I need your mortgage help, I'm trapped :(

geordient

Hi guys, long time reader of the forums, but now have a problem I have to ask for your help with:

I purchased my house with my ex partner 6 years ago. We separated a few years in to that and she left the country. I've been paying the mortgage alone ever since, despite us both being on the mortgage.

I recently lost my job and I'm finding it hard to meet the £800 per month mortgage, so I called up the mortgage company to ask if I could have a payment holiday.

They informed me that the account had a hold on it, as my now ex partner had called them up some time in the past to see how she could be removed from the mortgage (which is also why I'm still paying £800 per month rather than half that!).

So now I'm stuck.

I can't re-mortgage with another company, as I don't have a job.

I can't move the mortgage in to my name as the existing mortgage company would re-assess me (I presume) and find I had no job.

I can't contact my ex as she is no longer in the country.

Any advice on what I can do? I'm scared to approach my mortgage lender as they may take my house

katonia

oh mate in exactly the same situation, my husband has the mortgage with his ex wife.she left kids and he left job to bring them up, she has never paid a penny remarried and will not take her name off....she went to the mortgage lender knowing full well we were in threat of reposession (as her daughter had pleaded with her to remove her name the week before) she refused and has asked the building society that she wants it sold at auction so she can have half of the money we will be homeless she will be rich...............we cant remortgage cant join a rescue scheme cant do anything without her consent......about to lose the house and nothing we can do.

Annisele

The mortgage company can't just "take" your house - they can't repossess without a court order. If you want your mortgage lender to help you, you're going to have to talk to them.

I'm afraid you're right that without a job you won't be able to move to another lender, or take the mortgage in your sole name.

Do you have an agreement with your ex as to how any sale proceeds should be split? And is there any equity in the property?

geordient

There was no agreement between us as what to do with the house...

I also have no way of contacting her.

There must be a way of setting the mortgage to the initially agreed state. What happens if one of the people on the mortgage dies?

I'm paying double for this mortgage.

R_P_W

you are not paying 'double'. you are both jointly liable for the amount borrowed.

geordient

No. I mean I'm paying a higher fixed rate of £800, rather than the mortgage falling to base rate, which would make the mortgage around £400, thus half.

R_P_W

What is your rate you are paying then?

geordient

R_P_W wrote: »

What is your rate you are paying then?

The fixed rate, that was supposed to run out after 3 years. Then the mortgage should return to base rate.

It hasn't because of this "block" on changes to the mortgage.

olly300

geordient wrote: »

The fixed rate, that was supposed to run out after 3 years. Then the mortgage should return to base rate.

It hasn't because of this "block" on changes to the mortgage.

The question is "What rate are you paying?"

sockpuppet

this doesnt make any sense at all.
If the fixed rate has ended then it should revert to the SVR.
You cant put a 'block' on this - its not a 'change to the mortgage' its simply the terms of your mortgage offer

beecher2

Agree this doesn't make sense. OP, what rate are you paying and what does your mortgage documentation say? What is the rate you think you should be on?