I bought a flat a few years ago, but over time got into serious financial difficulties, resulting in CCJs and eventually additional charges being placed on the flat. So on the flat I’ve currently got a mortgage, an additional borrowing loan and two further charges. I’ve been repaying what I owe to the two companies that have the charges (and maintaining the mortgage and loan payments), making monthly payments for over a year now, but is there any way I can sell the flat while its sale price doesn’t cover the amount of all that is secured on it? The sale price would cover the mortgage and loan, but not both of the charges. The alternative accommodation I’ve been offered (sharing with friends) would lead to smaller outgoings, which would enable me to pay back that what is owed in larger chunks and so much quicker.

I’m in better control of my finances now and am determined to pay off all that is owed!!!!

Thank you all for your help.

Passive Income

are these deals a good idea or are there any bad points? thanks.

Quick Property Sale

so my employer is my landlord also and he automatically withdraws my rent from my check and he withdrew too much one month do to the fact we got 3 checks in that month… and now he refuses to give it back can i do anything about it?

Rent Back

I need some quick money but do not want to sell it. It is a 3 month old Dell 22 inch flat screen. Could I get $75-100 for it?

Rent Back Fast

I have a tenant who is on a house arrest program in Utah. If he is nearing 2 months past due, I know I can service a Notice to Pay, but after that can I legally call the deputy to have him put back into jail for unpaid rent?

Rent Back

What do I need to do to get Houston’s government to use some of that stimulus package money to repair a broken sewage pipe near my apartments?
I mean it’s a trillion dollar package, I’m sure they have enough for this much need infrastructural project, so how can I make this proposal a reality?

thanks

Quick Property Sale

i wasnt planning on moving out, but i found a great apartment a week before the end of the month..so i told my landlord i was moving out. i didnt owe him any past rent and when i moved in i gave a last month’s rent..since i didnt use it, do i get that money back?

Rent Back

when i plug my cable wire to the back of our new tv, our building is so old, that the entire apartment blows a fuse. we have figured out that its because there is no ground wire(wiring?) Is it the property managementsh responsibility to fix this problem or the electrical company?

Quick House Sale

Hi! I own a ground floor flat that I have been renovating and plan to sell shortly. The property was almost finished when we discovered water pouring down the walls from the rented flat above. After speaking to the tenant we saw that the bath was not sealed adequately and they have been showering with no curtains etc… the floor was soaked! At the end of last year more water poured down the walls this time from the kitchen. I wrote to the landlord to tell them that these repairs needed to be carried out and I required confirmation of this. Since then I’ve heard nothing and have re-written informing that any future damage caused would be deemed negligent due to ignoring my requests. Needless to say nothing was done and now the whole place needs redoing. I can’t get in touch with the landlord by phone and the letting agent is proving useless. I just want to get the place fixed so it doesn’t happen again - what are my rights and how can I go about acheiving this? Again advice welcome!

Rent Back Fast