Mortgage Rescue Scheme or Vol Repo??

win123

Hi Dawny

I am so sorry that everything is going wrong for you = I know that feeling (my car broke down last year and I got conned getting it fixed cost me 600 pounds only to be driven back parked outside my house undrivable! managed to sell for a few hundred and got another car of a friend of a friend where I was conned again broke down after 3months! I sometimes wonder why on earth I have been put on this earth for everything to go wrong for me I know I shouldn't talk like this as I know people are a lot worse off than I am but its just how I feel . Its just nice to know I am not the only one going through this situation but I am going through it alone as I dont have a partner share the burden with - I can't worry my poor mum although she is aware of the situation and the mess we are in and I know she is worried too but if she knew how much i was worrying it would make things worse for her x - I just keep thinking even if we do get accepted onto the MRS scheme how on earth do I still afford to live by paying rent etc with all my other bills and debts! I will have to go bancrupt as my credit file is shot anyway and I never want to see another credit card in my entire life. Its just awful at the moment I cant even afford to do a weekly shop - Lets just hope SHelter can help us with the MRS scheme because if they cant god knows what on earth we are going to do such a scary place to be - done nothing but cry again today daft I know but its the way I feel - Sorry rant over for now xxxx Hope your grandad is ok Dawny wat another added worry for you

dawny75

Awww Win I really feel for you...right pair we are!! You must feel ten times worse having to carry all of this on your shoulders..at least I have hubby to off load on and vice versa. At the moment we cant see an end to it all but surely there has to be?? I cant imagine living anywhere else but this house..been here 13yrs and brought our girls up from babies here, family are all around the corner too. We are viewing a house tomorrow which is not too far away but there is another person viewing it at the same time as us!! If we like it we need to get in there quick i reckon. Fingers crossed. Keep in touch. Oh and the car is hopefully being fixed on Thursday fingers crossed for that too...bloody lost without it! xx

win123

Hi Dawny

Good luck with the house tomorrow - I know how you feel re wanting to stay in your home I have lived in this house since I was born and gave birth to my son here - lots of good memories but being blurred by all this debt and mess I have got myself into - Just the thought that if I am not successfull with the MRS what on earth will happen never sold a house before never rented before so god knows what will become of us cant even imagine that I will not be able to take my pets with me to a rented place - I dont even thnk I can afford to pay rent on my wage just how do people do it these days xxxx Good Luck tomorrow I have my fingers crossed for you and your family - let me know how you get on x:) know what you mean about the car dont realise how much they are missed hadnt been on a bus since I was a teenager lol - God I do hope we get our lives sorted out and it surely has to get better for us - cant get any worse surely? To be honest this forum has been a lifesaver too having nice people like you and angiepange and everyone else on here to talk to just helps a little that others are going through this tough time x

win123

Hi Dawny

Hope your viewing went ok today - I finally plucked up the courage to ring the housing team who were o and very helpful say if we are successful then we have two choices the 1st where they buy and I rent or choice 2 which they think might be more suitable is where they will pay 30% of my mortgage and I will end up with a 65k mortgage which will lower my payments - she said i dont pay them anything untill I sell the house but surely that cant be right what happens if i want to live threre till i die (lol) will that mean the house will be sold and 30% is paid back to them then and my son has the rest - surely that cant be right? there are so many different schemes that I just dont know what it what - I was that stressed on the phone trying to remember figures etc that I didnt ask How dopey am I She said that she will send the application forms out to me in the post and that there were 2 other families in the process of the MRS scheme too- -- How are things with you hope you are ok and that your grandad is a bit better and that your car is also better xx? x

dawny75

Hi Win,

We were told about the part equity option but wouldve opted for them having the lot and us renting it back. Its all so confusing..especially over the telephone..and then you always think of questions afterwards. We had face to face meetings with our housing officer so it was easier to discuss. Can you not arrange an appointment with them? Or ring them back and ask..I mither them all the time, they are probably sick of me lol!

We liked the house we viewed but the estate agent said the landlord isnt very nice and is messing them about so has warned us off...also the fees just to apply are £225 :eek:. We have a possibility of renting off a friend so may be able to cut out the middle man but we have had so many knock backs i cant get excited and also cant stop thinking about the stress of moving and the court date and then all the crap after the repossession with the shortfall, scared about the bankruptcy part too. I'm also panicking now that we wont get housing benefit when we move even though i have phoned the council and she said as long as we can prove that we were being repossessed (which I can with court forms etc) then we will be eligible...but I cant help but worry. I will be thinking of you, hope u get the answers you need. Oh and the car is better again thanks to my dad and mother-in-law paying halves for us, and grandad seems to be a bit better, thanks for asking xxx

win123

Hi Dawny

Aww I am sorry things aren't going to plan with your renting options - I am sure you will get housing benefit but I know excactly how you are feeling panicing about it all the time it is making me ill too - I am not eating properly at the moment havent done for 3 weeks and lost quite a bit of weight wont do me any harm but not eating leads to more panic etc, not sleeping miserable all the time and at the moment hate my life - The housing form pack came and god do they want to know everyything they want 6 months bank statements, proof of cccs debt, proof from the bank that there is nothing else they can do - How do I get that from the bank is it that easy the rest of the info I can get - they have told me last year that they cannot extend the mortgage term, can't remortgage and cant get another fixed rate as in a DMP - the only worry I have is that I had a PPI payment some time ago and as I owed my friends and family money and had to buy a car etc as mum disabled and the old car broke down then they are going to see that I had a few k and want to know what I have done with it all - I hope they dont hold this against me - I have about 300 a month left after mortgage and bills per month and this is for food for me and my son and any clothing entertainment etc we need - I am so fed up worried they are going to turn me down - Oh and they say I need to get to see a financial adviser to see about maybe getting a further cheap fixed mortgage rate how do I do that are there any free financial advisers anywhere ie CAB etc

I know its easy for me to say not to worry but try and think positive - Hark at me lol I am just as bad but I am sure things will work out for us
Good luck with renting from a friend that might work out for you - I know the thought of moving and leaving your home is frightening I am dreading it if this happens to me but I do believe that things happen for a reason - but why do some people sail through life and others struggle xxx