Response to Halifax shortfall - anyone heard of Target Professional Services?

I think you probably have to draw things out for quite a while longer before you contemplate making offers Lisa. Make it hard work for them and they will hopefully be more willing to settle if you eventually decide that you can't reject their claim for other reasons. It seems that the only way people who have managed to achieve closure in these cases have done so is by eventually filling in an I&E form or giving some details about (low) income. I guess it depends on where you stand. Most of us would like to move on and a lot of us have hopes of owning property again, since this is the only realistic aspiration for many people in the UK. Unfortunately the lenders are very unimaginative when it comes to dealing with people who are very often the victims of outside circumstances. Hundreds of thousands of people lost their property not as a result of poor household management, living beyond their means etc., but because of the incompetence of the Tory government and the debacle of sterling's exit from the ERM. Rather than admit that this was a catastrophe on a national scale, the lenders fall back on their rights under law and treat all these cases as though the ordinary individual mortgagees were totally to blame. That is, it was our fault that mortgage interest rates went to 15%. Why don't the lenders take a more constructive view? Why not try to help us get back on our feet instead of lying in wait until we have struggled back upright to come and blow us back down again? Why not help people who were repossessed purchase property again and allow them to repay the previous shortfall progressively while allowing them back on the property ladder?

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