HI.. IM NEW HERE..AFTER TAKEN LOTS OF ADVICE READING SOME OF THE POSTS ON HERE..AND DRINKING LOTS OF COFFEE...BOTH ME AND MY WIFE HAVE DECIDED TO GO BR..WE HAVE AROUND £50.000 ON CREDIT/STORE CARDS £2.000 ON A OVERDRAFT..£6.000 ON LOANS AND A TERRIBLE MORGAGE WITH THE DREADED NORTHERN ROCK..THE HOUSE IS THE MAIN REASON FOR THE QUESTION..WHEN MY WIFE WAS PREGANANT WITH OUR FIRST CHILD.(SHE NOW CARRYING NO 2)WE BOUGHT THE HOUSE IN WHICH WE LIVE..WE GOT A NR TOGETHER MORTGAGE..COST OF HOUSE £87.000 PLUS THE LOAN £25.000.WHICH RUNS ALONG SIDE THE MORTGAGE...(SO HERE WE GO)WE HAVE LIVED HERE FOR 3 YEARS (WE HATE THE PLACE) IT'S NOW WORTH £70.000.WE WANT TO GIVE THE HOUSE BACK TO NR..(VERY BAD NEIGIBOURS WEVE HAD ENOUGH).WE HAVE FOUND A PRIVATE RENT WHICH WILL BE READY IN 2 MONTHS.. Q1 CAN I GIVE THE HOUSE BACK AND ANY SHORTFALL GO ON BR.. Q2 DO I KEEP KEYS FOR OR OR SEND TO NR. Q3 DO I STILL HAVE TO PAY COUNCIL TAX/BUILDINGS INSURANCE..AND IF SO FOR HOW LONG... Q4 HOW LONG CAN I STAY BEFORE REPOSS.ALL SO NO LONGER PAYING CARD PAYMENTS. HOW LONG BEFORE I GET BALIFFS/DEBT COLLECTION...SHOULD BE GONE IN 2 MONTHS. Q5 SHOULD I REDIRECT MAIL OR NOT..
WE REALIY WANT RID OF THIS HOUSE..WE FEEL SO MUCH BETTER WITH TAKING ADVICE IT'S LIKE A LIGHT AT THE END OF THE TUNNEL THANKS...................
Hi.. I'm new here..
Posted - 02 August 2009 : 13:40:37
