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Mortgage and divorce

When my husband divorced his ex 3 years ago none of the finances including the house was sorted out. The mortgage is in both names and even though he has tried to communicate with her regarding selling the house and splitting the equity 60% - 40% in her favour as she has their daughter she has stuck her heels in and failed to answer any of his or his solicitors communication.

Now as neither of them are in a position to pay the mortgage the bank has been granted permission to repossess the house and she has been given 2 months before she needs to be out.

My question is: is there a way to force a sale of the house or even take her name off the mortgage as he was the one paying it when they were married? I know the bank have to sell the house at a reasonable price but perhaps my husband could get a better price than the bank would.

Thank you in advance :D

Comments

  • If the lender has a court order to possess then your need to speak to them with a proposal to either pay the mortgage, or sell.....it may already be too late though if the lender has already been to the court and obtained an order.

    If they are not interested then they will repossess and sell for well under the market value....what sort of equity is there in the house?
    "Dream World" by The B Sharps....describes a lot of the posts in the Loans and Mortgage sections !!!
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Medusa38 wrote: »
    The mortgage is in both names and even though he has tried to communicate with her regarding selling the house and splitting the equity 60% - 40% in her favour as she has their daughter she has stuck her heels in and failed to answer any of his or his solicitors communication.

    While the ex was resident in the property and the daughter was still in full time education. There was no no need for her to respond. As everything was her in her favour.

    Now that the property is being sold (so it appears). Then the ex will need to come to the negotiating table. However she still has a strong hand to play.
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