would have been mortgage free at the end of this month.. until...

Iris_Blue

I really feel for you Ho hum - It's a horrible situation to be in. Not only has your world fallen apart you also have the house to organise.

Sorry I haven't much to offer you but I want just to say how sorry I am for you. Try and be positive about it , its the only thing you can do. Focus on you and your future.

As others have said see a solictor as soon as and possibly a EA to see how much the house is worth.

wynnvegas

Hi Ho Hum,

That's absolutely shocking. It seems incredibly cruel to have hit you with that right as you were doubtless on the crest of a wave!

If it were me, I'd be sure to document how much went to the mortgage and from whom in the course of it being paid. I know I could do it as I'm a wee bit anal about keeping bills, credit card and bank statements and receipts but even if you could show he was. Surely if you've paid the majority, there's a reasonable compromise to be reached - even if through lawyers. Can one joint homeowner even force the issue with demanding half the value of the house or the sale of the house?

Hope things look up for you soon.

Cheers,

Billy

teapot2

Hello Ho hum, sorry to hear what has happened re house. Can only echo what others have said about getting good legal advice. How many bedrooms do you have? Just wondering how you would feel about a lodger if theres a spare room? I know its not for everyone but I think this sort of situation requires thinking outside the box and their rent could help towards payments. All the best, Teapot

Jonbvn

ho_hum wrote: »

Hindsight is a wonderful thing - but when I was diagnosed, and was facing a very incertain and insecure future, I just felt that if I could pay for the roof over my head I would always have some degree of security and independance

Sorry I wasn't being facetious, even if my post sounded that way.

The point I was trying to make is that working hard to achieve a financial goal is fine. However, IMPO it is important to diversify (both financially and psychologically). In simple terms, no financial goal is worth a significant reduction in the long term quality of your life.

Of course, this is my opinion and other people may disagree.

bigfathen

You absolutely have to go and get legal advice on this. There are two types of "joint ownership" and each one leads to different results in terms of who actually owns what. You should have been advised on this by your solicitor when you bought the property.

Property law and ownership can be complicated and you should definitely not assume that your partner owns 50% (although sadly this might prove to be the case) before seeking the appropriate advice.

Good luck

dimbo61

Overpaying the mortgage has not been a waste and if you had a £100,000 mortgage and also had to gove your EX 50% of the equity you would have no chance of keeping your home so go see a solictor (first 1/2 hour free) who deals in property law.
Good Luck