We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Unwanted difficult decision-help pls if you can.

2456789

Comments

  • bundance
    bundance Posts: 1,114 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    tbs624 wrote: »
    If a T does not meet the standard income criteria a LL will sometimes ask for rent to be paid upfront but they usually restrict the initial Fixed Term let to just 6 months
    Does that mean that I will have to pay 6months upfront every time my tenency is renewed?

    Thank you
  • McKneff
    McKneff Posts: 38,857 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    How much is left to pay on your mortgage
    make the most of it, we are only here for the weekend.
    and we will never, ever return.
  • bundance
    bundance Posts: 1,114 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    edited 3 March 2012 at 10:09PM
    carefullycautious wrote: »
    Could you take in a lodger or mon to friday person to help with income?

    If you are able to do the above you could maybe try for a part time job to ease you back into the work place

    THere are many people with your problems who still go to work each day. You have to be pretty poorly nowadays to get help. The days of languishing on benefits have stopped. Sorry to sound harsh but it is true.

    I know if I was in your position I would do all I could to keep my home.
    I used to work for years but was medicaly retired on the grounds of ill health. I decided to pusue my art interests when unemployed.
    Anxiety and depression are what I put, but my condition is debilitating. I would work if I could, better pay than benefits.
    I also discovered three years ago that I was addicted to ttranquilisers and have been trying to wean off them ever since.

    I am now on the lower doses and it is getting more and m ore challenging. I cannot stop worrying about everything. Tranquiliser withdrawals are the worst drug withdrawals ever and they last for ages.
    Also, I have self harmed for as long as I can remember, taking my anger out on my self physically. This has gone on since toddlerhood.

    I am not languishing on benefits, even though many people trivialise anxiety and depression, mine is very severe. I keep my doctor informed as I have been suicidal, and the worry is debilitating. My doctor knows everything.
    I want to be well enough to work, but realistically,I know I am not ready.
    I know I can do permitted work but I don't know anything that will pay enough to enable me to stay in my home.
    I want to stay here, but I don't know if I am being realistic or negative when I say that my income will probably drop.
  • rentergirl
    rentergirl Posts: 371 Forumite
    Have you gone to MIND for at least someone who will understand? And also (I think they are still there) TRANX (for people coming off tranquilisers. There is a way round this, and a way through. You will not need 12 months rent, but 6 weeks and a month upfront. Good luck.
  • bundance
    bundance Posts: 1,114 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    McKneff wrote: »
    How much is left to pay on your mortgage

    £37k plus left to pay.

    Thank you
  • bundance
    bundance Posts: 1,114 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    rentergirl wrote: »
    Have you gone to MIND for at least someone who will understand? And also (I think they are still there) TRANX (for people coming off tranquilisers. There is a way round this, and a way through. You will not need 12 months rent, but 6 weeks and a month upfront. Good luck.

    I have been to mind when well enough. I also contact Battle AGainst Tranquilsers who are a local trnaquiliser charity.

    I'm worried because I fear I will never have my own home again (rented or bought)
    I dont even know if people who rent roooms out would take on someone like me. Especally if I get my flat reopsessed.
  • bundance
    bundance Posts: 1,114 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Thanks for your help so far, does anyone have any more help for me please?
  • tbs624
    tbs624 Posts: 10,816 Forumite
    edited 3 March 2012 at 10:42PM
    rentergirl wrote: »
    You will not need 12 months rent, but 6 weeks and a month upfront.
    Rentergirl does not know this as a certainty.

    She forgets that in the PRS if a potential T does not have the required income to rent ratio then the majority of LLs *will* want upfront rent payment or a guarantor in place. OP has already said there is no guarantor available.

    Regrettably the only sort of LLs who may be willing to take a risk are likely to be the sort of LLs/property that you wouldn't want to deal with.
  • tbs624
    tbs624 Posts: 10,816 Forumite
    bundance - you say you have a mortgage of around 37k - how much do you think a property like yours would sell for? Would you have enough equity to be able to buy something cheaper?
  • bundance
    bundance Posts: 1,114 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    tbs624 wrote: »
    bundance - you say you have a mortgage of around 37k - how much do you think a property like yours would sell for? Would you have enough equity to be able to buy something cheaper?
    It got valued at 70-75k, no I would not have enough equity to buy something cheaper.

    I feel really doomed and it is making me more depressed at a time when I want to be recovering, it is delaying my recovery.
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.2K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.3K Spending & Discounts
  • 247.2K Work, Benefits & Business
  • 603.8K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture