Age: 30
Spouse’s/Partner's age: -
Annual gross income from employment or profession: unemployed
Annual gross income of spouse:-
Type of employment: IT, but want to try something new
In general are you spending more than you earn or are you saving? Not when i was employed, but I will be now that I have lost my job
Rough estimate of value of home 195000
Amount outstanding on your mortgage: 150000
What interest rate are you paying? 4.83% fixed for 1.5 more years
Other borrowings – car loans/personal loans etc.. no other loans
Do you pay off your full credit card balance each month? Yes
If not, what is the balance on your credit card?
Savings and investments:6500
Do you have a pension scheme? yes but have not paid in , and it is worth only 3500 at the moment when I hit 65
Do you own any investment or other property? yes
Ages of children: no kids
Life insurance:yes
My main problem now is unemployment I think I can go a year unemployed if it happens after that the debt will start coming,
I just want to ask people do they think I should sell up of try my best to hold on to my properties
Spouse’s/Partner's age: -
Annual gross income from employment or profession: unemployed
Annual gross income of spouse:-
Type of employment: IT, but want to try something new
In general are you spending more than you earn or are you saving? Not when i was employed, but I will be now that I have lost my job
Rough estimate of value of home 195000
Amount outstanding on your mortgage: 150000
What interest rate are you paying? 4.83% fixed for 1.5 more years
Other borrowings – car loans/personal loans etc.. no other loans
Do you pay off your full credit card balance each month? Yes
If not, what is the balance on your credit card?
Savings and investments:6500
Do you have a pension scheme? yes but have not paid in , and it is worth only 3500 at the moment when I hit 65
Do you own any investment or other property? yes
Ages of children: no kids
Life insurance:yes
My main problem now is unemployment I think I can go a year unemployed if it happens after that the debt will start coming,
I just want to ask people do they think I should sell up of try my best to hold on to my properties