Thank you Mark for your reassuring words. Had to check, but I understand the subrogation point. I doubt anyone pointed this out to me at the time I was added re MIG; of course if I was ever added. The Mortgage Deed is definiately the sticking point with lender at the moment but I keep asking! No money judgement order was obtained. Although court proceedings were issued; following their solicitor's advice re rehousing - we did just that and returned keys. I don't know if it actually ever went to court; looking at the SARN info it appears not but have SARNed Solicitors for additional info!(posted 7705 days ago)No the solicitor did not put the lender to strict proof back in 1987; asked some questions, got a response and accepted what was said. We raised a number of issues but whether they were taken up, who knows? One included that we had received an offer slightly below the asking price that had been turned down by the lender's solicitor. The solicitor response "the court may well consider the point but it is doubtful whether it would reduce the overall debt. If the Building Society were entitled to take action as we believe there were, then providing that was not unlawful then again the logic seems to hold little sway" "...But we are dealing here with legalities and not logic or necessarily business sense". And also with regard to what amount they were looking for (their response) "It is my understanding that the Building Society will pursue the full amount". Very helpful advice wasn't it? It is interesting that none of the correspondence between the solicitor acting for us and the lender is actually included in the SARNed documentation; our correspondence with the solicitor is very limited. Should I go back to them for this? and, if so, how? Ask or SARN again?
One last point, have offered them £1250 (in addition to what has already been paid) - no go. They want £5k lump or £7.5k by instalments.
Any comments greatly appreciated!