We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Should I sell my house to become debt free??

Options
124»

Comments

  • ksh123
    ksh123 Posts: 1,248 Forumite
    Part of the Furniture Combo Breaker
    raq wrote: »
    £15k is a lot of debt but compared to a lot of people on here is probably small.

    Anyway,if it was me ( we are 8500.00k in debt ) I WOULD KEEP THE HOUSE

    No more said really

    Good luck

    My debt is £45K + mortgage + 2nd mortgage. The £45k is all "bad" debt. I have no hope of paying it off before I die (I'm 55) unless I sell my house. I'm used to hardship been there done that many times over the years its the sheer endlessness of my current situation that is so hard to live with and which is contributing to my illness.
    Stop looking for answers....
    The most you can hope for are clues.....:)
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244K Work, Benefits & Business
  • 598.9K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.