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Mortgage shortfall and I'm out of the country


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Hi All, Just been recommended this site from a friend so I'm looking for some advice.

We have moved from the UK to Australia and fell into some debt in the UK. Mainly credit cards which have all now been passed onto debt collectors (any advice on these is greatly appreciated, but the main thing we seek advice on is the mortgage) We are in £12000+ of arrears on the mortgage. We originally rented the property to some friends who basically left the property in a bad state, stole from us and owed rent. We have struggled to rent again and have now had an offer from a neighbour which will leave a shortfall on the mortgage of £5k. If we agree to sell at this price will the house be legally his? and will the bank chase us for the shortfall? We are up in court in on the 14th but obviously won't be attending due to the logistics and cost of getting there. We have a friend who is willing to attend court and explain our situation. Will the courts allow this? I look forward to everyones advice.

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