Buying out clawback on AHI

P

patty

Guest
Im wondering if theres anyone out there whos managed to buy out their clawback for a lower amount now that market prices are dropping? I understand that the council absorbs negative equity up until the market price hits the affordable price.

Are there any rules about buying the council out, like a minimum time spent in the home? And would I need to let my mortgage company know whats going on?

It would be great to get some feedback from others who have bought out the council!
 
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