Please help anyone, im going mad tonight, just had enough of stupid ex i have FH next Thursday we have put in an offer of £250K to rehouse myself and children and pay off credit cards ex proposed 200k but today recieved letter from his solicitor stating that he has had a financial assessment, i havent worked in 18 years got 3 children 17,13 and 7 got a medical condition hes always worked in banking today enclosed was a mortgage valuation for myself somebody suggested that i could get mortgage !!!! havent worked in 18 years i claim benefits children tax credits and child benefit and very recently ESA becAUSE I am unable to work also i have £30K in solicitors debts apparently i could obtain mortgage because i will receive child maintenance £1100 a month and spousal maintenance £500month solicitor was pushing for mortgage free house im going mad surely this cannot be suggested i would be effectively paying mortgage with benefits and maintenance/Spousal please please help xx
I don''t think many lenders would be very keen on lending money if you don''t have a job. Your child maintenance and child benefit will reduce very soon and stop all together eventually.
It might be worth speaking with an IFA to see if they could offer a mortgage
I had a FDR couple of months ago the judge suggested if I had enquired about getting a remorgage.I was allso on benefit income.My solicator had stated that I was on benefits,but judge seemed to think I could get a loan!I enquired to a few banks and managed to get a letter from one stateing "unable to give loan to costomer as costomer is on benefits"
I presented the letter at final hearing and that was the end of the morgage capacity argument.If you can get a letter from your bank that ought to help.Goodluck for the final hearing.
Go into any Estate Agents and see their mortgage advisor, take in all your financial details, as much info as you have and also your ID etc and they can do an illustration which I am sure will show that you would be unable to secure a mortgage without a job and then give you a print out of that illustration
Going into an Estate Agency will ensure that you will be able to get an appointment to see the advisor pretty quickly and most have a large range of products they can look at for you so will save you the hassle of dragging round a couple of banks or building societies