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This is about the third question that has not been answered this month. Is there any reason why it has been hard to get a Professional lately?
Many thanks for getting back me.
The valuations have taking place but the trustee is finding it difficult to get redemption figures off of the mortgagee. If I tell the trustees there won't be equity are they duty bound to listen or will they still go ahead and collect the rents?
They are aware I have family and friends to try and buy back the BI.
I presume they want the redemption figures so that they can work out if there is any equity in the property so they can work out the BI. If I don't get the rents in I will be unable to not only not service the rental mortgages but also our home as this is how I make a living.
Family, Friends and investors are certainly not interested in paying in full as this counter acts the reason of asking them to help as the mortgages are on low rates, something I see will not happen again.