30 Jan 2013 10:15 PM:
Hi, my Mother and I purchase a property some 7 years ago almost, I lived in Spain for a while but returned to UK after a great job offer. We now want to sell the property but know it will be very hard, there is approx 30-50k profit in the property currently.
We are stuggling to make the high repayments, 3 times what we first were paying and both have UK properties with mortgages on, what would happen if we just stopped paying and sent keys back to bank legally?
We have tried to contact the bank, who simply say we do not want your property back, or ignore all emails, we have not had a response now for many months, any help is useful as we cannot continue to pay for much longer
Thread:
Legalities for handing back properties in Spain 2013
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