Thanks for that Sillygirl1. However, would you think it would be possible to change the existing mortgage for 165K for one that is only 120K, for example?

I have a primary (now interest only because of the need to cut expenditure) mortgage of 165K with a well-known building society and a secured loan with Welcome Finance of 15K. I am 60 years old and earn enough money to service the above but in a few years' time my income will be reduced to about half of what I get now. Is it possible to downsize and thus reduce my mortgage outgoings even though a Possession Order was granted against me for mortgage shortfall during financial difficulties four years ago. Since then my repayments have been kept up to date and my children have now grown up and moved out. I am not sure where to start........so thanks for any advice