ptsb sold my performing buy to let to Mars

Skelly100

New Member
Messages
1
I find myself in this group.
Just been notified by Ptsb that they are selling it to Mars in the next two to six months.
I have a buy to let, interest only, tracker, no arrears and 7 years left on the term.
It's a hangover from my divorce.
Mortgage is in both our names.
I would happily sell. Though I think it fall short by about 60k.
No cooperation from my ex.
Wondering what to do.
 
Why do you want to do anything?

What rent are you getting?
What mortgage interest are you paying?

I assume it's profitable, so keep it while it is profitable.

Mars is more likely to do a deal with you than ptsb. Having said that, if you are paying the mortgage and you have other assets, they are unlikely to do a deal.



Brendan