That in worse case scenario, the flat is repo'd. I would then be left with a hefty debt to the lender of say 20k plus the 10k secured loan. How would I pay this if I didn't have earnings or savings (which I definitley don't). What would happen in that instance. It scares the life out of me... And th...

Hi Melanie

Many thanks for your post - I'm sorry I haven't come back earlier - I had to wait for your IT people to enable me to log on.

Anyway, yes to B - lasted 6 months and was discharged March 07.

Thanks again, I await any advice you can give me.

With kind regards,

Jessie

Hi, I'm in a real fix and would welcome any help please. My lender has agreed in principle to my letting my flat out as I couldn't sell it and cannot afford the mortgage. I will have to make up the shortfall and pay £25 p/m toward arrears. However, I am currently out of work - my last contract (temp...