How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Jo C. Your Own Question
Jo C.
Jo C., Barrister
Category: Law
Satisfied Customers: 32086
Experience:  Over 5 years in practice
Type Your Law Question Here...
Jo C. is online now

our intrest only morgage expires in 2016 my husband is 72 im

Customer Question

our intrest only morgage expires in 2016 my husband is 72 im 63 we foster long term
we are in debt but are paying them off with penningtons we only have around i year to go
what can we do we want to take the girls with us but were told we could only rent private
but what happens when we get too old will they just put us both in home because i dont want that we are quite fit and healthy
Submitted: 4 years ago.
Category: Law
Expert:  Clare replied 4 years ago.
Thank you for your question.
I shall do my best to assist but I need some further information first.
How much is the house worth and how much is outstanding on the mortgage.
Customer: replied 4 years ago.

the house cost in 2006 185,000 i have a 125,000 morgage

Expert:  Clare replied 4 years ago.
What was the original plan for the repayment of the mortgage?