Moving, renting after reposession

NoMoreExcuses

Ok.

We are picking up keys to rented place today. Mortgage company are ringing asking whats going on...what do we tell them?

Plus - we are in arrears with our electric here, and on the meter, the other place has a different company. What do we do?

Council tax - arrears with that, but what property do we pay for now and how do we change it?

I heard yeterday that if you are reposessed you cannot get another mortgage for 15 years...is this true?

All advice gratefully received today...

Red1708

Hiya NME

Not 100% sure about the mortgage company but I beleive that if you hand the keys back and surrender the house then any arrears will then become unsecured debt and will be included in your BR.

Any arreas on Council Tax or utilities will be included in your BR. You would have to call the electrcity supplier to inform them your had declared BR and then they would reset the meter.

NoMoreExcuses

Not gone BR yet....
Just wondered what we do in the meantime. This limbo land is awful.

Do we tell the mortgage company now or wait til we move out? Even though they are absolute sharks we still want to do the right thing - a mug or what? They could care less about the predicament we are in or the fact that I have 3 kids and one only 7months. Or that this is the house that i nursed my grandad in (he was like my dad) until he died. i hate them so much. i really hate them.

Sorry - not a good day to be emotional is it?

Red1708

Heyyyyy no probs,

We all have emotional days. To be honest I would try to refrain from telling them until it is absolutley necessary. Hang in there, I'm sure somebody will be along soon who has knowledge of the housing situation and they'll be able to advise you properly

allofadither

Hi NME,

Sorry I can't give you any concrete advice about what to tell the mortgage company....but you can really only deal with one thing at once, and for now that's getting you and your family re-housed. Everything else should wait until you are in a postion to deal with it. I know it's hard, but can you ignore them all for the time being? You don't need to tell them anything...yet.

NoMoreExcuses

Yes...you are both absolutely right. It just seems a mammoth task at the moment. i feel very emotional but have the 3 kids here and one is teething the other is coming down with tonsilitis. Trying to do a healthy dinner for tonight as we have just all had chips and apple for lunch.

The curtains in the close are already twitching. Its hard to hold on to any dignity at a time like this. i know they will all be asking whats happening.

Certainly makes me wonder about my friends and family...not even a call today.

This landlady is doing EVERYTHING on the cheap. I dont even think she has had the safety checks done. i remember we couldnt even let our caravan without those being done. But we are so desperate to get in there (she is now busy with her son until 2!!!) we are excepting all kinds of rubbish.

Sorry everyone. really in a mess today. And you are the only people I know that know what this feels like.

Richard_S

NoMoreExcuses wrote: »

Ok.

We are picking up keys to rented place today. Mortgage company are ringing asking whats going on...what do we tell them? Tell them that you're aware of the problem, that you're in the process of reviewing your finances and will contact them shortly with a proposition. Don't tell them that you're moving out because you may need time to get the rented property habitable.

Plus - we are in arrears with our electric here, and on the meter, the other place has a different company. What do we do? I wouldn't pay them until you've decided whether you're going to declare bankruptcy. They're unsecured creditors and are really "toothless tigers". They'll huff and puff and threaten court action but there's nothing to be gained by paying them at the moment.

Council tax - arrears with that, but what property do we pay for now and how do we change it?Same as with the electric supplier but don't get to the point where they send in the baliffs. You've got plenty of time to address the council tax problem, so for now, save your cash. If you declare bky any arrears will be included.

I heard yeterday that if you are reposessed you cannot get another mortgage for 15 years...is this true? All lenders have different criteria, there are no hard and fast rules. You'll pay more for a mortgage in the future but only for as long as it takes you to re-establish your creit rating.

All advice gratefully received today...

Hi NME,

Apologies for such a quick post.

Richard

Richard_S

NoMoreExcuses wrote: »

Yes...you are both absolutely right. It just seems a mammoth task at the moment.It is a mammoth task NME but when you look back at how you've addressed your problems it does give you a feeling of satisfaction that you faced a crisis and overcame it between you i feel very emotional It's an emotional time, just accept the way you're feeling knowing that you'll have good and bad days. Try and focus on the most important objective "Finding a house you'll be comfortable in, getting your O.H back into work, and then addressing your financial problems in whatever way you deem appropriate.but have the 3 kids here and one is teething the other is coming down with tonsilitis. Trying to do a healthy dinner for tonight as we have just all had chips and apple for lunch.

The curtains in the close are already twitching. Its hard to hold on to any dignity at a time like this. Nobody can look down on you unless you give them permission, "Hold your head high and give them an example of how people should deal with a crisis in their lives" At least if they're luxuriating in your discomfort they'll be leaving somebody else alone. i know they will all be asking whats happening.

Certainly makes me wonder about my friends and family...not even a call today.

This landlady is doing EVERYTHING on the cheap. So did ours; bloody peasant!I dont even think she has had the safety checks done. i remember we couldnt even let our caravan without those being done. But we are so desperate to get in there (she is now busy with her son until 2!!!) we are excepting all kinds of rubbish.

Sorry everyone. really in a mess today. And you are the only people I know that know what this feels likeWe sure do:mad: .

I don't think we ever consumed more junk food than when we were in our nomadic phase :eek:

NoMoreExcuses

Well - he has gone to pick up keys...

Dont know where you all are today but its a balmy afternoon in Kent. Feels like New Orleans! Phew!

