Age:
44
Annual net income from employment or profession:
€14,400
Type of employment:
Self Employed
Rough estimate of value of home
Mortgage €380,000 Current Value: €190,000
Other borrowings – car loans/personal loans etc
€180.00
Savings and investments:
No savings. Land that is in negative equity.
Do you have a pension scheme?
No
Do you own any investment or other property?
Yes. Land, value approx. €60,000. Mortgage approx €115,000. Interest rate 2.1%. Mortgage on land is approx. €210.00 per month.
Ages of children:
None
Life insurance:
Yes
What specific question do you have or what issues are of concern to you?
Neither my home loan provider or the investment provider will allow me sell either property or land as both are in negative equity. I am avoiding bankruptcybut as you can see the figures are looking dismal.Also just to mention I am in €21,000mortgage arrears.
Budget
600.00 Rent/Mortgage (Reschedueled payments under marp agreement)
50.00 Bord Gais
40.00 ESB
20.00 Mobile phone
180.00 Loan
230.00 Food
60.00 House Insurance
15.00 Life Insurance
210.00 Mortgage on land
Income
1200.00 Salary
44
Annual net income from employment or profession:
€14,400
Type of employment:
Self Employed
Rough estimate of value of home
Mortgage €380,000 Current Value: €190,000
Other borrowings – car loans/personal loans etc
€180.00
Savings and investments:
No savings. Land that is in negative equity.
Do you have a pension scheme?
No
Do you own any investment or other property?
Yes. Land, value approx. €60,000. Mortgage approx €115,000. Interest rate 2.1%. Mortgage on land is approx. €210.00 per month.
Ages of children:
None
Life insurance:
Yes
What specific question do you have or what issues are of concern to you?
Neither my home loan provider or the investment provider will allow me sell either property or land as both are in negative equity. I am avoiding bankruptcybut as you can see the figures are looking dismal.Also just to mention I am in €21,000mortgage arrears.
Budget
600.00 Rent/Mortgage (Reschedueled payments under marp agreement)
50.00 Bord Gais
40.00 ESB
20.00 Mobile phone
180.00 Loan
230.00 Food
60.00 House Insurance
15.00 Life Insurance
210.00 Mortgage on land
Income
1200.00 Salary