Wondering how I'll pay my mortgage

dmg24

MaggieD wrote: »

I have already stated that I've rang the bank, but I've been asked to apply in writing, which I know (from previous experience when I first went onto benefits) takes weeks. If offered a job I will need to tell my employer asap whether I can afford to accept it or not.

I think it would be rather reckless to accept a job offer and then find out that the bank will only accept the full mortgage payments, which, if I can't afford, will then fall into arrears and eventually lose my house.

So have you written to them?

Sam____2

MaggieD wrote: »

Ok, so you think I should have accepted a position that I:

a) Did not apply for
b) Was working in a field I have no experience nor desire to work in
c) Did not pay enough to cover my mortgage

Not to mention my recent bereavement.

And how would the JCP know?

How is this fair?
posted in Feb this year



I am desperately trying to get off of benefits, currently the DSS are paying my mortgage interest - I wanted to apply for a job but unfortunately the salary isn't enough - even with tax credits - to cover my monthly payments.
Having spoken to the bank to ask if I could continue with either a interest only mortgage, or to extend the term making the payments lower, they have said that my ex (whose name is on the joint mortage) would need to agree to this.
Given that he is desperate for me to sell the house (even though he is living with his new wife in their house) He has told me he wouldn't agree to this.
He has never paid any child maintenance towards his two sons (even though I have told the CSA many times) nor has he paid anything towards the mortgage since we split 10 years ago - I find it so unfair that my attempts to get back to work and pay the mortgage myself, will be dashed because of my ex's refusal to negotiate.


so you have already asked your lender and know the answer to the question, why post again asking the same thing?

MaggieD

Yes, I have written.

Duncombe

Why do I get the feeling we are all wasting our time?

MaggieD

Sam___ wrote: »

How is this fair?
posted in Feb this year


I am desperately trying to get off of benefits, currently the DSS are paying my mortgage interest - I wanted to apply for a job but unfortunately the salary isn't enough - even with tax credits - to cover my monthly payments.
Having spoken to the bank to ask if I could continue with either a interest only mortgage, or to extend the term making the payments lower, they have said that my ex (whose name is on the joint mortage) would need to agree to this.
Given that he is desperate for me to sell the house (even though he is living with his new wife in their house) He has told me he wouldn't agree to this.
He has never paid any child maintenance towards his two sons (even though I have told the CSA many times) nor has he paid anything towards the mortgage since we split 10 years ago - I find it so unfair that my attempts to get back to work and pay the mortgage myself, will be dashed because of my ex's refusal to negotiate.

so you have already asked your lender and know the answer to the question, why post again asking the same thing?[/QUOTE


Because when I rang recently I spoke to a different department that contradicted what they person I spoke to above said. They said I wouldn't need to change the mortgage, I would need to ask for the concession to continue and it would have to be put in writing. When I asked if my ex would have to be informed they said no.

Hence my extreme confusion.

AnxiousMum

No doubt I'll be lambasted....but hey ho - here goes.

You've been on benefits for ten years, had your mortgage interest paid for ten years, have undertaken studies obviously on a 'whim' seeing as you knew nothing about the job and how it would benefit you afterwards. You have not sought legal advice on the child support/payment contributions towards your mortgage - which means that another adult will also benefit from the equity in the house at taxpayers expense, even though he has another house with his new wife and evades child support.

I'm not slamming you as a single mum - been there done that. In order to make ends meet, I had to sell my home, move a distance away from my job to get cheaper housing which involved more commute times. However, I always ensured that the ex contributed child support as our CHILDREN ARE ENTITLED TO IT and the benefits that come of being supported by BOTH PARENTS.

You now had the opportunity to take a job - but because it wasn't PERFECT, and didn't provide you with a high income, you have turned down.

You will now likely be sanctioned by JSA - and not be eligible for JSA benefits. Surely when you have signed on, you have informed them of applying for this job?

If you cannot afford to live where you are - you need to look at moving to what you can afford, accept a job offer so you have some income, and start living within your means. You obviously don't want to hear this - there are several questions throughout this thread that you refuse to answer.

You mention the added cost of child care and after school clubs - your children are more than old enough to be at home for a half hour or so before you get home from your school hours job, it's not like they are toddlers anymore.

It's been recommended several times in the thread that you seek legal advice - have you done this with a solicitor to see what you can do re the house situation?

Nobody on here has been unhelpful - unfortunately, some posters create a post hoping for a particular answer, and when that is not received, we are all 'slamming single mums' or however you referred to it. Many of us have been in your very position, and have gotten past it. It's not easy all of the time, but nobody is going to offer an inexperienced person a high paid job just because they wish to live beyond their means. But.....just in case they do - please share the employer information on here, as many of us would love to work for them!

Sam____2

your kids were 11 and 14 back in Feb of this year so we can assume they must now be almost if not already 12 and 15, old enough to be left on their own whilst you work if need be, perhaps you could broaden your search for employment now.

I'm sorry but I know this whole SMI change over is going to screw up a lot of peoples lives, but some think they should be able to sit back and do nothing even though they are perfectly capable of working. You've had your interest paid for 10 years, don't you think it's time to contribute?!
or do you feel the tax payer should pay your mortgage inefinately!!

TOBRUK

I really do think you need to see a solicitor to seek advice urgently. You need advice about your ex and non mortgage payments and where you stand regarding changing mortgage - your solicitor should contact your ex. Take into consideration he hasn't contributed to his two children.

You need to make an appointment with Nat West (your lender) to have a face to face meeting regarding the mortgage.

TOBRUK

Forgive me if I'm wrong but you say that your ex has a wife, if so you are divorced - was there any settlement in the divorce regarding the house etc?

welshmoneylover

They are making changes to benefit payments this year, its been in much of the news yesterday and today.

If I were you, I'd take any job going to make sure enough money is coming in.