Do building societies ever reimburse? : LUSENET : Repossession : One Thread

My house was repossesed eight years ago, and it was sold for twice the amount borrowed. What happens to the equity that i had built up in the property? I have never heard from the building society since, should I have received the excess cash made from the sale of the property?

-- Joy Farquharson (, June 14, 2000


Theoretically, yes. Though you might expect them to retain costs, etc.


-- Lee (, June 16, 2000.

They owe you money -go after them see a laywer ASAP and please let us knowwho the lender WAS -reply on this Public Board -there may be others out there-who are being chased for a shortfall or who are owed money by the same lender

Charles Twford

-- charles twford (, June 18, 2000.

Moderation questions? read the FAQ