trancebabe asked:
As the Madeleine fund is paying the McCanns mortgage and living expenses I am interested in finding out how much of the money that was donated by good people to HUNT for Madeleine and leave no stone unturned is being diverted from this to pay the mortgage on the McCanns 600,000 pounds house and I wonder how long this situation will remain.
As the Madeleine fund is paying the McCanns mortgage and living expenses I am interested in finding out how much of the money that was donated by good people to HUNT for Madeleine and leave no stone unturned is being diverted from this to pay the mortgage on the McCanns 600,000 pounds house and I wonder how long this situation will remain.
The house is worth 600.000 pounds not the Mortgage!
couldnt give a monkeys what they spend it on…….did you contribute yourself ????????????mmmmmmmnnnnnnnnn????????
So why do you give a f uck…………
well i think, whilst that fund was set up to find madeline, I think it should cover things like their mortgage, after all, what are they both supposed to do….go back to work. The jobs they both do are very responsible jobs i.e. life saving jobs, how can they go back right now and do operations or diagnosing health problems when their minds are not on the jobs in hand. if the fund has been set up by the public to help out the mccans in whatever form it may be, i do not think we are the ones to start picking out what it should cover and what it should not.. I think that would be mean. They need to do whatever it takes to find her and that is not going to happen if they both have to go back doing jobs, and it loses public interest.
It was a very clever scam. I knew it was about money and not Madeleine.
dont no but i hope they find maddie alive and soon
No shame those two eh?
they are most likely also both still being paid – NHS medical staff have employment contracts which cover compassionate leave for up to 12 months with full pay, and partial pay thereafter, and also entitled to 6 months sick leave on full pay. includes eg, stress, etc….
what do you think would happen if it was reported on the BBC news or GMTV that the Publics money from the Madeleine Fund were paying the McSpinCanns mortgage payments? What a complete fiasco and rip off of the general publics generosity and hard earned cash..
Some people are still not even aware that is not a charity either. The McCann Camp did not bother to publise that fact either in all their TV campaigns (therefore misguiding the public into making contributions! as everyone presumes it was set up as a Charity Fund) – not a McCann Family Holiday Fund and get rich quick campaign.
I also notice the McCann official website has not updated the fund amount in over a month? How convenient……..
The repayments on a mortgage of £600,000 on an interest only basis at 6% is £3,000 per month. If the mortgage is a repayment mortgage then this will rise to at least £5,000.
The fund should not be used to pay for their mortgage – people contributed to that fund on the basis it was going to be used to help find Maddie not fund their family outgoings.
Not sure. We don’t figure mortgage payments by the weight of the house.
I never contributed to the fund in protest of the child neglect aspect of this case. In my eyes, the parents contributed to her fate, and the possibility is there that they did much worse than abandon 3 children under the age of 4 in an unfamiliar holiday apartment. Whatever comes of this case, I think the parents are neglectful and should carry some of the blame.
As for their mortgage, I haven’t a clue how much it is and I don’t really give a toss either. If people were stupid enough to contribute to a fund which is not a charity and specifically states that it will help the parents financially, in the full knowledge that the parents abandoned the children in the first place, then I think they should have thought of how their money would be wasted earlier in the day. Don’t you?
At an interest rate of 7.75% over a term of 25 years the repayments are £4584.32 per month. It is unlikely that this is the amount that they are paying though as the mortgage repayable does not always represent the value of the house – they may have bought the house at a much lesser value, and the price may have risen. Assumin they both earn in excess of £50k, their joint income is likely to be in excess of £100k, so their actual mortgage repayments could well be approximately half the amount above (£2292.16 per month), although this of course is speculation – they may have received a lump sum from their parents etc to reduce their mortgage.