National Home Loans!*$*!!**$!

I am being pursued by this company for an alleged shortfall debt of £7115 (after MIG paid up £9458). To cut a very long and from reading other cases on this site, very common story short, my ex and I gave back our property voluntarily in 1993 because we had to move North due to work committments. We bought the property for £38,000 and had recieved three offers for the property within ten months first for £31,000, then £32,000 then £30,500. Our Estate Agent had valued it at £33,000. All buyers lost interest because NHL took months to answer our request to sell with this shortfall. I have had SARN papers and going through them I find that there were several valuations made, all giving different figures - the best being £33,000 the worst being £27,000. There is nothing concerning there reasons for not replying each time we had an offer and one valuation report at the time we were offered £30,500 stated quite clearly to them that the best price our property could reach without repossession was £32,000 but after repossession it would be reduced to £29,000. There was a note on file (from someone) requesting that given this information, they should let us sell NOW! This never happened and we eventually handed back the keys because of there indecisiveness and taking so long to make a decision (some ten months!)that we lost three purchasers!!! There is a copy of a letter to NHL from the Estate Agents we employed telling them that they believed £32,000 was the absolute best price we could get for our property (THEY WERE RIGHT!), yet NHL still didn't allow that sale to proceed. They marketted my property for £29,950 as advised by their EA's valuation given that it was a repossession. They eventually sold it for £27,500. I'm guessing from what I'm reading that they quite obviously blundered??? I'm no legal expert but why the hell should I offer them anything at all? Am I safe to call their bluff and say GO AHEAD... MAKE MY DAY... SUE ME?

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