this is partly a crie de cour and partly a moan . I have a small second mortgage with melbourne mortgages for around £15000 (Property value 260 000, equity 150, 000) but have no money to pay currently . We havenot paid them since june as we have been let down by tenants over rent and repaying a wonga loan . I dont want them to get a repossession order, as they are are likely to get aggressive and go for a reposession again if we miss a payment again inthe future. I cant ask my family for money as i recently borrowed over £3000 to pay the arrears on the main mortgage.
I want to know what to do next seliing up seem a bit desparate and a broom cupboard in this area (Cambridge) goes for 100k .
ANy bright Ideas gratefully recieved. Our credit rating is a mess so it's unlikely we can borrow form anyone .
Thanks
I want to know what to do next seliing up seem a bit desparate and a broom cupboard in this area (Cambridge) goes for 100k .
ANy bright Ideas gratefully recieved. Our credit rating is a mess so it's unlikely we can borrow form anyone .
Thanks
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