We have just sorted BT out so at least I can maintain "radio" contact with everyone on here!

Think we are just going to get moved over the next few days and see how we go. I need to do a check list of all the things I need to remember when moving but cant get my head round it!

Richard_S

NoMoreExcuses wrote: »

Well - he has gone to pick up keys...

Dont know where you all are today but its a balmy afternoon in Kent. Feels like New Orleans! Phew!

We have just sorted BT out so at least I can maintain "radio" contact with everyone on here!

Think we are just going to get moved over the next few days and see how we go. I need to do a check list of all the things I need to remember when moving but cant get my head round it!

Hi NME,

I'll try to focus your mind

Two weeks before the move

Confirm the date of your move

If you're renting, notify your landlord of your moving date

Check your home insurance - make sure you have cover from the day you move in to your new home. .

Obtain written quotes from several removal firms. Get references and check the limits of their insurance.

If you're not using professional removers, ask friends to help.

Book extra storage space if required.

Notify the relevant utility companies of your departure.

Start getting rid of possessions you no longer need. Decide which items can be taken to a charity shop, sold at car boot sale, or offered to your friends.

If you need new furniture or carpets - order them now and arrange delivery for when you move in.

The week you move

Start packing non-essential items such as books and non-seasonal clothes into boxes.

De-register from your doctor, dentist and optician if you're moving out of the area.

Visit the post office and arrange for your post to be forwarded (you will be charged a fee for this service).

Notify your milkman and newspaper shop that you'll be moving and give them a date you want the service to stop.

If you have children or pets, arrange for someone to look after them during the move.

Make a list of everyone who should know about the move. Send out change of address ecards.

Finalise arrangements with your removal company. Confirm arrival times and make sure your removers have directions to your new address.

Arrange a time to collect the keys for your new home from the estate agent.

Notify then bank of any changes to direct debits and standing orders.

Sellotape & Sellotape dispensers

Tissue paper

Cardboard boxes - supermarkets usually have plenty

A copious supply of beer, lager, wines and spirits :beer:

Best regards

Richard

Richard_S

A little bit more to get you thinking :eek:


Before you start

You don't need to leave everything to the day before the move. Consider what you don't need to take with you, what will need careful packing, and that you are covered for potential breakages.

• Make a priority packing list

• Take some time to sift through your belongings and have a clear-out. You can make up a box for charity and if you've time, hold a car boot sale or log onto an online auction, then put the proceeds of your sold goods towards some re-decorating or a new carpet.

• Calculate how many boxes you will need and get these well in advance. Find boxes in a variety of sizes. Think about what else will be useful, such as strong tape, bubble wrap, and self-seal bags for keeping nuts and bolts together. Save old newspapers for lining boxes.

• Don't completely fill large boxes, as they will be too heavy to move.

• Use sturdy packing boxes, particularly for heavier items, or your belongings may end up strewn all over the pavement. Boxes made from corrugated cardboard are stronger than regular ones. You can usually find these at supermarkets, off-licences or large retail stores, but make sure that they are clean.

• Check that your contents insurance will cover damage and breakages during the move.

• Put all hazardous materials, such as paint, bleach and aerosols, into a separate box and keep them away from the rest of your stuff.


Think ahead

Unless you travel light, you won't be able to unpack everything in the first day, so it's worth deciding what you might need easy access to soon after you cross the threshold of your new home.

• Pack an 'essentials' box for the first night in your new home and carry it with you. Instant access to coffee, tea, snacks, cups and a kettle may be welcome soon after you arrive. As will plates, utensils and a kitchen cloth.

• Prepare an overnight bag for everyone in the family, and make sure that there is enough toilet paper and toiletries for everyone.

• Other useful items that should be kept close to hand are a torch, a first-aid kit including pain relievers, pencil and paper, and re-closable plastic bags, along with a small tool kit.

• If possible, finish any laundry well before you move to avoid packing damp clothes. Keep a separate box/bag for dirty washing.

• Make sure the boxes containing items you need the least are loaded up first.


Sensible packing

Spend some time considering how you are going to pack your possessions. Books are easy but heavy, valuables need careful wrapping and will take time, and some furniture may need to be dismantled.

• Start early. Packing always takes longer than anticipated, particularly when you start reminiscing over old photographs stored in the attic or you realise that you need to dismantle the wardrobe to get it downstairs.

• Begin at the top of the house and move downwards. If you have an attic, it's a good idea to sort it out first.

• Always pack heavy items in small boxes. It will make transporting them easier. Also, keep the weight of all boxes to a minimum to avoid any back injuries.

• Pack one room at a time, clearly labelling each box with details of its contents and the room to which it belongs. Clearly label boxes that contain breakables and also those that are load-bearing and can be stacked in the van.

• Keep all boxes for each room together. This will save time unpacking.

• It may sound obvious but pack heavier items on the bottom of the box and lighter items on top.

• Wrap items individually and place in a box that's been lined with several layers of newspaper and a sheet of bubble wrap. Any breakables should also be wrapped in bubble wrap. Use clean tissue or wrapping paper for the first layer to prevent newspaper print leaving marks. Pillows and blankets are also useful for wrapping valuables and protecting furniture prone to dents and scratches.

• Pack important documents together, such as birth and marriage certificates, and keep them in a safe place.