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Estranged husband handing keys to house back to bank

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Comments

  • neas you are 9 years younger than me, not 5-6. Usually for adults this doesnt make much difference in behaviour. However in your case you seem to be behaving like a brat so if the cap fits...

    I havnt sugar coated anything, in my first post (posted 30 mins after i had the news via email from my ex) i put the bare facts in order to get some immediate help. I have so much to deal with, a divorce, no money, reposession, an ex who isnt interested in seeing his children as he is more interested in punishing me (?) which is a whole other story, i work, i am raising two children and i run a home. I think i deserve to be treated with a little more respect even by complete strangers who have little compassion in their hearts.

    Really, why are you posting on here? You dont even pretend to offer any advice or help. I'm trying my best to ignore your posts but really you are adding to my anxiety levels and its not doing me any good. Thank goodness there are some kind and sensible people on this forum who are prepared to use their personal time to post advice and comfort to me instead of the crap you send. Go and seek attention elsewhere as you wont be getting anymore off me.

    Thank you lisa lou and savvy sue for your advice.
    Claire
  • 46k does sound a lot for a house bought in the north of england over 20 years ago. Probably not as working class as you make out. In fact I've yet to meet anyone that introduces themselves as being working class that actually is.

    One thing that is clear - you're an idiot and not a very nice one at that.

    Continue to post if you must but bear in mind that every time you do you show yourself in a worse and worse light.
  • mbga9pgf
    mbga9pgf Posts: 3,224 Forumite
    confused31 wrote: »
    So how much does a 3 bed roomed house cost where you live??, why dont you then?? instead of renting??

    Mind you first time buyers are struggling to get mortgages, have you tried getting one you might be surprised what rate they offer you. infact the deals are rubbish, unless you pay a massive fee.

    Them houses must must be well cheap, anyway good luck and have a nice life.

    confused
    Confused, you need to get your head out of your rectum mate. And learn how to spell. Anyways, someone with a 30% deposit will not struggle to get a mortgage at the mo. All I am hearing is complete vitriol from someone who sounds as if they have a slightly green tinge about them... of jealousy.

    I am a First Time Buyer, by Christmas I will have a 40% deposit and believe me, I wont be struggling to find a 10 year fix at around 4% at that stage. I have just found fixed rate deals @ 4.7% with a 400 pound arrangement fee. Hardly Crippling.
    I am a similar age to the other poster by the way. Just because your utopia of ever-rising house prices funding your pension did not work out for you doesn't give you an excuse to post such rubbish on this forum. :rolleyes:

    Clairobelle, go and get professional advice from the CAB and get in touch with the Child support organizations to find out the true facts. Not some guff posted by bored people on the internet. Get it in writing and use it in your divorce settlement to squeeze every penny out of your former OH. Don't settle because you want to be done with it. You will live to regret it. In law half of the pension is yours. It sounds to me as if he is using this whole fracas to avoid having to split it with you. My personal advice to you; dont let him get away with it. Good Luck.
  • neas
    neas Posts: 3,801 Forumite
    Im sorry if i speak my mind,

    I'm not having a go, im simply stating the truth... the equity withdrawal was used for something, debt removal, holidays, new car etc.... as the op hasnt mentioned the details i call it like i see it.

    It is simply a fact it would've been a lot easier without MEWing, as it would've been a quick sale, both could rent elsewhere etc.

    And i might add, in this thread I have not used derogatory terms, names or tried to get around the language filter as some other users have resorted to. Pot, kettle, black ? I could also go on about ageism, how by my age I am perceived as less wise or less etc. Flawed logic, a gambling addict with no home, no family and no future at 50 isnt wiser than a 20 year old who holds down a job and saves money.

    I do feel for you OP that you have alot of problems going on, and i dislike your husband from your posting as he should 'man up' a bit instead of leaving you in the lurch..


    As for the 46k house, it was worth 46k when I was 10, 90's time, i think they bought it for less than that 14 years earlier.

    As for what I don't buy a house with my deposit now? Why would I buy something that is losing £1000-£2000 a month when i pay £500 a month to rent somewhere... surely I am at least £500 better off each month by not taking on a huge mortgage? Waiting to buy when houses are cheaper.

    Saving myself and family anguish and torment of buying an overpriced asset?

    I will continue to post whenever and wherever as this is a public and free forum, I have been consistent and have not been 'shouted' down, sometimes Im quite 'harsh' and 'rough' but most of the times I have a valid point... just most people are too cuddly feely to say it.
  • confused31_2
    confused31_2 Posts: 1,272 Forumite
    I think whats happened with neas, his he thought he was going to buy a house this year, but then he realised that with his 30% deposit, 30,000 pound he could not get the best deals as the banks like hsbc, nationwide and most of the others are only offering the best deals to people who have 40% deposits, thats why he his saving for 40% now, which he should have next christmas.

    The thing is he thought with his 30,000 pounds deposit he was going to get the best rates, but in reality now you need a 40% deposit to get the best rate so with his 30,000 pounds saved to get the best deal he could only borrow about 70,000 pound.

