New and kinda confused

MrsOstrich

Spoke to CCCS for 80 minutes today! Poor guy didn't know what had hit him as I was really teary. I have a telephone interview with their mortgage councillor next Friday...any advice?

dalip

MrsOstrich wrote: »

2 adults and 5 kids (18,14,7,5,4)

Monthly Income Details
Monthly income after tax......................... 0
Partners monthly income after tax....... 2080
Benefits............................................... 250
Other income.......................................... 0
Total monthly income..................... 2330

Monthly Expense Details
Mortgage........................................... 900
Secured loan repayments................... 344
Rent...................................................... 0
Management charge ............................. 0
Council tax........................................ 130
Electricity............................................ 80 Paying off debt on prepaymentthink this debt gets included in bc so have to put down what it will be without debt meter
Gas..................................................... 80 Paying off debt on dittoprepayment meter
Oil........................................................ 0
Water rates......................................... 40
Telephone (land line)........................... 40
Mobile phone..................................... 30£20
TV Licence........................................ 12
Satellite/Cable TV.............................. 42Not allowed
Internet Services.................................. 0
Groceries etc. ................................. 480:eek: No far too low at least £600
Clothing............................................. 20:eek: Again far too low
Petrol/diesel....................................... 40
Road tax........................................... 17
Car Insurance................................... 50
Car maintenance (including MOT)...... 20
Car parking......................................... 0
Other travel....................................... 70Whats this?
Childcare/nursery................................ 0
Other child related expenses................ 0
Medical (prescriptions, dentist etc).... 30
Pet insurance/vet bills.......................... 0
Buildings insurance.............................. 0
Contents insurance.............................. 0
Life assurance .................................... 0
Other insurance................................... 0
Presents (birthday, christmas etc)....... 40May not allow
Haircuts.............................................. 0
Entertainment...................................... 0
Holiday............................................... 0
Emergency fund.................................. 0
Sewerage.......................................... 80
Total monthly expenses.............. 2545

I have not read your whole thread(will do now:o ) but it is far better to up things which you know the OR will allow thn to put things in which he can dissallow at his discretion. Even by juggling things you are still in deficit each month . Off to catch up on the rest of your thread sorry.Dx

MrsOstrich

Thank you dalip. Other travel is my OH's costs getting to work by train and tube. Not sure how much electric and gas would be... :P

shadowdragon

if you are going to loose the house I would find out how much rent is in the area you want to go for a suitable property then take off the mortgage and Sec, Loan and add the rent. That may well balance things out a bit more and reduce your deficit (dependant on whether your keeping the house or not).

dalip

If you are going to give the house up,then as shadow says you need to find out rental costs for you area. Also if the house is going then so will the secured loan which will make a big difference to our outgoings So there arethings that need increasing like clothes and H/K.Dx

tigerfeet2006

If you are going to give up the house then STOP making any payments to the mortgage, SL and any other debts (carry on payiny essentials like council tax, utilities etc.) Save the money for your rental and BR fees. Move into rental, go BR and then vol repo the house.