Thanks to all -useful info and links. Now have an excellent street wise solicitor on board.

Thanks dx100uk - what exactly does SAR stand for?

Hi everyone - I have an interest only mortgage made up of several loans (totaling approx £225k) the largest of which (£90k) finished its term about 8months ago. Bradford and Bingley sold me to Engage credit about 18mts ago. The endowment was cashed in about 10 years ago as a bad performer I used the money to pay the mortgage during a difficult time. B&B were aware of this but were happy to allow me to sell the property to eventually redeem the mortgage. At the end of term, Engage allowed me 6 weeks to get the property on the market and it has been ever since. My estate agent has been diligent, we have priced the property carefully - we have had viewings but as yet no buyer. We are doing are very best to sell , we have no arrears and Engage have seamlessly been collecting the monthly interest. My wife and I are both pensioners in our 60s with no chance of remortgaging - we are desperate to sell at the reasonable price we want - to acquire another smaller property mortgage free. I understand that Engage could start repossession proceedings any time. I had a phone call yesterday telling me that they had been very patient (even though they were collecting the interest) and my case now needed to go before management for a further decision. What are the chances that, if it comes to it, the County Court will allow me an extension to sell the property? Can Engage really want to chuck a couple of pensioners out on the street -could that really be part of their corporate manifesto?