    Thats why he his upset because he has been saving and because the banks have been reckless in the past, he has become a victim of everyone elses borrowing, thats why he his having a go at people because he his frustrated.

    Hes probably looked for a mortgage and the best rate he will get with his 30% is near 6%, i can understand a little bit of how he his frustrated, but thats life and he just needs to get on with it.

    confused
    I am not a Mortgage Adviser
    You should note that this site doesn't check my status as not being a Mortgage Adviser, so you need to take my word for it. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • neas
    neas Posts: 3,801 Forumite
    confused31 wrote: »
    I think whats happened with neas, his he thought he was going to buy a house this year, but then he realised that with his 30% deposit, 30,000 pound he could not get the best deals as the banks like hsbc, nationwide and most of the others are only offering the best deals to people who have 40% deposits, thats why he his saving for 40% now, which he should have next christmas.

    The thing is he thought with his 30,000 pounds deposit he was going to get the best rates, but in reality now you need a 40% deposit to get the best rate so with his 30,000 pounds saved to get the best deal he could only borrow about 70,000 pound.

    Thats why he his upset because he has been saving and because the banks have been reckless in the past, he has become a victim of everyone elses borrowing, thats why he his having a go at people because he his frustrated.

    Hes probably looked for a mortgage and the best rate he will get with his 30% is near 6%, i can understand a little bit of how he his frustrated, but thats life and he just needs to get on with it.

    confused

    Again... if you'd know from my usual posts I've been calling House price crashs of 30% since april 2008.... back when the banks would lend on 5% deposit.

    My intention from the start has been to save as much as possible putting me and my family in the best circumstances.... essentially the imbalance of overpriced house prices will fix itself. My sister born 6 years earlier than me has a 40k mortgage on a 170k house with her husband... just because when they bought the first house it cost 50k and then jumped each time to a bigger house.

    I've always inteded to buy... in 2010+ thats why 90% of the savings are fixed in high interest accounts
  • confused31_2
    confused31_2 Posts: 1,272 Forumite
    mbga9pgf wrote: »
    Confused, you need to get your head out of your rectum mate. And learn how to spell. Anyways, someone with a 30% deposit will not struggle to get a mortgage at the mo. All I am hearing is complete vitriol from someone who sounds as if they have a slightly green tinge about them... of jealousy.

    I am a First Time Buyer, by Christmas I will have a 40% deposit and believe me, I wont be struggling to find a 10 year fix at around 4% at that stage. I have just found fixed rate deals @ 4.7% with a 400 pound arrangement fee. Hardly Crippling.
    I am a similar age to the other poster by the way. Just because your utopia of ever-rising house prices funding your pension did not work out for you doesn't give you an excuse to post such rubbish on this forum. :rolleyes:

    Clairobelle, go and get professional advice from the CAB and get in touch with the Child support organizations to find out the true facts. Not some guff posted by bored people on the internet. Get it in writing and use it in your divorce settlement to squeeze every penny out of your former OH. Don't settle because you want to be done with it. You will live to regret it. In law half of the pension is yours. It sounds to me as if he is using this whole fracas to avoid having to split it with you. My personal advice to you; dont let him get away with it. Good Luck.

    :rotfl::rotfl::rotfl:

    he has 30,000 pound saved tell me what great 10 year deal he can get with that and how much he can borrow?

    And what have i got to be jealous of?? the blokes a fully fledged txat, you get your ten year fixed just hope you still like the house after a year.

    confused
    I am not a Mortgage Adviser
    You should note that this site doesn't check my status as not being a Mortgage Adviser, so you need to take my word for it. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • mbga9pgf
    mbga9pgf Posts: 3,224 Forumite
    Confused, rubbish.

    http://www.fool.co.uk/mortgages/search-all-mortgages.aspx

    Northern Bank (NI)
    Variable 3.49% Variable N/A 3.6%
    Variable 3.49% Variable N/A 3.7%
    Lowest fix for 5 years:Cambridge BS
    Fixed 4.99% Fixed to 20/03/2014 4% 4.7%

    100K mortgage.


    so you are, quite frankly, talking rubbish.

    The issue is, who is going to save a 20-30% deposit now the credit crunch is in full swing?

    By the way, try punctuation. It helps others read what you are posting.
  • neas - its none of your business what the equity was used for. Fact is, its done, i cant change it, i trusted my husband to provide and do the best for my family and he's done nothing of the sort. Yes it would have all been rosy if we hadnt used the equity but life isnt as simple as that. Family circumstances change and people change unfortunately. We have to adapt and do the best that we can in those circumstances.

    All i am saying is that you arent offering any advice - thats what this post is all about. maybe if you wish to have a moan about the whole financial crisis affecting your plans you could start a thread elsewhere.

    I say it how it is too. Take your spite elsewhere please. Of course you are entitled to post whatever you wish but maybe you should reread the thread to give you some idea of how the whole thing has been hijacked by you and other people responding to your comments.

    I asked for help and you arent helping on any level.
  • mbga9pgf
    mbga9pgf Posts: 3,224 Forumite
    Clairobell, get professional advice. Take him to the cleaners. My mum was in a similar situation (bar house woes) and regretted not doing this.
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