Thanks for the advice Richard and Terry.  Glad to hear we are not the only ones in this situation.  My husband met with his bank's senior financial planner yesterday and she is going to work with us to restructure our loans and we will have regular meetings with her over the next year to help us move forward.  Thanks again. Kym

I should clarify, I don't have zilch income, just the rent from my IP, but I can't offset this against anything as I don't have any wages.  And my husband is (rightfully so) not too happy about paying for renovations to my property which he can't claim against his own tax.