Response to unreasonable lenth of time before sale of property

Lee,

First have a look at the answer in the previous posting "halifax-sarn info". Furthermore, although the CML state "The lender has a legal duty to sell the property for the best price that can reasonably be obtained." I understand that the law regarding this "Schedule 4 of the 1986 B.Soc.Act" was repealed. Please correct me someone if I'm wrong. My non professional advice would be to follow the advice on the repo site, send out SARNS, ascertain whether your property was sold for a fair price ,whether an MOJ was issued etc. Find out too,if you can,what they did with the property for 3 years. Don't forget that they still haven't legally decided when the time limits run from or which one really applies. Good Luck.

Mark.

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