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I don't want to lose my home!!Help plz

dusky_2
dusky_2 Posts: 8 Forumite
in House buying, renting & selling
I'm seperated and house is being done up to sell and profit being split 50/50 with ex. The problem is that I won't have enough to buy outright and don't want the money frittering away on rent.

Does anyone know if there is an equity scheme that would buy him out, maybe give me a lump sum, but basicly take over mortgage untill I snuff it?

I really don't want to leave my home and it's causing me so much worry at the moment wondering where I will end up.

thankyou
Dusky xxx
«1

Comments

  • lynzpower
    lynzpower Posts: 25,311 Forumite
    10,000 Posts Combo Breaker
    how old are you dusky?
    :beer: Well aint funny how its the little things in life that mean the most? Not where you live, the car you drive or the price tag on your clothes.
    Theres no dollar sign on piece of mind
    This Ive come to know...
    So if you agree have a drink with me, raise your glasses for a toast :beer:
  • dusky_2
    dusky_2 Posts: 8 Forumite
    49 lyn and semi disabled hence reason I don't go out to work and am trying to get my website up and off the ground so that I can work from home.
  • lynzpower
    lynzpower Posts: 25,311 Forumite
    10,000 Posts Combo Breaker
    I just dont think anyone will be able to give you an equity release loan yet as clearly you are not old enough :o

    How much will you come out with once the property is sold?
    :beer: Well aint funny how its the little things in life that mean the most? Not where you live, the car you drive or the price tag on your clothes.
    Theres no dollar sign on piece of mind
    This Ive come to know...
    So if you agree have a drink with me, raise your glasses for a toast :beer:
  • dusky_2
    dusky_2 Posts: 8 Forumite
    i'd thought that myself. Probably about 50k if lucky
    thanks for your interest lyn
  • lynzpower
    lynzpower Posts: 25,311 Forumite
    10,000 Posts Combo Breaker
    where abouts do you live?
    :beer: Well aint funny how its the little things in life that mean the most? Not where you live, the car you drive or the price tag on your clothes.
    Theres no dollar sign on piece of mind
    This Ive come to know...
    So if you agree have a drink with me, raise your glasses for a toast :beer:
  • dusky_2
    dusky_2 Posts: 8 Forumite
    i'm in Dorset
  • prudryden
    prudryden Posts: 2,075 Forumite
    Was this split mutually agreed or decided by court? Sounds like you should be getting a much larger share of the marital home.

    I don't like the sound of this split.
    FREEDOM IS NOT FREE
  • lynzpower
    lynzpower Posts: 25,311 Forumite
    10,000 Posts Combo Breaker
    is your home adapted for your disability? If It is I suggest you contact your local social services for an assessment asap, as they may be able to advise on specialist accmodation for you.

    If not, im afraid, this is the way it goes, I take it you have no children under 16 living with you do you?
    :beer: Well aint funny how its the little things in life that mean the most? Not where you live, the car you drive or the price tag on your clothes.
    Theres no dollar sign on piece of mind
    This Ive come to know...
    So if you agree have a drink with me, raise your glasses for a toast :beer:
  • lynzpower
    lynzpower Posts: 25,311 Forumite
    10,000 Posts Combo Breaker
    prudryden wrote: »
    Was this split mutually agreed or decided by court? Sounds like you should be getting a much larger share of the marital home.

    I don't like the sound of this split.

    I agree, have you seen a solicitor Dusky?
    :beer: Well aint funny how its the little things in life that mean the most? Not where you live, the car you drive or the price tag on your clothes.
    Theres no dollar sign on piece of mind
    This Ive come to know...
    So if you agree have a drink with me, raise your glasses for a toast :beer:
  • dusky_2
    dusky_2 Posts: 8 Forumite
    It's a mutual desicion to split half and half. A. to avoid huge solicitors fees and B. to try and keep it civil without things geting nasty.
This discussion has been closed.
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