30-35k what to do?
Discussion
Evening,
Had account before but lost access (new email address etc)
So basically I will be receiving some funds within the next month or so. This will be from the sale of house as we are separated. I can't get a mortgage as I went a bit daft when we separated so went into a debt management plan/trust deed in Scotland, so obviously they are entitled to this money (any funds I receive they have rights over) so I will pay this from these funds.
I will then be left with 30-35k. As I won't be able to get a mortgage for a good few years, what are the best options do you think?
The payment is £250 per month but obviously I can't stay in the Trust deed for the full term as I have funds available, just not sure what do to with the cash to make it work best, as I will also be able to save £1500-£2000 per month due to being able to do overtime.
All suggestions welcome. Thank you
Had account before but lost access (new email address etc)
So basically I will be receiving some funds within the next month or so. This will be from the sale of house as we are separated. I can't get a mortgage as I went a bit daft when we separated so went into a debt management plan/trust deed in Scotland, so obviously they are entitled to this money (any funds I receive they have rights over) so I will pay this from these funds.
I will then be left with 30-35k. As I won't be able to get a mortgage for a good few years, what are the best options do you think?
The payment is £250 per month but obviously I can't stay in the Trust deed for the full term as I have funds available, just not sure what do to with the cash to make it work best, as I will also be able to save £1500-£2000 per month due to being able to do overtime.
All suggestions welcome. Thank you
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