30-07-2013, 01:36 PM
1
mortgage woes
after being on interest only payments for a period of time the building society have now re instated my repayment plan...I have renegotiated and shaved a lump of by extending the repayment term but I am still going to struggle....do have any options left open to me as I don't think the B\S will flex any further.......PS If I get through the job interview on Monday and get the job then problem solved and I will be in 7th heaven
31-07-2013, 07:16 PM
5
Re: mortgage woes
This unemployment seems to be lasting a long time, it must be nearly two years now that you have been looking for a job..I thought that the job seekers office would have found you something by now, it seems hell of a long time to be looking for work.Perhaps I was lucky in having the sort of job where they were always needing people.
Anyway, good luck on Monday.
31-07-2013, 07:52 PM
6
Re: mortgage woes
you are right it has been 2 years ....since i have been signing on i have been probably been offered no more than 3-4 vacancies by the job seekers office (I have of course applied for dozens if not 100's more)..they seem very geared up in trying to sanction people etc ..I am also on the work programme which and i quote " are looking forward to see me again and continue to support to find the right job" they also said they would assist in retraining ...so far in a year i have been offered a 3 day job cleaning urinals and a warehouse job that was withdrawn and also working for free which i refused to do out of principal ... ....I have in fact applied for 2 jobs today and received 2 rejections from jobs applied for in the last few weeks ...I know of several people in my situation most with the same credentials as myself , including a friend he got made redundant just after me ..he is roughly the same age and has the same skills ...so it is not easy as you can see ..i just hope my interview next Monday comes up trumps...31-07-2013, 10:41 PM
9
Re: mortgage woes
Originally Posted by Jimmy
->
The annoying thing about being out of work, is that, because you are buying your own home, you can't claim any housing benefit, but if you were renting you could get the full rent paid.
01-08-2013, 08:50 AM
10
Re: mortgage woes
You need proper advice on that Martin, repossession can seem easier but you won't get true value of your home, when we had problems back in the last recession (1985) we ended up far better off by selling up ourselves than we would have done if the mortgage company had sent the house to auction.I obviously don't know your situation in detail but I would suggest a proper chat with someone who knows about these things before you allow your home to be repossessed.
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