Mortgage term ending and I'm falling short

StillShallow

Monthly mortgage payment - was £250

Credit cards - 1x 0% £1045 credit limit maxed out today - 1 x 9.8% £7500 limit available (is this my scary expensive last resort?)

Loan - not applied for anything yet because eligability checkers are looking poor.
Perm job is 18.5hr pw job share (roughly £590 net per month) - hours non-negotiable - only happened last week so started updating CV and applying for new jobs etc at the weekend.
Online benefits calculators all saying not eligable.

My rough budget per month looks like this:

Electric £49 - Water £14 - Bus pass £68 - Council Tax £68 - TV/phone/internet £31 - flat managment fees £38 - insurance £8

BTW: TV licence gone, mobile phone switched to PAYG and looking into better TV/phone/Internet deals, no subscriptions or club memberships.

MovingForwards

In all honesty, I would just whack it on the CC, if they take CC payments, then it's done. Stuff having the banks threats hanging over you when you have come so close to paying it off.

The £250 saved on mortgage, can then go straight onto paying the CC off.

Try your own bank for a loan, they have seen your history with them.

Whats_your_forte

Without knowing other debts, would Nationwide work? Their minimum mortgage is £5k and systems say you could get to £6k on a mortgage based on £8,400 without adding any other income.

silvercar

StillShallow said:

Whats_your_forte said:

If you are 50, then nothing to worry about.

The lender will look to help and simply restructure the remaining part of the mortgage on as repayment basis to your retirement age if needed as part of their TCF policy. It also fits their standard criteria

There *is* no remaining mortgage - it ends in 2 weeks - I've spent all day on the phone to Halifax and they've said they're not prepared to offer me any extentions / loans / remortgages / whatever.

Ask to speak to someone more senior. Put in a complaint that they are not following the TCF guidelines. That should at least give you some breathing space.