rebelrouser
Registered User
- Messages
- 1
I was a single mum and bought an af house in 2008.
After i bought it I met someone and have got married since.
When i got married we contacted the solicitor to get him to let the council know that i had married and that i wanted to sell the house.
I moved into my husbands house as it was larger and we are now expecting a baby also. my own house is a 2 bed so not practical With 2 kids and 2 adults .
When i bought the house its mv was 310k and mortgage is 185k. clawback is 33% approx. Its now valued at 225k so it has dropped in mv since i bought it.
The council replied to the socilitor saying that they were looking for the full market value of the house so after selling it we will now have to borrow 50k to pay back the council. this isnt an option for us as husband has large mortgage on his house.
We are now paying 2 mortgages and living in one house. I have had pay cut this year already and husband is on short time in work for some periods and there are talks of redundancies.
The solicitor has told us that he has contacted the council 5 times to negotiate the clawback but they have not got back to him. its now going on 6 months now and too be honest solicitor is very slow to follow up.
Has anyone any suggestions on what we should do. can you negotiate reducing the clawback or even negotiate renting out the property until such time as the value goes back up.
After i bought it I met someone and have got married since.
When i got married we contacted the solicitor to get him to let the council know that i had married and that i wanted to sell the house.
I moved into my husbands house as it was larger and we are now expecting a baby also. my own house is a 2 bed so not practical With 2 kids and 2 adults .
When i bought the house its mv was 310k and mortgage is 185k. clawback is 33% approx. Its now valued at 225k so it has dropped in mv since i bought it.
The council replied to the socilitor saying that they were looking for the full market value of the house so after selling it we will now have to borrow 50k to pay back the council. this isnt an option for us as husband has large mortgage on his house.
We are now paying 2 mortgages and living in one house. I have had pay cut this year already and husband is on short time in work for some periods and there are talks of redundancies.
The solicitor has told us that he has contacted the council 5 times to negotiate the clawback but they have not got back to him. its now going on 6 months now and too be honest solicitor is very slow to follow up.
Has anyone any suggestions on what we should do. can you negotiate reducing the clawback or even negotiate renting out the property until such time as the value goes back up.