What do I do about the Mortgage

Thrugelmir

thecrazy1 wrote: »

Thanks all,


would it be worth talking to a mortgage advisor?

No, solicitor first.

Thrugelmir

thecrazy1 wrote: »

You are right I can't afford to move out as she wants me to pay half the mortgage and full maintenance for the three children this would be in the region of £1000 P/M

Don't discuss anything directly with your ex. As difficult as it maybe. Establish your position first.

Don't leave the home either at the current time.

tlc678910

If your wife works only 16 hours and takes care of 3 children then I can't see how she could possibly afford a mortgage for any house. Housing benefit will assist with renting a place but I think there is very little help with a mortgage (perhaps some help with interest if you are desperately in arrears?) so I would imagine it would be more realistic for her to be in a rental property and for your maintenance to be available to actually help take care of your children rather than fight an uphill battle with the mortgage.

Is there any hope your relationship could recover? How old is your youngest - could your wife be suffering from post natal depression or be thoroughly fed up with a life juggling work and childcare. Does she have any gripes that are fair that you could address e.g. help more around the house, help more with the kids, enlist the help of family or friends so you can take her out. Apologies if you are a saint in all areas - just asking. You both have an awful lot to lose so don't give up without a fight.

I used to think when my son was a baby/toddler that I would actually get more time to myself as a single mum as I would at least get weekends off...never too seriously as this was mostly because my partner worked so hard...but if I had that idea and was also depressed then it could have looked tempting and that was only with one child.

Good luck with everything

Millie_Millsters

ACG wrote: »

so her option is to either agree to sell up and support herself and you will pay maintenance or you both live in the house and put a smile on for the sake of the kids...

...or she could leave and you stay in the house with the children.

silvercar

The maintenance for the children provides, amongst other things, a roof over their heads. So no way should you be paying half the mortgage and full maintenance.

SMI (support for mortgage interest) would be a benefit she could claim to help with mortgage payments. It is means tested and restricted (it was 2 years at the interest on 200k max, but that info may be out of date).

As sad a thought as it is, she may be better off not earning and living off benefits plus maintenance.