Heya,
I'm trying to help a friend who is a joint mortgagee on a property with their previous partner. They received an email from the previous partner's solicitor recently, asking to leave the mortgage for large sum payment which does not reflect the value of the property - which I advised my friend to ignore. My friend wants to re-mortgage with their current partner. I am currently helping them gather documents and helping them gain Mortgage In Principles. The previous partner and their solicitor have been very pushy and now a 2nd email has arrived with a 'deadline' for next week, despite claiming that the previous partner would like to resolve this 'amicably'. My friend has both verbally and via text message told the previous partner they are doing all they to progress.
Any advice please? . While I am good with mortgages I'm not too sure where my friend stands legally. Should they reply to the solicitor's message or ignore? The previous partner could force a sale if they wanted but surely that would not be costly, time consuming and not of either interest!
Any advice much welcome
mekimbo
I'm trying to help a friend who is a joint mortgagee on a property with their previous partner. They received an email from the previous partner's solicitor recently, asking to leave the mortgage for large sum payment which does not reflect the value of the property - which I advised my friend to ignore. My friend wants to re-mortgage with their current partner. I am currently helping them gather documents and helping them gain Mortgage In Principles. The previous partner and their solicitor have been very pushy and now a 2nd email has arrived with a 'deadline' for next week, despite claiming that the previous partner would like to resolve this 'amicably'. My friend has both verbally and via text message told the previous partner they are doing all they to progress.
Any advice please? . While I am good with mortgages I'm not too sure where my friend stands legally. Should they reply to the solicitor's message or ignore? The previous partner could force a sale if they wanted but surely that would not be costly, time consuming and not of either interest!
Any advice much welcome
mekimbo