Response to Northern Rock resell high

Dave

They repossessed 3 months ago and the balance outstanding is £36k. The top bid you refer to ..is this an advert for the house asking for £48+ or what???

If the house is sold for £48k you would be entitled to any profit after all the relevant costs are deducted and that would include legal fees etc and of course the £36k.

If the property is just being put on the market, why don't you get a friend phone for a copy of the schedule and then you can check and see how it is being marketed and monitor if they are doing their best to get the best price for the property..which they have a duty to do!

Hope this helps and good luck!

M

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