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joint mortgage robbery

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rebelfey
rebelfey Posts: 1 Newbie
in Mortgages & endowments
somebody please help :(
i have a joint mortgage with my ex partner. when we got the mortgage part of it was an unsecured loan of £10,000 with an option to borrow up to another £10,000.
i have just found out that my ex borrowed another £2000 on the loan without my knowledge (he didnt need my permission apparently) do i have any legal rights to get this money plus the interest it has accrued back?
appreciate any advice
thanks in advance

Comments

  • Alter_ego
    Alter_ego Posts: 3,842 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    From what you say I guess you could also borrow another £2000 (even £8000) without his knowledge.
    I am not a cat (But my friend is)
  • Wh05apk
    Wh05apk Posts: 2,938 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    From who?

    Your ex or the lender?
    I am a mortgage adviser.
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • Burridge60
    Burridge60 Posts: 496 Forumite
    I suggest that you try to make a charge of theft against your other half and see how far you get.

    It sounds like you have a flexible mortgage arrangement and either of you could apply for a draw down.

    It would be prudent to have told them about your estrangement and then they might have queried any borrowing. I suggest you do that right away as lenders are not mind readers and rely on a two way dialogue with their customers.
    I am a Mortgage Advisor
    You should note that this site doesn't check my status as a Mortgage Advisor, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
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