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Response to Negitive equity with Halifax

from M Amos (idgroms@hotmail.com)
Julie,

Looks like you're in a difficult situation. I think you should first go to your local CAB on this one and get some professional advice,before taking any other action. Normally you need permission from a building society to rent out a mortgaged property. I tried to do that with mine to save it from repossession, they refused, and now I've got a mortgage shortfall. One other suggestion is to contact local housing associations in the area,explain the situation, and see if they will buy it, there may be a regeneration program in that area. Good Luck.

Mark.

(posted 7999 days ago)

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