tbirdo post 30th august
Hi there sorry to hijack your thread, I thought my thread might be of interest to you. I was also in dealing with idem Dca
Hope this helps
another successful thread to keep you busy 👍
Well - friend still has empty property 🙄 in the uk - but has not been here for years... Won't rent them out. Has a very low interest mortgage. And when bank added s/c on to mortgage start of year, this was the cheapest and best solution for friend. Mortgage does expire in a few years though...
I have suggested buying share of fh and removing the onerous annual s/c But an asset would have to be sold - and in this poor sales market friend refuses....
Is your friend still a UK resident. If so he may be able to get a Lifetime Mortgage to replace the current mortgage and raise enough for the outstanding fees, and also receive an income that could pay the annual service charges. Would have to come back into the UK though.
Don't touch them owe me £500 since January 2019 make excuse after excuse. Seem they always have software problems sending money out. Keep saying they will call back or email nothing been chasing it now for 6 mths the phone staff always have the same banter we will chase it up and get back to you then nothing!