have 60k approx equity in my home. dh self employed and we are in about 25k debt, on a debt management plan. struggle to pay energy bills but have never missed a mortgage payment. we have a large house and would happily sell and downsize but would need to re-apply for a mortgage and wouldnt get one. so scared of giving up our home but sick of struggling week to week. should we cling on to our house or sell, get out of debt and rent?
Please or to access all these features
Please
or
to access all these features
Use our Cost of Living forum to discuss budgeting and energy saving with other users.
Cost of living
Preciousbane ·
04/10/2013 21:37
This reply has been deleted
Message withdrawn at poster's request.
Preciousbane ·
04/10/2013 22:43
This reply has been deleted
Message withdrawn at poster's request.
Don’t want to miss threads like this?
Weekly
Sign up to our weekly round up and get all the best threads sent straight to your inbox!
Log in to update your newsletter preferences.
You've subscribed!
Please create an account
To comment on this thread you need to create a Mumsnet account.