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Response to Mortgage Shortfall Limitation -12 years or 6 years ?

from Chris (chris@anon.co.uk)
Hi Guy,

Thanks for that. My solicitor advised me that due to the fact she has now re-married and he is no longer responsible for her financially this does not apply. Also if he were to make a settlement payment (which he is adversely fighting), as in the case of a friend of mine, they would continue to chase his ex-wife and would not take this as settlement on her part. Therefore we are sticking, and seem to be winning, to the 12 year rule. We can but hope!!

(posted 7927 days ago)

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