Showing results for tags 'negative equity'.
Found 3 results
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Hello, this is my first thread, so apologies in advance for any mistakes made. I am currently in a re-mortgage quandary with my property. it is my first home and I took out the mortgage, through a broker, with G MAC. I had not repaid small debt on time as a teenager and had no credit since and as such had a poor credit score. the property I purchased was worth £107,500. on the fifth Oct 2007. I did not need a deposit as I offered the seller £98,000 the equity was to be my deposit, I think this was referred to as a ''vendor deposit'' or ''gifted deposit''? I was repaying around £5 -
OK so im a little unsure of all the facts here but i will state what i know and hope someone can give some information to help. I am living with my civil partner and am nearly 23 weeks pregnant, we also have shared residence of her children from previous marriage. She used to reside with her ex who had shared ownership of the house and both names were on the mortgage, now they had some work done on the house which was unsatisfactory but to cut a logn story short they ended up in court and the builder was granted a judgement which then was turned into a final charging order for £7,590 whic
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I have a property with my ex partner which has been solely funded by me. The deposit was raised from equity released from my previous property and I have solely paid the interest-only mortgage for 3+ years now. The property cost 400K, and is now estimated to be worth 300K. He has been living in the property since we split, 6 months after buying it. I live in a different country with my parents and our young son. I have not received any child maintenance from my ex. I have not pursued this through the courts, as he has never worked and as I understand it, I’d only be entitled to 11% of his sala
