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NPPR

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  • 17-09-2014 10:09am
    #1
    giri
    Registered Users Posts: 9 ✭


    Hi all, Just a quickie.
    Does anyone know what exactly the consequences are of not paying the NPPR?, I probably owe the 7230 penalty charge (cant afford to pay it). No idea it ever existed till yesterday as I live in Asia.

    I know about the 12 years thing where it stays on the property till sale etc. And from what I understand, the 7230 is now frozen. It cant go up? Am I correct?

    Are there any other implications?

    I couldnt sell for 12 years anyway (too much negative equity).

    Thanks all, it seems nobody seems to have an certain answer on this
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