Sorry for the long post, just want to give a bit of background.
I am in a bit of a mess financially, I've got (unsecured) debts which due to a major life changing situation I can no longer pay. I've been dealing with CCCS and have got agreements in place for paying a nominal amount back to them each month until my situation changes (although this is likely to be years rather than months).
I am a homeowner with a mortgage, so far I have managed to stay up to date with my mortgage however I'm really struggling. I have looked to see how much similar properties are selling for, and they are pretty much exactly what I paid as they were new build when I bought a few years ago so can compare exactly with my property. I could sell, but would literally just repay the mortgage and wouldn't have any equity to repay my debts so situation with them wouldn't change.
If I sold, obviously with the debt problems I couldn't buy another property. Rent in the area is higher than my monthly mortgage repayments, and I am not eligible for housing benefit, so would be worse off by doing this.
My question is, would I be able to apply for a council / housing association property while still owning my own home? I would happily put it on the market, but couldn't sell without somewhere else to move to, or would I not be considered while I've still got my name on the deeds? I know a few people who have got houses locally, who have waited a few months rather than years, so I know the waiting list locally isn't too long.