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short on mortgage by £8000

Cannot take out new mortgage to pay off shortfall of £8000 to bank of
Ireland, they want money by TOMORROW.

Can we get a loan against the house even if we are unemployed at the
moment?

Comments

  • KRB2725
    KRB2725 Posts: 685 Forumite
    Part of the Furniture
    I'm sure somebody will have some advice but I don't fully understand your situation.

    What have you got a shortfall on and how did you get the shortfall? How long ago were you asked to pay the £8000?

    I know very little, but I don't think you will be able to get a loan if you're unemployed.
  • Is it an endowment shortfall?
    LBM April 2011 £4906

    :j:j DEBT FREE 4th NOVEMBER 2011 :j:j
    Clothes Challenge 2011 £60.24/£200
    Virtual sealed pot #136 - £1.60 Sealed pot # 1365 Nectar card - £8.80 Overdraft £0.00
    Do I need it? Can I afford it? Is it cheaper elsewhere?
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