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Mortgage issues
nuahkhali
Posts: 16 Forumite
Hi,
After almost 1 year of unemployment my mortgage payment insurance is going to run out now. I am receiving mortgage interest from the DWP however I am still almost £900 short each month on a 95% mortgage. My wife is is due to give birth to our 3rd child in 6 weeks time. Its been difficult to find employment after 6 interviews over 1 year. I have been offered a part time degree university place starting next week to top up my HND to enhance my job prospects whilst still on JSA. I cannot sell as my house is is almost in negative equity. My concern is how long will my mortgage lender wait before taking action
After almost 1 year of unemployment my mortgage payment insurance is going to run out now. I am receiving mortgage interest from the DWP however I am still almost £900 short each month on a 95% mortgage. My wife is is due to give birth to our 3rd child in 6 weeks time. Its been difficult to find employment after 6 interviews over 1 year. I have been offered a part time degree university place starting next week to top up my HND to enhance my job prospects whilst still on JSA. I cannot sell as my house is is almost in negative equity. My concern is how long will my mortgage lender wait before taking action
0
Comments
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best to talk to mortgage lender--be straight up.its something you cant hide
if you dont an start missing payments--your credits ratings will dive/an mortgage lender will take things into there own hands without mutual consent£48515 interest £181 (2009)debt/mortgage-MFIT/T2/T3
debt/mortgage free 28/11/14
vanguard shares index isa £1000
credit union £400
emergency fund£500
#81 save 2018£42000
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