joint mortgage query

monnie38

my husband has a property with his ex

the property is 15k in negative equity
his ex declared herself bankrupt and we have been liable for the full repayments on the property

we currently have a tenant in the property however their rent does not cover all of the mortgage and we also pay the building maintenance charge and we pay a management company 10% of the rent to manage the tenant,

the ex is no longer bankrupt and we need to contact her to make her pay her 50% of all of these charges.

Is there anyway i can find out her details and contact her without paying for a solicitor.

Once we have her details we will go to a solicitor to try and buy her out.

StuC75

The trouble for your husband is that they own the property Joint & Severally meaning that they are liable for the full payment rather than his & her half..

So will be difficult, if not impossible to 'make her pay her 50%'.

monneyspinner

Agree with what's been said before having been in a situation myself where ex stopped paying. I've never seen a penny of his half and as long as the lenders get their money....they don't care where it comes from! As frustrating as it is being stuck in a rut....see it as your paying to keep credit record in tact

Annisele

I'm afraid that if I was the ex, I wouldn't be remotely interested in paying "my half". As others have said, from the lender's perspective there's no such thing.

If the house was taken into possession and sold tomorrow, the shortfall would fall into her bankruptcy - so she'd be no worse off than she is now. I can't see that she benefits from paying towards the mortgage.

Is there any restriction on the title of the property? (I'm thinking about something like a Form J restriction.