My partner and I both were made redundant as soon as we started a mortgage - As the title states, my partner (26) and myself (27) just took out a mortgage... We've moved into the new place but haven't even paid the first month yet and our workplace suddenly announced that we're being made redundant due to outsourcing our roles to an overseas office as Labor will be much cheaper there.
We both work for the same company, but we work in different teams performing slightly different roles. Now we're uncertain about how we're going to proceed with paying off the mortgage since we've only been working here for less than 2 years each and our redundancy payouts are quite small. We went right down to the bottom of the barrel to buy this house so savings are incredibly minimal. Does anyone have any advice or have you been in a similar situation?Personal Finance
My partner and I both were made redundant as soon as we started a mortgage - As the title states, my partner (26) and myself (27) just took out a mortgage... We've moved into the new place but haven't even paid the first month yet and our workplace suddenly announced that we're being made redundant due to outsourcing our roles to an overseas office as Labor will be much cheaper there.
We both work for the same company, but we work in different teams performing slightly different roles. Now we're uncertain about how we're going to proceed with paying off the mortgage since we've only been working here for less than 2 years each and our redundancy payouts are quite small. We went right down to the bottom of the barrel to buy this house so savings are incredibly minimal. Does anyone have any advice or have you been in a similar situation?
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