Help!!!

Indie_Kid

Duncombe wrote: »

So its only interest on savings that is counted for benefit purposes?

That seems ridiculous.

It's taxable interest only for tax credits. It's different for other benefits. (IS, IBJSA, etc)

SuziQ

I didn't have to get my ex to sign anything when we split and I went from a joint to a single CTC claim. We did however split-ie he no longer lived here. I am not sure how you would stand, applying as a single parent whilst he still lives there. Just make sure it's ok before you do it or you may end up repaying later on, which you could well do without.
Maybe you should just tough it out and stay put if you hate the idea of renting. If he makes it impossible by being nasty, maybe get a social worker involved who could explain to him in official terms how unfair he is being to the children. My ex is still on our mortgage, he pays half and at the moment IS pays the other. He doesn't like it, but as it's the only money he pays out towards the family I think he gets off very lightly. If he continues taunting you about how ell off he will be, maybe remind him that he will have a mortgage to pay on his own plus the addes joy of child maintenance.

It's tough when family breaks up, but always remember, it's the children who lose out most. They can really end up paying for their parents mistakes if the parents don't start to look at what is best for the children, first.

sp1987

TRIX1 wrote: »

Hi, i have been with my partner for 8 years , we have 2 small children 5 and 2 yrs old, we have for the past 3 years not really been getting on and now it seems to have come to a head .
We have a mortgage on a house which when sold will be a 50/50 split.
He works full time and earns £25,000 a year i work part time on a self employed basis earning £6,400 a year.
When the house is sold he keeps bragging how the children will have everything when they visit Daddy as he can afford a mortagage with a hefty deposit, while i will be dwindling myn away on renting.
We stand to come out with about £50,000 each.
It doesnt seem atall fair and i feel very angry and frustrated,
I dont earn enough to be able to get a mortgage and will not qualify for benefits with that amount of money, what can i do so as i can provide a stable permanent home for my children instead of throwing it all away on renting?

Rent, like everyone else who cannot get/does not want a mortgage?!

I don't mean to sound short but you seem very fixated on how 'unfair' it is that only earning £6000 a year that you can't buy a house. You either need to up your income or lower your expectations.

I also find it vile that he is expected to leave a home he pays to live in (but this is far from restricted to you). He has just as much right to be there as you. Just because he is male doesn't mean he is a second class citizen who should be made homeless because you both don't get on.

TRIX1

Thanks but your comment was a bit harsh, i mean how would you feel, 2 small children to bring up on your own in a rented place while the other sets up a nice home again who is free to go off and do whatever they feel, like tonight... off out again with his mates drinking haveing a laugh and a joke while im putting children to bed sat here bored out of my brain on my own, i didnt say he was a second class citizen or treat him anything of the sort but whilst hes making dig after dig at me im supposed to put up and shut up am i? Its down to him and his mother why we are in this situation!!

dmg24

TRIX1 wrote: »

Thanks but your comment was a bit harsh, i mean how would you feel, 2 small children to bring up on your own in a rented place while the other sets up a nice home again who is free to go off and do whatever they feel, like tonight... off out again with his mates drinking haveing a laugh and a joke while im putting children to bed sat here bored out of my brain on my own, i didnt say he was a second class citizen or treat him anything of the sort but whilst hes making dig after dig at me im supposed to put up and shut up am i? Its down to him and his mother why we are in this situation!!

That is a situation to resolve between you and your partner, not something for the state to subsidise.

TRIX1

Duncombe wrote: »

Would the fact the OP will have £50,000 sat in a bank account decrease any of the benefits she would potentially be entitled to? Like WTC and CTC?

I'm only asking as I dont know and would like to.

Well he would be investing his straight away again on another mortgage

TRIX1

dmg24 wrote: »

That is a situation to resolve between you and your partner, not something for the state to subsidise.

Well im not wanting the state to subsidise me really i would like to own my own home its all for the children, im sure i will survive its just a bit daunting starting over on my own with the responsibility of making sure the kids are happy and dont really have to go without

TRIX1

TRIX1 wrote: »

Well im not wanting the state to subsidise me really i would like to own my own home its all for the children, im sure i will survive its just a bit daunting starting over on my own with the responsibility of making sure the kids are happy and dont really have to go without

I just want to feel secure thats all

dmg24

TRIX1 wrote: »

I just want to feel secure thats all

I appreciate that - perhaps if you start a thread on the Relationships Moneysaving board you can look at more practical measures you can take?