I have an apartment under the shared-ownership scheme and I cannot afford to buy out 100% of the apt.
The apt was valued at 230k 4years ago but is now only worth about half that. Does anybody know if the DCC will waive the loss if I was able to sell? or would I still owe the council the balances of the loan? as it was not clear from earler postings whether the council will accept the loss.
Can anybody helf on this please.
Thanks very much
The apt was valued at 230k 4years ago but is now only worth about half that. Does anybody know if the DCC will waive the loss if I was able to sell? or would I still owe the council the balances of the loan? as it was not clear from earler postings whether the council will accept the loss.
Can anybody helf on this please.
Thanks very much