Hate asking this but what help might I get?

grummps

BBF78 wrote: »

Thank you.
Current situation is joint owners on a house we bought in December. Equity in house was my husband's.
I own a one bed flat in my name which is in negative equity. I'd love to think we could live there but it's very very small.
Just got more complicated, huh?!
I don't claim any benefits at all.

My situation was the other way round. My first wife and I split, she stayed in the house (no kids) and paid the mortgage out of her income. I signed the house over to her which I thought was fair (she paying the mortgage etc). We had the house valued when I signed the deed (total of £162,000 equity) and she agreed to pay me one half when she eventually sold it. Any further increase in equity over that value she could keep.

I moved away (300+ miles away!) and never saw her or heard from her again. Eventually some 10 years later I heard that she had remarried and moved. Eventually I found out that she had sold our old joint home and pocketed a total of £270,000 equity - £81,000 of which was mine.

She refused to hand it over and denied that we ever had such an agreement!!!

Trusting another woman took years!!!

BBF78

I'm very grateful for your kind help.
I really hope my husband and I can work things out. I didn't get married to break up
At least I am a little clearer on where I might be financially should that happen.
Let's hope not, eh.
Thanks again.

Josie_Jump

BBF78 wrote: »

I would work more, but having looked into it, it would mean I net about an extra 50 pounds per day. I am reluctant to put my son into nursery (no offence to anyone that does, but I look other people's children all day as a teacher and I want to be with my son as much as I can afford to!)


Another typical teacher - I also look after other people's children in a children's home - full time - and would love to be at home with my children but guess what- I have to work to pay my bills. And you are complaining about taking in an extra £50 a day? Some parents work full time only taking in £50 a day net. Get a life. You can't have your cake and eat it.