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WILL MY HUSBANDS HOUSE BE USED TO PAY THE DEBT

from debbie derham (ddebmaryk@aol.com)
I have a repayment mortgage with the Halifax for £26,000 on a flat worth £9,000 thanks to Telford & Wrekin Council!! (long story) I want to sell the flat under the "Power of Sale" scheme offered by the Halifax, as the flat has been empty for 5 years now, and I live with my husband in our new house. My concern is, can we be forced to sell our new house to release the equity to repay the shortfall on the flat. The flat mortgage is in my name and the house is in my husbands. Both mortgages are with different lenders.
(posted 8439 days ago)

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