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leaving house without a sale?

Posted under Quick House Sales by admin on Sunday 19 April 2009 at 1:26 am

hello there,im looking for some advice basically.my mortgage company have put our payments up by an extra £350 per month.theres no way in hell we can afford that and this house has brought us nothin but bad luck,we cant sell it cause theres so much work needs doing it.weve tried selling to those companies who do quick sales also but they have offered us less than what the mortgage is worth.wer thinking of abandoning it and then just letting them reposess it.is it illegal to do this? and what will happen if they find us? any help really would be much appreciated

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