What rights does a lender have when: A buy to let borrower has the let property repossessed and there is a shortfall after the sale?

-- Ian Faulkner (Faulkners@adifferentplanet.fsnet.co.uk), October 20, 2001

Answers

The fact that it's "Buy to let" is immaterial. Your rights (and the lenders) remain unchanged. They still have a duty to sell the property for the best price they can.

Basically all the advice you can get here still applies.

-- Chris (chrsh@hotmail.com), October 21, 2001.