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T O P I C R E V I E W
carol1449
Posted - 28 January 2009 : 18:47:44 there is no equity in my home. What happens to the mortgage if a friend or relative makes the offer of a £1 to the OR. I'm sure I've got this mixed up in my own mind. Does the friend or relative then have to take over the mortgage?
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movin on
Posted - 28 January 2009 : 20:54:28 Hey Carol and welcome to the forum
One the beneficial interest has been bought, then it is still your responsibility to pay the mortgage not your friend or relative.
Jenny xx
Onwards and Upwards is the way im going :-0)
From "Moneyworries" to "Movin On" in 3 months is fantastic :-))
