Manchester Community Transport

[Mayneway]

RE: Manchester Community Transport

(19/05/2020 17:09)Mrboo Wrote:  And that my point if CT don`t want them and they could get far cheaper then market rate who going to pay market rate so they be better just handing them to finance people and they have not. So they may still want them for a reason.

All the assets have been seized by the administrators. HCT don’t get to say what they get sold for as the finance was secured on them before HCT became involved.

If you default on mortgage payments for your house and the bank repossess it, and they decide to auction it off rather than sell it conventionally you don’t get to tell the bank how to go about it. They take it off you and that’s it.