What do I do now

NIWTD

Hi Everyone

I have just finished my 2 year fixed rate but I don't know what to do with my mortgage because of the following

1. Self Employed only just finished 2 year so don't have 2 year accounts.
2. Mrs now works part time as we have 15 month old.
3. I have debts which include 5 default accounts, been using CCCS for last few years but payment has gone down from £400 per month to £54 per month due to rising monthly household costs and income dropping.

Our house is worth round about £150k with only £77k mortgage but my personal debt is £35K, wife has no debt or bad credit.

So I think my options are continue as we are and stay with current mortgage company and go on to new fixed rate, and pay CCCS £54 but this will about 50 years to pay debt off or remortgage if possible or sell house clear debts and rent.

Any advice other option would be appreciated.

ACG

I would be surprised if you could remortgage and get a better deal elsewhere, its hard enough for people with defaults to do it so from that point of view your probably better just sticking with what you have.

star4876

By the sounds of it being SE and + personal debt you will struggle to get another decent mortgage offer so I would say hold out with what you've got at the moment