This situation has reared its head again
Friend had such luck (through my efforts) at the start of the year to get the bank to clear the service charge debts and add them to the mortgage. Friend ended up having a slightly larger mortgage but at really low interest rate. And the freeholder got their service charge money.
But friend has had head in sand all year. And has now failed to pay the bank one payment all year!!
It is so infuriating. With costs, friend now owes apx £1500.
So the bank re-opened the original claim of the freeholders - which they paid off - and have now got a Judgment against friend. With a repossession hearing in a few weeks....
The value is apx £1.5m. The mortgage is like £100k. (About £100/m). Now Judgment for owing £1500 on a £1.5m property.
I have been telling friend all year to make payments. Now friend really needs to make a payment. Still absent overseas.
Additionally - another set of service charges are due now
I won't let these people take the property - but I don't know how to help.
I told friend to pay the mortgage and ask the bank to pay the service charges again. And in the meantime find a better solution - such as selling an asset. But nothing has been done at all in the last 9 months.
Any good suggestions?
moved you to the bh forum
plenty to read here:
https://cse.google.com/cse?cx=partner-pub-8889411648654839:3134625398&q=brighthouse sold item&oq=brighthouse sold item&gs_l=partner-generic.3...7889.15692.0.1618.104.22.168.0.0.0.113.1591.20j1.21.0.gsnos%2Cn%3D13...0.7807j5246289j21...1.34.partner-generic..21.0.0.jn7G89f5l50
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!