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Im Looking to sell negative equity property and buy down

dulchie83 · 2013-01-17 10:21:42

Hi All, Excuse my lack of knowledge in these case's. I have a 220000 mortgage on a house now valued in the region of 120k -150k(waiting on confirmation). We are looking at a better suited property that is selling for 150k but worth more!! I was out of work in 2007 which left us with some debt which has either been paid off…

17-01-2013 10:21am

#1

dulchie83

Registered Users, Registered Users 2 Posts: 3 ✭

Join Date: January 2013

Posts: 1

Hi All,

Excuse my lack of knowledge in these case's.
I have a 220000 mortgage on a house now valued in the region of 120k -150k(waiting on confirmation). We are looking at a better suited property that is selling for 150k but worth more!!
I was out of work in 2007 which left us with some debt which has either been paid off or consistantly paid last 4 years. Would this stand against us?
Also our mortgage is with Bank of scotland so would we have to go through a differant lender now???

Any help would be grateful

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