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Mortgage Help

Hi everyone

need some info please,
my ex girlfriend and I purchased our house 4 years ago, she has only recently left and i dont know what i should do, i cant afford the mortgage on my own as it is, its currently a repayment mortgage.
Based on my salary i can get a mortgage for 83k, the original mortgage was for 90k i know in four years we have not paid no where near 7k off. I was wondering if its easy to turn it into an interest only payment?? also I was wondering if any of you had any suggestions???
Debt total 2008 £3800
Debt total 2009 £2800
Debt total 2010 £1800
Debt total 2011 £400 will be paid off in two months!:j:j:j:j:j:j

Happy Days

Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Based on my salary i can get a mortgage for 83k, the original mortgage was for 90k i know in four years we have not paid no where near 7k off.


    Are you sure? What term did you take the mortgage out over?
  • Thrugelmir wrote: »
    Are you sure? What term did you take the mortgage out over?

    took it out over 35 years it was a 100% mortgage from northern rock.
    so i have 31 years left at the moment the rate was 6.5%
    Debt total 2008 £3800
    Debt total 2009 £2800
    Debt total 2010 £1800
    Debt total 2011 £400 will be paid off in two months!:j:j:j:j:j:j

    Happy Days
  • SouthCoast
    SouthCoast Posts: 1,985 Forumite
    Having problems with your mortgage payments?

    http://mortgagehelp.direct.gov.uk/default.aspx
  • looking at my last quarterly statement we owe 87k, that was dated DEC'10 so i doubt it would had changed much.
    I dont think there's much hope of me getting this mortgage on my own
    Debt total 2008 £3800
    Debt total 2009 £2800
    Debt total 2010 £1800
    Debt total 2011 £400 will be paid off in two months!:j:j:j:j:j:j

    Happy Days
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