Thanks for your replies guys. I feel like I'm drowning tbh. Don't see how we could remortgage when my monthly payments on my credit cards are real...
Hi TDA, yes there is definitely around £75k equity. So worst case scenario is I will be entitled to £35k or so in equity from house which will go ...
Hi guys, Just reading through my post and answers as still battling away trying to pay minimum payments. I'm really worried about what is going to...
Thanks Kevin, yes that makes sense. The more I think about it I don't think a trust deed would work for me. I'm accepting that I made the debt so ...
Thanks very much for your patience and answering my queries.
Hi TDA, OK thanks for that. The main thing I'm really asking is that if I entered into a DAS or a trust deed, then in 18 months when our current ...
Hi Kevin, thanks for your reply. To be honest looking at all the options I'm thinking a debt repayment plan may be a better option. Personally I ...
Hi TDA, no that's ok. Our current mortgage deal is with Virgin so maybe they could offer a new deal or as you say the variable rate probably isn;t...
Hi all, me again... The value of our house is currently approx £175,000 and the remaining mortgage is approx £100,000 therefore leaving equity of ...
Thanks guys, Needless to say it was on a different forum and was from 2009. Maybe should've checked the date. I will have to speak to my wife and...
Thanks again for all your replies. I've been scanning forums all day and feeling a little more positive than I was and will probably be in touch soon...
Thanks for replying David, especially as you are on holiday. Yes it is a family home which is making things even worse. So for example if it was...
She earns enough to take on the current mortgage herself I would think but probably not to get a larger mortgage. I'm worried she would have to the...
Hi TDA, Thanks for your reply. The reason I ask is that as the debts are all mine and its me that's been so stupid. However my main objective i...