3 years mortgage planning scuppered !

getmore4less

You need a serious look at your spending with over £5kpm coming in the debt should be reducing really quick

Debt free wanabee board is where you need to be.

Lungboy

It's not much help now but that 6 year old debt might well have been statute barred

Thrugelmir

lillib77 wrote: »

The debt has stayed still for 3 years. I was unemployed / on maternity for 2 out of the last 5 years. My husband has brought debt with hi from before our marriage, but reduced this by £10k. Then the kids arrived. He has £20k of debt. I have £8k.

This then is the source of your problems obtaining a mortgage. Not moving around a lot. As others have said it's this you need to get to grips with. From an outsiders point of view ( i.e. a lenders) the concern will be that you don't manage your personal finances well. Would take very little to tip you over the edge and down a slippery slope.

lillib77

Thanks everyone. Amazing how easy it is to find excuses and bury your head in the sand.


Off to the debt free board.


Also read a great quote today:


"Everyone wants to be successful until they see what it actually takes"

leveller2911

lillib77 wrote: »

Also read a great quote today:


"Everyone wants to be successful until they see what it actually takes"

Depends on what you define as being "Successful". Personally , I want
To live a long healthy life ,appreciate the people around me and have £1.00 more than I need.. That's "need" not want .

Dird

How is it possible to move 5 times in 18 months :f

leveller2911

S

Dird wrote: »

How is it possible to move 5 times in 18 months :f

Maybe the OP was being moved to various "safe houses" by MI5 ?. Now, tired of running they want to buy and disappear into the community of a small rural Cumbrian village .The OP becoming a TA at the local Primary school..

lillib77

Omg leveller how did you know ? Somebody leaked my file !

Moved out of London to a small island into rental, then bought a house and had a baby. Husband hated small island so we moved back to UK into rental, was awful place, moved into another rental. Then "bought" house with parental help. 40 % deposit. Now I know that we should have spent deposit paying off debts. I am finally enlightened.

Dird

So he hated the small island but you still bought a house there after renting a while? :f any money still to come from this?
I guess you've moved back to London now? What small island? :-o

leveller2911

Dird wrote: »

So he hated the small island but you still bought a house there after renting a while? :f any money still to come from this?
I guess you've moved back to London now? What small island? :-o

Sheppey.....