I am unable to work due to my health, I am struggling to pay my mortgage, I am not having any luck with sellin
I am on benefits and have a mortgage, the DSS will only pay the interest on the first 1/4 of mortgage, because all those years ago when I first bought, my original mortgage was for £22,000, my mortgage is now £76,000 and I have to make up the shortfall plus I had to get a £10,000 loan secured on my home to deal with repairs to my home. I am barley exsisting. I have mamaged to keep my head above water but the final straw is the Gas/Electric suppliers, even though I have been in credit, want to put my monthly direct debit up from £42.00 to £70.00. My house is up for sale but after buying the waste of paper HIP for nearly £400,00. I have had no luck. I am not going to earn any money out of the sale because, I owe so much to my family over the years for helping me pay my way. Any suggestions? Does anyone know if there is anyone I can go to, to get help?
I’ve sent you an email, my friend. I’m only too aware of what you are going through (see my 360)
I’ll keep in touch .. .. if you like you can mail me, the best ones to give advice are the ones in the same boat who have been through the channels already and hit a brick wall .. one of us could save you a little time and worry so …heads up.
One thing I can assure you …WORRYING will do no good so STOP IT… trust me…once you stop worrying it doesnt make the debt go away ..it does though clear your head of garbage and allow you to think more positively… the calmness with all the surrounding debt seems almost a sin but believe me that’s exactly how it can feel…. so ….as panicking does no good, BELIEVE that the answer will come ..and it will…
Taking in a lodger may bring income but by doing so you will lose benefits and my guess is with your “improvement loan” taken into account, you would be no better off.. ..
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Jibs echoes what I’ve told you previous in my email and so does Andrew… a problem shared my friend …. hang in there.
Tags: secured loan shortfall