Income details
Net :Husband Jobseeker 110euro weekly
Income history: unemployed since 08' since small business failed, currently studying, finish in 6mths qualification should enchance job prospects.
Net income spouse: job seeker 322euro (includes 4 children)
Income history: unemployed since 08 small business failed
Amount of child benefit received 260euro( for our two children, other two live with us part-time, joint custody husbands children)
Amount of Mortgage Interest Supplement received: 25euro weekly
Personal circumstances so we can calculate your reasonable living expenses
One adult family or two adult family:2
Do you need a car for work or do you use public transport? yes
Number of children 0- 2 years old:1
Number of 3 years old children:
Number of 4 - 11 years old:2
Number of 12 - 18 years old:1
Monthly childcare costs:
Montly spend on special circumstances: 150euro, 4yrs old has special needs.
Home loan
Lender: Ulster bank
Amount outstanding: 180,000
Value of home: 100,00
Interest rate: svr 4%
Monthly repayment : currently paying 150euro pm but this reverts back next month to new repayments 800euro approx.
Amount in arrears : 2,500
Summary of discussions and agreements with the bank: always paid our mortgage for past 8yrs but 5mths ago it became difficult and currently we have a temporary short term arrangement "rescheduled payments" which ends next month but our circumstances have not changed and we need to approach the bank again to discuss extending this.
How important is retaining the family home to you?
Which of the following best describes your situation?
I really want to keep the family home even if it means having a large mortgage and negative equity for years to come...
Any other relevant information: Husband pays weekly child maintenance 50euro weekly (court order)
What is your preferred realistic outcome?
we want to discuss a long term realistic option with our bank but we are not sure of our options when approaching them
Net :Husband Jobseeker 110euro weekly
Income history: unemployed since 08' since small business failed, currently studying, finish in 6mths qualification should enchance job prospects.
Net income spouse: job seeker 322euro (includes 4 children)
Income history: unemployed since 08 small business failed
Amount of child benefit received 260euro( for our two children, other two live with us part-time, joint custody husbands children)
Amount of Mortgage Interest Supplement received: 25euro weekly
Personal circumstances so we can calculate your reasonable living expenses
One adult family or two adult family:2
Do you need a car for work or do you use public transport? yes
Number of children 0- 2 years old:1
Number of 3 years old children:
Number of 4 - 11 years old:2
Number of 12 - 18 years old:1
Monthly childcare costs:
Montly spend on special circumstances: 150euro, 4yrs old has special needs.
Home loan
Lender: Ulster bank
Amount outstanding: 180,000
Value of home: 100,00
Interest rate: svr 4%
Monthly repayment : currently paying 150euro pm but this reverts back next month to new repayments 800euro approx.
Amount in arrears : 2,500
Summary of discussions and agreements with the bank: always paid our mortgage for past 8yrs but 5mths ago it became difficult and currently we have a temporary short term arrangement "rescheduled payments" which ends next month but our circumstances have not changed and we need to approach the bank again to discuss extending this.
How important is retaining the family home to you?
Which of the following best describes your situation?
I really want to keep the family home even if it means having a large mortgage and negative equity for years to come...
Any other relevant information: Husband pays weekly child maintenance 50euro weekly (court order)
What is your preferred realistic outcome?
we want to discuss a long term realistic option with our bank but we are not sure of our options when approaching them