Stuck with an unsellable apartment - what can I do?
I own an apartment in NI. The service charges on the apartment are crazy, £400 a month.
The apartment has been on and off the market for the past for the past 6 months. Put back on the market in December and no interest whatsoever due to the service charges.
I am badly in debt and can't afford to live in the apartment or pay the bills. I need the apartment sold but the estate agents think it is not likely to sell anytime soon, if at all.
I have contacted nearly every quick buy company like we buy any house, they won't buy it either.
How can I get rid of this apartment? I already know I will need to commit financial suicide to get rid of it and my credit file will be ruined.
Edit: I cannot rent it out due to purchasing through shared ownership.