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givenup2012

Living in USA permanently, voluntary repossession of property in UK?

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Hello fellow people,

 

I have a situation, I live in the USA now permanently, and don't want to keep my UK property anymore. I can't afford to keep sending money over, it's killing me. It's in negative equity, so I'm considering voluntary repossession and handing in keys. I'm sure it would damage my credit in UK but this shouldn't affect me really.

 

Does anybody know how this would go down? Or anything I should consider or be aware of?

 

Thanks,

-givenup

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