lone parent living on Benefits (and thats VERY tight).
i dont (and although i have filled out a SARN) acknowledge this debt (have said same to Eversheds who claim i have by speaking to them).
Please someone help me sort this mess out???
I have after 8 months of silence (and thinking they was going to leave me alone) just received another letter from them giving me 7 days to respond (this is to make it hard to get advice??) do i HAVE to respond in 7 days?? i thought the minimum time limmit allowed was 21 days??
Mark