Mortgage Possession Legal Guidance
Summary
If a partner passes away, check for life insurance to cover the mortgage. Review the mortgage contract for death-related clauses. Communicate with the mortgage lender to explore options. Consider consulting with a local real estate attorney for personalized advice.Full Conversation
Scolisitor and building breached data info are proposing to seek possession of partners died buy tolet mortgage house no money for house no assets
Hi ****! It sounds like a complex situation with the buy-to-let mortgage. Here are some general points to consider:
- If your partner passed away, check if there was any life insurance that could cover the mortgage.
- You may want to review the mortgage contract for any clauses related to death.
- It's advisable to communicate with the mortgage lender to discuss options.
Would you like assistance in connecting with local lawyers who can help you further with this issue?