Wife is leaving me.

zzzLazyDaisy

Be aware that your income may be about to drop - if your wife claims CSA you will be required to pay 15% of your income to her in child maintenance.

bitemebankers

I'd definitely second getting a lodger. Or two, if you have the space. You can make nearly £4.5k a year tax-free and your setup costs are minimal compared to moving out and letting the property.

Also, regarding your daughter, have you considered applying for custody? From what you've said, it sounds like she might be better off with you.

sunflower_2

PeterJames123 wrote: »

my daughter is my life. I pick her up from her bed every morning and spend the majority of my spare time simply playing with her. This is killing me inside.

this made me cry

i really hope things work out for you.

you wont have to pay anything to CSA if you have joint custody.
i am not sure how tax credits or child benefit would work with this sort of arrangement as only one parent can claim.

renting out your home for a while seems like a good idea as it will be a fresh start for you also. staying in the marital home could possibly upset you at first (memories).

your daughter will be happy as long as her parents are.

good luck for the future xx

RAS

sunflower wrote: »

you wont have to pay anything to CSA if you have joint custody.

Unfortunately he will have to pay 15% even with joint custody, less 1/7th for every night the child stays at his house. Only once she is there 4/7th could he try to reverse the situation. it is one of those things that encourages some PWCs to limit stay-overs.

sleepless_saver

You could check if you are eligible for working tax credit.

Ms_Chocaholic

If it's a joint mortgage with your wife, then she should be making half the mortgage payments. Does she earn more than you.

19lottie82

Ms_Chocaholic wrote: »

If it's a joint mortgage with your wife, then she should be making half the mortgage payments. Does she earn more than you.

she doesn't have to tho.

and would you expect her to pay half when she is funding another home for her daughter elsewhere?

aileth

Ms_Chocaholic wrote: »

If it's a joint mortgage with your wife, then she should be making half the mortgage payments. Does she earn more than you.

Morally she should be, but doesn't have to. My OH's ex didn't pay anything on their mortgage for years, and if he stopped paying the building society would be after the both of them. There's absolutely no obligation for them to.

bitemebankers

19lottie82 wrote: »

she doesn't have to tho.

That depends. Most mortgage agreements are jointly and severally liable, regardless of what happens to people's relationships of living arrangements.

19lottie82

bitemebankers wrote: »

That depends. Most mortgage agreements are jointly and severally liable, regardless of what happens to people's relationships of living arrangements.

exactly. so if the op takes it upon himself to pay the whole mortgage, then she doesn't have to pay anything.

if she doesn't care about the house, she is unlikely to make payments towards the joint and severally liable mortgage, but the op wants to keep the house, so he will have to pay the lot. she doesn't have to pay half the mortgage, just because he wants to keep it.