advice needed over divorce house matter

momof2girls

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Gigglepig

It may be useful to take a long hard look at the situation before you decide in which direction to influence things. If the house will be in negative equity now, and you are confident that the price will not drop, it may not be a good idea to hurry a sale.

If this is a joint mortgage presumably you would be liable for repayment etc. It may be a good idea to speak to a family solicitor about the situation and how you can make sure your finances are separate from those of your husband as soon as possible.

Are you paying 1/2 the mortgage at the moment? What does your ex say - does he intend to take full responsibility for the mortgage until the house is sold? Has he made any comments regarding contributing to the children?

If the house is big, could it be in the best interest of both you and your ex if you and the children stay in it for x years until it is sold, while your ex rents a small apartment and potentially contributes a share to the mortgage e.g. towards downpayment (should cost a lot less if he doesn't have the kids there all the time, so it may put less financial strain on him than paying the whole mortgage)?

Alternatively, can either you or your ex live for free or cheap with relatives for a year?

If you and your ex are still on speaking terms, perhaps sit down with some spreadsheets to look at different scenarios would help. But you also need to find out how you stand legally.