Response to Negitive mortgage how do i move on

Brian,

You could try contacting a housing association in your area (there may be a regeneration program operating) and come to some arrangement, or perhaps the local council may be able to help (sometimes they operate special schemes whereby you can buy a percentage of a property and rent the rest & gradually buy it all). I would also check that you haven't got a projected mortgage shortfall with your endowment policy. There is a time limit in which you can apply for compensation, which I believe runs from the first red advice letter (see the Consumer Association's web site for full details). Good Luck and have a Happy Christmas even if it is a bit cramped.

Mark.

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