We live in a shared ownership house, 40% us, 60% housing asso.
We bought the house in Jan 2007 and we have been in negative equity ever since as the houseprice dropped with the credit crunch. I have two young children under 5 and we don't own a car.
If we were to go bankrupt, would we lose our house? We have never missed a morgage payment and we would certainly keep up all mortage payments in the future.
Any help or advice would be greatfully received