do you get anh help with your morgage if you're made redundant and you don't have redundancy insurance?

(3 Posts)
ssd Fri 25-Feb-11 21:25:12

thats it really

have a repayment mortgage

OP’s posts: |
Ben10isthespawnofthedevil Fri 25-Feb-11 21:34:49

It depends on whether there is any other household income. We didn't qualify as I was still working but I believe that you can claim mortgage relief (the mortgage equivalent of Housing Benefit) after 13 weeks if you qualify. The job centre will be able to let you know more if required

Ben10isthespawnofthedevil Fri 25-Feb-11 21:36:21

Here you go

They will only pay the interest by the way so you will have to ask the lender to put on you on interest only. They also pay at a standard rate of interest of 3.63% so if your rate is higher than that you will have to cover the difference.

Join the discussion

To comment on this thread you need to create a Mumsnet account.

Join Mumsnet

Already have a Mumsnet account? Log in