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Have Shared Ownership flat, need to sell before repossessed

0 replies

Coffeebean18 · 12/01/2018 12:31

Have Name changed.

Basically have a 2 bed Flat I pay mortgage on 75% and rent on Housing Association part.
I was made redundant whilst pregnant. Family been paying mortgage etc.. but have built up some arrears.
I have wanted to sell up for months but I need to take lease extension on flat which is costing over £1200.

Can anyone advise do I need to extend lease? Can I not sell at lower price? Flat valued at £300.000

Mortgage lender handed my account over to solicitors who want to put payment plan in place but I just want to sell and be rid of place.

Any advice please Confused

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