Don't hand your keys back, if you can sell then please sell. You are more likely to sell it more than your lender. I actually had a buyer for my property for £50K but the bank refused to sell and took a possession order. Nine months later they sold it at an auction for peanuts, £18K. And now they are pursuing me for the shortfall. This would not have happened if they had let me sell the property for £50K at that time.(posted 7970 days ago)