Please help!!! In need of advice about mortgage

I-am-sooooo-stupid

hi

I have a joint mortgage with other half, who has now decided he wants out of the marriage (because he has met another woman).

We have had 4 children together. The arrangement was and has been, that he paid the mortgage, council tax and he also paid the t.v licence, whilst i paid the rest of the bills and household stuff. I have always said if he could not cope with the smaller bills i would quite happily take them over. I find out recently he is in arrears with the council tax now!

My dilemma is where do i stand with the house? I do not earn enough to pay the mortgage myself! He says he wishes to continue with the mortgage, and on the other hand he says that if the house is to be sold (for whatever reason, and if there is any monies left), he does not want any of it!

We had to remortgage recently due to financial difficulties, but he did all the arrangements with his sister (who works for a mortgage company), and they both arranged all this themselves and then decided to tell me. As it was the only option out of our debt at the time it seemed logical.

The mortgage payments are £1,000 approx a month and i take home around £950 a month - not enough to cover the mortgage alone
I have no idea what kind of mortgage as he has always taken care of that.

I have no idea what to do next as I am in a terrible state at the moment (mentally), and have today sought help for that. My main concern is losing our home which the kids also do not want to loose.

Any advice would be appreciated
Thank you in advance

absolutebounder

Id wish his new girlfriend luck if thats what he did to you. File for divorce make the best of the CSA and find a nice new man with money

---lee---

I-am-sooooo-stupid wrote: »

I have a joint mortgage with other half

We had to remortgage recently due to financial difficulties, but he did all the arrangements with his sister (who works for a mortgage company), and they both arranged all this themselves and then decided to tell me.

How is this possible? Surely if the mortgage was between the two of you, you would have had to sing paperwork? If not, something is seriously amiss…

tanith

I agree with

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lee

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you should of had to sign something or there is defo something dodgy....
I would be questioning the motive behind the remortgage , were most of the debts his doing? How long has he been contemplating leaving ? As the remortgage could of been a way of getting rid of his debt by taking equity out of the house and then he legs it , so to speak debt free... JMO of course...

Its a lot to deal with while you aleady feeling low... don't forget to look after yourself as well as the children.....

I-am-sooooo-stupid

hi to everyone and thank you all for replies.

I wish i could divorce him now but part of me still wants him back, i'm guessing once i get past this low stage i will see sense.

The remortgage was arranged and sorted without my knowledge at first, then they decided to tell me it was sorted - im guessing it was his way of taking responsibility - i dont know. But yes, there was something to sign and i did sign - thats why i added it seemed logical at the time to just go ahead with it. Sorry if it didnt make any sense - not sure if im making any sense of anything at all right now.

I have no idea if that was his motive - again i dont seem to know much anymore right now - all i do know is once the house was remortgaged, i began to write letters to other companies we owed monies too to sort out those debts. After a while i assumed things were going fine financially, but was wrong when i found out he was not paying some of the bills.

He has been round today and is still agreeing to pay the mortgage whilst i live here but with the way i am at the moment i could not agree to anything until i sought advice - i did not want to commit to anything without a clear head. It is nice he is still wanting to pay the mortgage but how long will that last for and what guarantee do i have he would not pull out at anytime?

Mr_helpful

You would have had to sign the mortgage application form at the very least plus forms for the solicitor. I would get on to the adviser and ask to see your signature on things. I realise you could have signed something because it seems like a good idea but a whole remortgage without knowing? I wonder if your signature hasnt been forged once or twice.
And stop thinking you want him back it doesnt look like he could look after you properly when he was around he certainly isnt going to do it now with a new dolly bird to think about. Get a divorce and take what is yours before his new girlfriend gets it.

MarkyMarkD

She's not saying that he actually signed her up without her knowledge.

She's saying that he sorted it all out and then just got her to sign it at the last minute, without bothering to explain it to her in full detail because they had no choice anyway.

MortgageMamma

Best of luck with this, but you are right, do not do anything until you've got the fight back in you and you have seen a solicitor. Hope you start
feeling better soon. It might seem bad now but it could turn out for the best -= hopefully one day you will meet someone wonderful who treats you well.

MM