Let's face the music and dance...

Drawingaline

🎊 🎊 🎊 

Well done on clearing the rent arrears. 

Starbrite

And boom just like that I don't have a job due to Covid-19!

So !!!!!! of, my job were so nice and apologetic, the decision was made higher up at head office to do away with all temps, however once all this blows over they said they will have me back whether that be on a temp or permanent basis, who knows.

Spoke to agency, they are getting calls like this everyday and chances of getting another temp job are very slim. So going to have to sit at home, which I am a pro at, and ride this out. Least I won't be at risk, but Universal Credit is not a great thing to be on  

Drawingaline

Oh no!!!! At least the rent arrears are gone, and you have shown that you can dig yourself out of a hole. And huge swaths of people will be in the same position this time.

Still feels awful though. 

beanielou

At least the rent arrears are cleared.
Try to not let it get you down which is easy for me to say i know.

Starbrite

Thank you,

Yes I am pleased I can stay at home and avoid this virus, that is the silver lining Just frustrated my plan to be debt free has a spanner in the works, least I won't have £30.00 a month deducted from my UC for rent arrears

They said once this all blows over and if I am available they will have me back, so that is reassuring

Stay safe every one xx

Starbrite

Pay day, 2nd to last one

Paid:

Ebico Gas - £20.00 balance now £0.00 - was £48.32

Water £25.00 (Feb payment)

Tescos cc £43.00 - balance £1,500.00

I still have money in my accounts, a very very strange feeling tbh, and I am convince I have forgotten a debt. I paid the usual rent amount, yet to top up the electric key, but will next time I am out.

And I am bad but treated myself to a pair of adidas trainers I've had my eyes on since Christmas, they were £43.00 kids size so tax free!, a treat for paying the rent arrears.

Starbrite

Just did my end of the month figures, gosh I sound like an accountant... As of today my debts stand at £7,667.00

This is made up of:

Extended Car Warranty - £200.00 remaining, I really need to get this paid off 

Tescos cc - £1,500.00, was the Halifax card transferred to 0% until June 2021

Westcott - £2,930.00 - debt collectors for the MBNA cc, has £5.00 a mth payment plan in place

Intrum - £3,037.00 - debt collectors for Virgin cc, has £1.00 a mth payment plan in place

Fingers crossed this won't get screwed up by this corona virus and I am still able to keep on top of them

Once these are all paid off I need to get into gear and sort out buying a home, that is my goal a long term goal at that will need what an £80,000 deposit?

beanielou

An £80k deposit.
Blimey that's steep.

Keep chipping away at the extended warrenty & it will soon be gone.

Jox

How much is a one bed flat or 2 bed house in your area, how much is 10% deposit and stamp duty and legal fees?

Starbrite

I'm in Surrey and 1 beds start at £210,000 round here so £21,000 however I obviously want a good LTV and anything with a garden or above shoe box size naturally costs more 

Then there is what I can borrow against my wages to consider, which at moment isn't worth working out as I have no job! but on say my temp jobs wages I could have borrowed £105,000 which is a short fall of £105,000 for the £210,000. property

https://www.rightmove.co.uk/property-for-sale/property-65326842.html property I have used as an example