I am going to sell my house and rent it back.

Gemmzie

Do you have the rest of your SOA? Keep your chin up, there's always some way to help

SSB

Hi
Are they are offering shorthold assured tenancy? This means that the first 6 months are secure, after that they can terminate tenancy without any reason and giving you just 2 month's notice.

RAS

Jesu

How much is your mortgage for - value? How much the secure loan and what are the APrs on these.

is the mortgage interst only OR REPAYMENT?

How many for food and exactly what utilities (break these down by type. Both of thes seem very high.

Also

Water rates? Travel costs?

Mr_Spangle_Pants

Water is included in the utilities, just all bundled together.

Wifey walks to work, we do run a car, paid for.

FED UP FED UP

chevalier

Only a tiny bit of help, but did you know that you can pay your council tax over 12 months not 10, would help with the monthly outgoings.

Is there any reason for your other half not to work as well, even if only temporarily until you get back on your feet physically?
chev

Emmzi

Mr Pants,

'Fed Up' is not a good reason to basically throw your house away!!!

How much is your income, from what?

Same for wife.

What did CAB say?

barnaby-bear

Mr_Spangle_Pants wrote: »

Water is included in the utilities, just all bundled together.

Wifey walks to work, we do run a car, paid for.

FED UP FED UP

No toys out of pram please.
It's WORTH your time putting effort into this. You've put a lot more effort into researching sharky companies so time for a little over here.

Split the utilities. There maybe a tariff or something someone can think of.
How many in your family - kids?
What are your debts/APRs/equity/mortgage rate/ is the mortgage repayment (interest only is renting from bank who maybe a better landlord )
How is your income made up, how much do you each earn... there maybe benefits/council tax discount/WTC depending on that info, how many hours do you work etc....
How old are you - you maybe able to make an IO mortgage over a longer length of tiem (renting from bank) or equity release may be an option....

In_Search_Of_Me

I suspect that the fed up is a mixture of shame, a feeling of helplessness & head exploding "I dont know what to do?". You havent answered questions about work, wife etc & while you dont have to its hard to help when we dont know whats what! How did you get on with CAB & did you manage to ring CCCS? I KNOW it's hard but think locically - you are thinking of effectively giving your house away for £200 a month! I'm sure you can do this without selling. My bills rent etec mean I break even, on paper, but somehow I've managed to pay off £7000 since April 06 & thats without being a miser! It does mean adjustments, no doubt about it but I can honestly say my quality of life & happiness are both 100% better despite that!

Mr_Spangle_Pants

I have used every angle from this site to cut my outgoings I can shave no more, you have already saved me thousands.

The income is from my wife.

Believe me 200 quid is a fortune, we would like to go out for lunch and generally enjoy ourselves.

Mr_Spangle_Pants

I have never seen my wife so miserable.