becky_1979
Registered User
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- 32
I am looking for any opinions on this, I really want to sell my house, but house is in negative equity, I bought in 2008, Mortgage is with UB, outstanding mortgage is 164,000, and I would be lucky to get about 110,000 for house now. Are any of the banks allowing people to sell & convert the remaining mortgage into a loan? I am desperate to move out of this house & renting it out would not be an option as the rent received would only cover half the mortgage repayments. Any advise greatly appreciated.