We had a shared ownership flat which we had volountry repossed in 1993 due to over crowding. THE Abbey would not let the sale go ahead as there was negative equity of about #1500. They would not let us borrow this on top of the mortgage we wanted in order to buy a house.(posted 8555 days ago)We could not get a loan from anyone else.
They have made all kinds of threats ad write to us every 10 months or so with slightly different threats. We are now in a council house and have repeatedly told them to take us to court. Does anyone think they eventually will. They know I am working partime and that my husband is self employed, I just cant be too sure that they are not just scare-mongering us. We have just recieved the new policy statement.