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Yes, our solicitor is in contact with our creditors solicitor.
The property has been valued by 3 independent valuers.
Our mortgage provider received a valuation of between £250,000 and £275,000.
We had 2 provided to us. First between £300,000 and £325,000.
Secondly a more local agent advised to market it for £395,000. We achieved a price of £340,000 after some negotiation.
The property is being bought by a local consortium who have formed a partnership. As they are from the same village the second creditor has suspicions, possibly thinking we are benefiting in some way without declaring so.