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Handing Back the Keys!

from Mark Mckenzie (mrkmckenz@btinternet.com)
Hope someone can help me, a year ago we bought another house and started renting out the flat we had, This flat was on the market for 3 years and has had only 3 poeple looking, since then we have had trouble renting out the flat and we have had a baby, we've been keeping up the payments but know the wife can't work her normal hours and only doing part-time, If we hand back the keys to the bank can after selling the flat, can the bank make us sell the house we have to gain access the money in the house?

If we change the deeds to each others name ,one owns the flat and the other the house can this protect the house?

Hope someone can help

Mark

(posted 8044 days ago)

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