Help!

bigadaj

Fair comments, the one thing that sort of surprises me us that the majority of e population have no objectivity. They can't see how their situation looks to a lender, rather than. The myopic obsession with wanting that money now.

I am tempted to put it down to the increasing sled obsession promote by mr. Cow ell and his friends, and yes, I'm enjoying te transition into becoming. Grumpy old hit quite nicely thank you.

ed110220

wee_den wrote: »

I have been to two independant financial advisors and all they are offering is Halifax and BOS (which is really the same thing) and no others will touch it, there is no asbestos in the roof as the house was completely renovated about 30 years ago when it was still a council house.

I think you're being given bad/inaccurate advice as mortgages and remortages are readily available for BISF houses. You may need to speak to someone more specialist at the relevant lender as the average mortgage advisor probably wouldn't know a BISF house if they were in one. You should find that any major lender can help you if you get through to someone who deals with non-traditional construction.

There's plenty of information at https://www.bisfhouse.com

chesky369

Your mortgage company may in fact have done you a favour (I know you won't see it like that, yet). Because they've brought you up short to see that you actually cannot continue with your current spending. It's now been forced on you and you will have to understand that you will have to change your budgeting and priorities.

You say you're looking for advice so I would urge you to post your SOA a.s.a.p. as others have suggested. I also think that the replies posted here have been rather positive and have not sought to undermine your efforts.

bargainbetty

wee_den wrote: »

Thank you for your reality check but I am dealing with reality and my reality is every day items and goods are going up and up and my income is standing still, I have a daughter to put through college and Im doing it all solo. I dont want a pat on the back for what I do, Im struggling and looking for answers from people who have been there or have experience of assisting people like me.

This is why the DFW boards are so great - they taught me huge amounts about how to minimise my expenditure and get the most from it. You would be amazed how the simplest things can make a difference.

Your daughter is old enough for college, is she old enough for a part-time job to contribute to her own expenses? I was expected to pay for my own clothes, mobile phone and social life as soon as I was old enough to get a shop job. She can also help with cooking and cleaning at home, giving you more time, and reducing your spend on takeaways, ready meals etc. (Sorry if you don't have them, it's an assumption).

I'm sorry that you felt judged, but I hope you can understand that many people here haven't reached the point where a mortgage is even a dream due to their debts, and are genuinely worried about work, feeding their kids etc. Your opening post might have felt honest to you, but it could have been seen as a bit self-indulgent by others - everything in life is relative!

Stuff the broker, go and talk to the banks directly. Surely they would know the options, and you might be able to haggle over fees if you do it in person. You might feel like your destiny is in your own hands too - I always do!

Good luck, and I hope to see you over on the DFW boards soon.