I got my house valued at €110,000 and the balance on the mortgage is €135,600.
I rang the council to see if I could sell the house and pay off the rest of the debt in installments. I was told no pretty much.
I can't rent the place as the area I live in is already saturated with rental properties. I can't afford the mortgage as I've lost my job.
The house is in joint names and the other person on the mortgage is refusing to have anything to do with the house. He says he doesn't want to move back in. (He lied to his wife about it. It's a long story).
I myself have a baby and I need to get out of this place. ( It's a mile and a half away from the train station, too small and I have no family out here and before anyone points out that I should thought about all that in the first place, at the time it seemed like the right move. My ex-partner had a car and it was easy to get around. Plus we were going to be married but things didn't work out.)
Has anyone else been in a similar situation?
I rang the council to see if I could sell the house and pay off the rest of the debt in installments. I was told no pretty much.
I can't rent the place as the area I live in is already saturated with rental properties. I can't afford the mortgage as I've lost my job.
The house is in joint names and the other person on the mortgage is refusing to have anything to do with the house. He says he doesn't want to move back in. (He lied to his wife about it. It's a long story).
I myself have a baby and I need to get out of this place. ( It's a mile and a half away from the train station, too small and I have no family out here and before anyone points out that I should thought about all that in the first place, at the time it seemed like the right move. My ex-partner had a car and it was easy to get around. Plus we were going to be married but things didn't work out.)
Has anyone else been in a similar situation?