Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • kazza292
    • By kazza292 8th Sep 17, 8:11 AM
    • 51Posts
    • 33Thanks
    kazza292
    Where do I start ?? Desperate for reasurrance.. SOA now attatched
    • #1
    • 8th Sep 17, 8:11 AM
    Where do I start ?? Desperate for reasurrance.. SOA now attatched 8th Sep 17 at 8:11 AM
    Here I am again.. 12 months down the line from when I last posted here..

    Been on a horrible roller coaster last 3 weeks as I have asked my husband to leave. He is living locally with his sister. Married 13 years he is 47 I am 43 daughter of 9.

    I am relieved our marriage is over as I was desperately unhappy as he was not willing to take our debts seriously , we have not slept with each other for over 10 years he is unable to communicate unless he has gin in his hand.. anyhow long story for another forum..

    I have amazing family who are very generous and will support me as much as they can.. My kind dad has reassured my ( when I was brave enough to tell him of my debts that he will do what he can to try and let me and my daughter keep the house, )

    My ex is now gutted his life is upside down but we have not argued and intend not to. Our debts are pretty hideous,,, although I have myself to blame I was once sensible with money I married not knowing of a £13000 consolidation loan he had many years ago which i added to my own mortgage when he left the navy.
    . I do feel I have been brain washed a little over the years as my husband reassured me our debts were fine... ( I know people wont all agree with this ) i Just want to point out that now I have control it feels very satisfying although scary that i can begin to budget sensibly without a gin bottle nearby !!!!..

    So as it stands now I really need your help to direct me as i start to issue divorce papers.....

    Myself and my dad have put together a budget outlined below.. I do intend to get rid of approx £4000 credit card debt by selling caravan ( dad bought us this ) husband has not put up obstacle for me to do this.. ( He has newish Mazda which I have suggested he sell to clear some of his debts but he was not keen on our initial chat the other day )
    My main worry is a good few months down the line when I hopefully will be in a position to ask the Nationwide if i can go alone on the mortgage is what my credit score will be ( i have not yet looked) and dread it if they turn me away so i would like your help to guide me on this.. ( I only put my husband on the mortgage 5/6 years ago when we re mortgaged to do our kitchen.. I /we have never missed payments but have only paid minimum on credit cards.


    I am a nurse

    Assets- House £103k mortgage approx value £145k ( My dad has said he will give him a percentage of equity if need be), although husbands words were the other day that he doesn't want to " screw " me and daughter
    Caravan/ Car as stated above
    Furniture/ white goods - husband not concerned about sharing these things.
    No savings

    Debts- MBNA CC- £2,470 Balance with £4,529 available
    HSBC CC - £ 4,792 Balance with £9 available
    Barclaycard CC - recent balance transfer took place leaving this empty with available balance of £8700. I have 0% deals on both active cards for 12 months minimum.

    Tesco personal loan £ approx £19000 settle figure £17500 ,APR 3.4 % 6 YEARS left pay £280 pm.. i completed a on line tool calculator with Nationwide and it gave me a sum of £80000 to lend mortgage wise on my own with this loan amount each month but when i reduced monthly figure to £150 it gave me £107,000 which would cover mortgage,.. my dad has said he could pay off say 5k off loan to help reduce payments for me. ( I have an amazing dad.. and feel so foolish )

    Overdraft £1000



    Monthly income/ outgoings that i would like my budget to be although I know it is perhaps a little tight ( mum and dad say they will help.. He has agreed to £250 pm maintenance for now until he looks at his figures !! GOV website indicates should be £ 70 PW,

    Salary £1750 with NHS pension
    Benefits £ 80 child benefit
    Maintance £ 250

    Total £2080

    Monthly outgoings ( 5 week month included )

    -Mortgage £590 fixed rate till 2019 ( cost me £1500 to leave deal)
    -HSBC Advance £10
    -Mobile phone £40
    - House insurance- £45
    -Car insurance £25
    -Petrol £50
    -Council Tax £100
    -Water- £55
    -Manweb gas /ele- £70
    -TV license £12
    -AOL/ Phone and broad band £ 25
    -overdraft cost £10
    -Loan- £280
    -mbna cc - £25
    -Hsbc cc £120
    -clothes -£30
    - Hobbies daughter - £60
    -Hobbies me £20-
    -Holidays £30
    -xmas /birthdays- £40
    -food and drink 300
    - Car servicing-/mot £30
    -Emergencies £20
    -Hair £15
    -Dentist £10
    - School club £70


    tOTAL £2082

    I hope this makes sense and i can be saved obviously i realise that i may well need to sell the house but desperately don't want to do this
    I not entitled to any other benefits when i enquired.. My credit card with £120 minimum repayment i hope to clear when sell caravan and use this to pay off other credit cards each month

