Caravan Hire Purchase agreement query

[BIGMAN2708]

Hi,

my Dad purchased a static caravan in October 2012.

 

He purchased it for £37,000 with £16,000 of their own funds and the balance on a Hire Purchase agreement with Black Horse.

 

Black Horse being the finance company that the caravan site dealt with.

 

In January he was diagnosed with terminal cancer.

 

He is now looking to sell the caravan as they will need the funds for more important purposes.

 

The Black Horse agreement states that one third of the loan needs to be paid before the caravan can be sold.

 

However, the sales chap at the caravan site who sold them the caravan originally has stated that they can sell it now.

 

I'm not really sure on the legality of this and would appreciate any advice on what we can do to sell/redeem the caravan.

 

Any advice will be gratefully appreciated.

 

Thanks.

[Surfer01]

Although not a static, our touring caravan was on HP with Black Horse and we explained our circumstances to them asking permission to sell due to financial constraints. We accepted that if there was a shortfall we would be liable. Ac count had no arrears and was 100% up to date. They gave permission and we sold the caravan paying BH the difference. No issues and everything went smoothly. Try phoning them and speaking with some one.