Jump to content


Reposessed and I still own the house?.

style="text-align:center;"> Please note that this topic has not had any new posts for the last 2475 days.

If you are trying to post a different story then you should start your own new thread. Posting on this thread is likely to mean that you won't get the help and advice that you need.

If you are trying to post information which is relevant to the story in this thread then please flag it up to the site team and they will allow you to post.

Thank you

Recommended Posts

After a failed business in 2009 I had unsecured debts attached to my property then in August 2011 the property was repossessed.

Now I have got my head out of my backside after the divorce (yes kicked me when I was down) I find some strange things are in place.

We had equity of about £35K and this is still held by the banks solicitor because although someone has moved into the house the debts have NOT been paid and as of 10:10am today I’m still with my wife the registered owner of the property. Now the debts in my name where about £20k and the ones in my ex-wife’s where about £7k (inc an interim charging order dated 26 Jan 2010).

Now I have a list of CCJ's and a list of the charging orders and I have requested what money is owed to my EX wife to be sent to her and the debts paid off but this is still not done and has been in limbo since August last year.

All the details I have are from this morning so I don’t think they would be out of date?.

Any help.



Share this post

Link to post
Share on other sites

Hello there.


I'm sorry you haven't had any replies yet. I've flagged your thread for the site team to see if anyone can help.


My best, HB

Illegitimi non carborundum




Share this post

Link to post
Share on other sites

Who instigated the repossession ?

Have we helped you ...?         Please Donate button to the Consumer Action Group


Uploading documents to CAG ** Instructions **


Looking for a draft letter? Use the CAG Library

Dealing with Customer Service Departments? - read the CAG Guide first


1: Making a PPI claim ? - Q & A's and spreadsheets for single premium policy -


2: Take back control of your finances -

Debt Diaries

3: Feel Bullied by Creditors or Debt Collectors?

Read Here

4: Staying Calm About Debt

Read Here

5: Forum rules - These have been updated -

Please Read





2: Does your Bank play fair - You can force your Bank to play Fair with you

3: Banking Conduct of Business Regulations - The Hidden Rules

4: BCOBS and Unfair Treatment - Common Examples of Banks Behaving Badly

5: Fair Treatment for Credit Card Holders and Borrowers - COBS




Advice & opinions given by citizenb are personal, are not endorsed by Consumer Action Group or Bank Action Group, and are offered informally, without prejudice & without liability. Your decisions and actions are your own, and should you be in any doubt, you are advised to seek the opinion of a qualified professional.



Share this post

Link to post
Share on other sites

What's not clear from your post is why the bank is holding onto the money...presumably that money is from the sale? If so, who conducted the sale? Why haven't the purchaser's solicitor carried out their work effectively? To release money and exchange contracts without proof that the charges on the house will be discharged is neglectful.


You have no choice but to contact the bank and ask what is going on, as if the property was subject to a possession order and sold on that basis, one presumes you had no involvement in the sale, and therefore no solicitor involved? The alternative is to instruct a solicitor and ask them to find out what is happening. Incidentally, just because you think you had 35k of equity, doesn't mean that there was 35k of equity when the property was sold after the mortgage took their share (plus costs) - this may be the reason the other debts haven't been paid.

  • Haha 1

Share this post

Link to post
Share on other sites

  • Recently Browsing   0 Caggers

    No registered users viewing this page.

  • Have we helped you ...?

  • Create New...