A 13-year-old boy has left his mother heartbroken after he considered finding a job to help with rising mortgage costs.
Single mother Lizzie Devine, 37, took out a mortgage on Northern Rock with her ex-partner in 2007 – whose collapse that same year led to her nationalization in 2008.
Her debt restructuring efforts were turned down after she was deemed “at risk” for having a child.
Ms Devine, who was a school inclusion officer during the week and a social worker at the weekends, had a mortgage rate of 4.88% with payments of £584, which has now risen to 5.38%, allowing her to make monthly payments of £648 had to pay.
The 37-year-old said she has considered herself a “mortgage prisoner” for 13 years and fears she will soon be paying over £700 if interest rates rise – an amount her family can’t afford.
Her son Lewis has now offered to take a job to ease his mother’s worries.
Ms Devine said: “A 13-year-old shouldn’t be made aware of the fact that mum can’t get him ice cream on Sundays,” said Ms Devine, from Tamworth, Staffordshire, of her son Lewis.
“He wants a job so he can help – a 13-year-old shouldn’t want a job so he can help, he should want a job so he can spend money on mini-golf or something.
“He can see that I’m struggling, he can see the extra shifts and things like that I have to do every weekend.
“He’s noticed that his friends at school are going without things (too) compared to last year.”
Ms Devine said her current mortgage lender was inactive and had her “stuck” with ongoing payments.
She pays Lewis to visit the cadet camp every few months, which costs £15, but said he now wants to wash cars, clean windows or sell items on eBay to raise the money himself so his mother can meet the rising costs.
“He even says, ‘I’m not going, don’t worry,'” Ms. Devine said.
‘(I say), ‘The reason I do it is so you can have a life. That’s important to me’.
“A child must have things, it must discover things.
“He feels bad asking me for stuff now and he just accepted that’s life. I don’t want this for him… It’s heartbreaking.’
A last resort for Ms. Devine is to sell her home.
“But private renting is a ridiculous amount of money,” she said.
“And we’d have to get rid of the dog… you can’t rent and have a pet in most places.
“It would ruin my son completely.”
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https://metro.co.uk/2022/10/01/boy-13-leaves-mum-heartbroken-after-getting-job-to-help-with-costs-17486612/ Boy, 13, leaves his heartbroken mother after landing a job to help with expenses