Financially screwed by partners ex

annannanna

My partner split up with his ex girlfriend about 10 years ago. She had a mortgage on her property and the just before they split up they jointly got a second mortgage and his name went on the deeds.
He has continued to make his loan repayments for the second mortgage directly to get since they split, they gave remained friends but barely see each other, mostly just texts.
In November my partner received a call from the ex, she asked him to pay his loan payments to her sisters bank account as hers was getting closed for some reason.
This weekend we received a letter from a solicitor chasing my partner for £8000 which is what is due on his exes mortgage. We are waiting to hear about the 2nd mortgage now too.
After some investigation it appears the exs house was repossessed in november and she has been made bankrupt. She has not told him any of this and is now not answering her phone.
I know my partners name is on the deeds so the mortgage lender can now pursue him for her debt but does anyone have any advice as we have a young baby and can't afford to pay what's looking like £20k of his ex's debt

RAS

Ok

Check out this forum this link https://forums.moneysavingexpert.com/discussion/1056083

Get hold of the bank NOW and stop any further payments to the sister.

Contact the Insolvency Service and ask who her Insolvency Practitioner and tell them what has happened.

That person can extract any money from the sister although where it ends up depends on the status of the debt.

Speak to the mortgage provider and tell them he was unaware of either the bankruptcy of the repossession.

And get hold of National Debtline and possibly Shelter for advice.

belisha-beacon

I can't understand how a house in his name was repossessed without him being told. If the bank haven't done due diligence in letting him know, and giving him a chance to rectify the problem, then perhaps it's worth looking into whether they are allowed to try and enforce the debt so quickly.

I did initially wonder if your partner had been negligent in not telling the bank he wasn't living at the property, but if a solicitor has written to him at your current address then perhaps that suggests the mortgage company knew he was there?

annannanna

Thanks.
Yeah my partner says he never told the bank he had moved, I guess the solicitors have traced him from the electoral roll. I would have thought the bank would need some communication with both parties before repossessing though.

I will have a read of the bankruptcy forum. Trying to figure out does she just get away with not paying anything now she is bankrupt and my partner will have to pay all her debt off. Also he has been paying her his share of the payment and she gas not been paying that to the bank so surely that's fraudulent??

silvercar

I would have thought the bank would need some communication with both parties before repossessing though.

Writing to both parties at the last known address would be all the communication needed. If he didn't tell them he had moved it is not surprising they assumed he was still at the property.

Trying to figure out does she just get away with not paying anything now she is bankrupt and my partner will have to pay all her debt off.

Yes, though she has a bankruptcy to deal with. They will chase him for all the debt, but they know that repossession wouldn't have happened if he had loads of money. They will agree to a repayment schedule or even a one off full and final settlement.

Also he has been paying her his share of the payment and she gas not been paying that to the bank so surely that's fraudulent??

If he has been making payments to her and she hasn't used them as intended then it is a deception, whether you can prove this in court, whether you can afford to take her to court and whether you could get anything back is a different matter.

duchy

Why didn't he tell the bank the mortgage was with that he'd moved ?
A recent split I can understand- but ten years ?

Jenny484

I love the title of this thread. I'd just like to add that your partner massively 'screwed' you and his little family too by being utterly, utterly careless with his financial matters. Who wouldn't tell their bank they moved when they have a mortgage with them is beyond me and never asking the ex for any proof or documentation that everything is in order.

annannanna

I know his name is on the deeds but they always considered the mortgage to be hers, and the house to be hers. He didn't want anything in return. He just paid his share of the secured loan and trusted her to pay it as they were friends.
I know he was stupid not to tell the mortgage lender his change of address but no need for your response jenny, I'm only asking for advice.

RAS

anna

Please will you do what I asked of you in my first response?

RAS wrote: »

1. Get hold of the bank NOW and stop any further payments to the sister.

2. Contact the Insolvency Service and ask who her Insolvency Practitioner and tell them what has happened.

3. That person can extract any money from the sister although where it ends up depends on the status of the debt.

4. Speak to the mortgage provider and tell them he was unaware of either the bankruptcy of the repossession.

5. And get hold of National Debtline and possibly Shelter for advice.

The ex has been made bankrupt which is why her bankj account was frozen.

She will have made sworn statements about her financial arrangments. Telling your OH to pay money to her sister and possibly not telling the Insolvency Practitioner fully about the situation with OH and the money going to her sister are big no nos.

Your OH MUST contact the IP urgently. It is possible that if the ex or her sister has been recieving money and not paying it forward, the IP can extract that money from them and get it paid towards the debt.

annannanna

Hi RAS, he has cancelled the payment and has contacted the mortgage lender, they are giving him 30 days to get his head around it all and are going to send us some details.
I will get my partner to speak to the insolvency today. Thank you for your help.

RAS

annannanna wrote: »

I know his name is on the deeds but they always considered the mortgage to be hers, and the house to be hers. He didn't want anything in return. He just paid his share of the secured loan and trusted her to pay it as they were friends.
I know he was stupid not to tell the mortgage lender his change of address but no need for your response jenny, I'm only asking for advice.

Just report the comment to the mods.