First of all if you are taking the time to read this then thank you. I am 25 years old and live in the UK. Due to a series of unfortunate events I am setting up this donation request in a desperate attempt to help me and my family’s current living situation. I live at home with my mum, dad and sister. My dad is 65 years old and the main earner in the house and cannot afford to retire, me and my sister both work and give 90% of everything we earn to the house (my dad feels guilty about taking all our money and insists we keep some for ourselves) – I currently am only on 8 hours a week which is not what I want but I live in a small town and good jobs are hard to come by, even with my degree, not to mention that I struggle with social anxiety disorder and depression which has made looking for work difficult. I have been trying to help the financial situation by selling things on eBay and taking art commissions when I can, but it just isn’t enough.
My dad works in financial services but for the past ten years, since the credit crunch and recession, has not been lucky in his work, with the companies he has worked for making him redundant, not paying him properly and acting in an underhand way. I feel so bad for my dad.
Anyway all of this has basically culminated in my dad getting in to a huge amount of debt, and he can’t use the charities or debt solutions on offer because they affect your credit record and as he works within the financial sector he would lose his job if they found out as you can’t have a bad record and be employed to give out professional financial advice ! So he is stuck. The whole family is stuck. We do not have family members we could ask to lend/give us the money and my dad would probably be too proud and ashamed to ask anyway. We have had a bad few years with my dad’s younger brother dying unexpectedly a few years ago, and mental health problems within the family.
The borrowed money of the debt has been taken against the house, meaning if we can’t pay it back we could lose the house that we have lived in for 25 years. The amount to be repaid is £100,000, which is more money than I will probably ever see in my life. I do not expect to raise that much from here, however much I wish some generous, wealthy, philanthropist would see this and donate the money. The plan is to do equity release, which will be based upon a valuation of the house, and then somehow find the money for rest. My dad has looked in to it and thinks we may be able to get approx £70- 80,000 from doing this, but there will be a shortfall that will need to be made up. The catch is though, for us to get the most money we can out of the equity release, the house needs to value up at the highest it could be – but since we have been in financial difficulty for many years, we have had to neglect the maintenance of the house meaning many things in the house could let the house down on inspection. These things include; chimney breast damp, leaking shower which has ruined the room below’s ceiling and the adjacent room’s floor boards , leaking fridge/ bad drains smell in the dated kitchen, fogged up double-glazed windows, bedroom furniture falling apart, bare floor boards in bedroom as the carpet had to be ripped up due to a carpet cleaner damaging the carpet, electric sockets that don’t work, mold on walls, and other things that I am just so used to now I can’t remember to even mention.
Any and all money anyone is able and willing to donate would be used wholly to sort out this debt/ house situation and frivolous, fun things like holidays and treats cannot even be considered. I realise I have written a lot and if you have read all this then I truly thank you and I appreciate it. I just want to help my family and feel safe in my home and get out if this debt hell. To donate: paypal.me/snailhope