I have a buy to let mortgage started in 2005, on a new property. It is coming to an end in November 2012, I thought it was 2013. It has been on the market since February with 1 agent then in July 2 agents and just now a third agent. I have been told I have to drop the price BUT!!! that is what I owe. The mortgage co., will not let me extend the time on the mortgage or at least they are not saying. I am 70 yrs of age and my husband and I bought it thinking we would keep it for a couple of years then sell hopefully earning some money towards our pension Then the market collapsed so we decided to keep it longer My husband passed away in 2009 of multiple cancers and I have carried on never defaulted in 7 years. I have no savings so I cant drop the price Can someone give me some sound advice Cheers Dotm
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