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princessdreamer wrote: »I live with my children in the home I own jointly with soon to be ex husband. Where it goes from here who knows as I am refusing to sell as why should I he cheated and has the other womans house to live in.
Its a whole new subject and it rather depends on the children and your ability to continue to pay the mortgage no doubt supplemented by your errant STB-EX.
At some stage however, no doubt he will be legally allowed to request the sale of the house and drive it legally if you refuse. This may well be when the children are over 18 but it could be sooner.
His infidelity has nothing much to do with it. Thats a divorce issue,not a family law/land issue.Feudal Britain needs land reform. 70% of the land is "owned" by 1 % of the population and at least 50% is unregistered (inherited by landed gentry). Thats why your slave box costs so much..0 -
C_Mababejive wrote: »Thats true but consider this...and it isnt about you,its a general illustration..
A person buys a house for X amount.
The mortgage payments are then locked in at a certain amount for ever so they have fixed their mortgage/housing costs for the full term of the mortgage. OK there are minor fluctuations but basically,the housing cost is set in stone from day one give or take a few quid. Its a little tight in the beginning but then our old friend inflation kicks in. The buyers wages move upwards (usually) but the mortgage stays the same. The value of the property gradually drifts upwards. Again ,the owner benefits from the locked in value.
The person not buying...Well they contribute to bills etc and enjoy some home comforts.
They may well save as you say...but the true value is ravaged by inflation over time,not increased as in the above. Did you know that at current inflation rates,the value of your savings halves every 16 years?
Also,with time and house price drift generally upwards,the potential for using your savings to buy that house gets less and less.
Also, you may feel that you have to keep saving to ensure that you can house yourself should the worst come to the worst. Your savings get ravaged by inflation AND worse,you cant spend them to enjoy life unlike person one.
It is his house, why should i want anything from it. i do not. He pays the bills.
My saving will not go down, they might not make much interest thats all.
in 5 years i may buy a house and rent it out.
That house will be mine.
i really dont understand what problem there is.
people should not expect to walk into a relationship and take half of what the OH has. Different if you have children, but we do not0 -
princessdreamer wrote: »I live with my children in the home I own jointly with soon to be ex husband. Where it goes from here who knows as I am refusing to sell as why should I he cheated and has the other womans house to live in.
Same as I was.. we got a court order stating he wouldn't pay maintenance for 2 years in lieu of the equity in the house and the deeds transferred to my name. The judge was disgusted and backdated the court order by 12 months so he has to pay as of next April.... and I am having the shirt off his back after what he put the children and I through.
KH is currently living with his woman and rents a house in his name which he takes the children to the 4 nights a month he has them... then complains about having to pay the rent on it when he could have a mortgage... should have thought about that first HA!C_Mababejive wrote: »Its a whole new subject and it rather depends on the children and your ability to continue to pay the mortgage no doubt supplemented by your errant STB-EX.
At some stage however, no doubt he will be legally allowed to request the sale of the house and drive it legally if you refuse. This may well be when the children are over 18 but it could be sooner.
His infidelity has nothing much to do with it. Thats a divorce issue,not a family law/land issue.
Mine cannot demand we sell the house regardless of the age of the children even though his name is on the mortgage.. the house is mine.LB moment 10/06 Debt Free date 6/6/14Hope to be debt free until the day I dieMortgage-free Wannabee (05/08/30)6/6/14 £72,454.65 (5.65% int.)08/12/2023 £33602.00 (4.81% int.)0 -
Pay mortgage on my own and support children on my own well get £5 a week which is in reality nothing. Youngest is two so he is looking at 16 years before I leave.mortgage free by christmas 2014 owed £5,000, jan 2014 £4,170, £4,060, feb £3,818 march £3,399 30% of the way there woohoo
If you don't think you can go on look back and see how far you've come0 -
Same as I was.. we got a court order stating he wouldn't pay maintenance for 2 years in lieu of the equity in the house and the deeds transferred to my name. The judge was disgusted and backdated the court order by 12 months so he has to pay as of next April.... and I am having the shirt off his back after what he put the children and I through.
KH is currently living with his woman and rents a house in his name which he takes the children to the 4 nights a month he has them... then complains about having to pay the rent on it when he could have a mortgage... should have thought about that first HA!
Mine cannot demand we sell the house regardless of the age of the children even though his name is on the mortgage.. the house is mine.
No wonder your reindeer is skipping along with such a cheery and purposeful gait..!!Feudal Britain needs land reform. 70% of the land is "owned" by 1 % of the population and at least 50% is unregistered (inherited by landed gentry). Thats why your slave box costs so much..0 -
I live with my partner in the house we own jointly. Well, nationwide own 70% of it... We are joint tenants, so I get the house if he dies regardless. We have 2 kids, mirror wills specifying guardians and money for their upkeep, and also we have a survivorship clause in the will so there are no loose ends if we die together. The wills cost us £220, but worth every penny.
Although OH earns more and pays more of the bills, the house is ours. No discussions as to how much each, we pay bills in ratio to our income and whatever left is our own. We do have joint savings, life insurance and multiple pensions each from various jobs, but we have tried to maintain payments into them.
OH normally has more money left at the end of the month, and to be honest our fun money tends to blur into one, we just pay for things when we have money. I receive the child benefit, but then I pay for swimming lessons, clothes, ice creams etc. It did go on the car tax this month though!
Partner will become husband in about 4 weeks, so I guess a rewrite of the wills is necessary, and we will have to reregister the children's birth, I think.
I think it helps that neither of us lived with anyone before each other. No ex's or anything, just us 2. And now 2 extra!
The people who mind don't matter, and the people who matter don't mind
Getting married 19th August 2011 to a lovely, lovely man :-)0 -
Kimberley82 wrote: »We are both on the rent, we are about to buy a house which dh is getting the mortgage for, so while on paper it would be his it will be both of ours.
Why aren't you going on the Deeds?Try to be a rainbow in someone's cloud.0 -
My bf owns his appartment which is he rents out. I own my house which we live in. Equally share the bills.
Been together 6 years and are engaged.Forty and fabulous, well that's what my cards say....0 -
Just as an aside, did you know that it is possible,simple and inexpensive to end a joint tenants arrangement?I live with my partner in the house we own jointly. Well, nationwide own 70% of it... We are joint tenants, so I get the house if he dies regardless. !Feudal Britain needs land reform. 70% of the land is "owned" by 1 % of the population and at least 50% is unregistered (inherited by landed gentry). Thats why your slave box costs so much..0 -
Ex tried that one but I refused to sign off on it, why should the mistress get anything if he dies.C_Mababejive wrote: »Just as an aside, did you know that it is possible,simple and inexpensive to end a joint tenants arrangement?mortgage free by christmas 2014 owed £5,000, jan 2014 £4,170, £4,060, feb £3,818 march £3,399 30% of the way there woohoo
If you don't think you can go on look back and see how far you've come0
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