Mortgage Express – UKAR – end of term on buy to let mortgageMake Text Bigger
My mum has come to the end of the term of her mortgage with Mortgage Express.
The loan is £100,000 and realistically the property would only sell for about £75,000 max.
The term ended in March 2015.
Has anyone any experience with a buy to let mortgage coming to the end of the term with Mortgage Express or those that manage in now UKAR?
She hasn’t got the money to pay the shortfall.
Is there any other option other than them repossess the property?
Any advice appreciated.
Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.