    Thanks again for any help you may have for me
    Last edited by kazza292; 09-09-2017 at 10:17 AM. Reason: word change
Page 3
    • kazza292
    • By kazza292 12th Sep 17, 9:25 AM
    • 51 Posts
    • 33 Thanks
    kazza292
    i have reduced house insurance to £19 pm and spread counciltax on 25% reduction over 12 months.. thanks for all your help
    • fatbelly
    • By fatbelly 12th Sep 17, 11:19 AM
    • 11,528 Posts
    • 8,661 Thanks
    fatbelly
    I have looked back at old letters.. The conveyancing team sent me correspondence about our Remortgage and Transfer of Equity back in 2011, I am hoping that the attatched land registry which does say he is the registered proprietor is more of an add on to the original
    Originally posted by kazza292
    I thought you'd done a £3 title register search? Make sure you use the genuine portal

    https://www.gov.uk/search-property-information-land-registry

    As long as you are mentioned there, you're at least a joint owner.
    • kazza292
    • By kazza292 12th Sep 17, 12:30 PM
    • 51 Posts
    • 33 Thanks
    kazza292
    i am confused.. I am not mentioned on this , I did it like you said paying £3.. when i google transfer of equity it says this means adding or removing someone from register so was relived when i read this as this is what my paper work says was requested
    • fatbelly
    • By fatbelly 12th Sep 17, 1:07 PM
    • 11,528 Posts
    • 8,661 Thanks
    fatbelly
    Unless I'm missing something, where a property is jointly owned, both names should appear on the register

    You can ask the Land Registry about this either in a public forum or as an online question here

    https://support.landregistry.gov.uk/landregistry

    They usually manage a same-day reply. I'll be delighted to be reassured that you have nothing to worry about.
    • kazza292
    • By kazza292 12th Sep 17, 1:27 PM
    • 51 Posts
    • 33 Thanks
    kazza292
    I have just sent them a message . Thanks
    • theoretica
    • By theoretica 12th Sep 17, 6:20 PM
    • 4,921 Posts
    • 6,148 Thanks
    theoretica
    i have reduced house insurance to £19 pm and spread counciltax on 25% reduction over 12 months.. thanks for all your help
    Originally posted by kazza292
    I like those sort of savings, less money spent but without cutting back on your quality of life. Good start!
    But a banker, engaged at enormous expense,
    Had the whole of their cash in his care.
    Lewis Carroll
    • kazza292
    • By kazza292 14th Sep 17, 8:58 AM
    • 51 Posts
    • 33 Thanks
    kazza292
    Dear k

    (omg massive Thanks to Fatbelly for making me press on with this and get to the bottom of it i have just had a repsone back ,makes a bit of sense now)



    Thank you for bringing this error to our attention.
    I am sorry for the error made by HM Land Registry in completing the original registration and for the inconvenience caused.
    I have corrected this and an updated copy of the register will be sent by post tonight.
    Yours sincerely

    D *********
    HM Land Registry
    Last edited by kazza292; 16-09-2017 at 10:50 AM.
    • theoretica
    • By theoretica 14th Sep 17, 9:01 AM
    • 4,921 Posts
    • 6,148 Thanks
    theoretica
    Dear .....

    (omg massive Thanks to Fatbelly for making me press on with this and get to the bottom of it i have just had a repsone back ,makes a bit of sense now)



    Thank you for bringing this error to our attention.
    I am sorry for the error made by HM Land Registry in completing the original registration and for the inconvenience caused.
    I have corrected this and an updated copy of the register will be sent by post tonight.
    Yours sincerely

    D *********
    HM Land Registry
    Originally posted by kazza292
    That is great news! Well done.
    Last edited by theoretica; 15-09-2017 at 6:05 PM.
    But a banker, engaged at enormous expense,
    Had the whole of their cash in his care.
    Lewis Carroll
    • fatbelly
    • By fatbelly 14th Sep 17, 4:39 PM
    • 11,528 Posts
    • 8,661 Thanks
    fatbelly
    Good - just a mistake easily corrected

    Thanks for the pm
    • armchairexpert
    • By armchairexpert 15th Sep 17, 5:57 AM
    • 692 Posts
    • 4,474 Thanks
    armchairexpert
    I'm so relieved that this is an error and you are joint owners! May I suggest you edit your post above, which has your real name in it?
    MFW diary here. 1 Feb 2017 $229,371 - MFD Feb 2043 aiming for May 2028
    14 August 2017 - Refinanced: $220,000
    October 2017 - $216,963.86 Current MFD 31 July 2035
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

5,205Posts Today

6,369Users online

Martin's Twitter