Scared to buy retirement flat.

I had loan (£30,000) on the value of my property (£42,000)with Nationwide B.S. in around 1990 and could not pay the mortgage. My home was repossessed the following year and sold for £15,000. I next heard from the lenders in around 1995 and was still unable to repay the loan and had no assets. I am now a pensioner and am able to buy a retirement flat, but am scared that the debt would be chased and that I may lose my home as a result. I have telephoned the Nationwide, but they say that they have no record of my debt. They will not put this in writing. Can anybody tell me how to find out if the debt is still owing. Should I go to a solicitor or some other person for advice.

[ Previous | Next ]