To cut a long story short, me and DH are jobless, he is signing on and I am not as SAHM.
He has just started the signing on process and we have had one letter telling him he is getting £100 job seekers allowance and they may want to interview me regarding work.
What if anything, do they pay of your mortgage? We have got the mortgage down by half for three months. DH got no redundancy pay, so we literally are living off a few hundred pounds we had saved which is due ti disappear very soon.
no the benefits agency will not pay your mortgage. they pay rent if you rent, but not mortgages. it's a bit unfair, but i suppose it's the risk you take. does your mortgage not have payment protection insurance?
RE: big debate, I was just making it clear, that I don't want my personal situation picked over, just a simple answer to a simple question, to warn of some MN's who lurk on the boards and can't resist a nasty snipe or two.
RE: "Serioiusly, why would you?"
Because you've been made redundant with no pay and you are looking for another job and you have no income at all at present. And having worked for 23 years no stop and paid all taxes and NI. As opposed to being a lazy arse and doing fuck all year after year.
RE: payment protection
We swtiched our mortgage a year ago and found that hardly any lenders offered payment protection any more due to the ecomonic climate.
What's all the stuff about mortgage help in the papers then? Or am I hallucinating?
No. Even if you are seriously ill and cannot work you will not get any help from the state until you have been ill for 6 months. You will not get any help with mortgage payments unless you have taken out specific insurance.
Some banks/building societies will let you take a mortgage holiday or reduce your payments, but you need to contact them straight away.