scared and need help<long read>

robwend

i dont know where to start in all fairness
its probebly a common situation but for me my world have just stopped and im deverstated. my husband has left me saying he dosnt love me anymore, so me and the kids are in big big trouble.he wants to finish doing up the house over the next few weeks,we have gutted this house from scratch to make it how we want, and now it looks like im going to loose it.he wants to put it on the market and said he only wants 10grand of the equity and il can have the rest. sounds great you may think but leaving me with 70 grand dont do me any favours really when your homless.it means il have to use that money all up to live in a rented hovvle and take the kids away fro m there lovley home.we have a mortgage of £111000 and i work parttime only earning £5200.the benefit people said if i stayed in the house they would only pay half the intrest rate and wont even start paying that till 39 weeks have past. i mean 9 months!!and as im in a fixed rate fixed till june whos to say the mortgage company will allow me to swap over to intrest only anyway.do i risk it and go to the mortgage company with all my benefits in tow and my wage and beg them to allow me to stay in the home and worry about the money il haVE TO FINd later?,the council wont help as they say ive got enough money to live off. yes my kids future being !!!!ed up the wall on rent.any advise would mean so much xxxwendy

beverleyhills

:grouphug: Sorry to hear your news, I do not have any advice. I did wonder whether you should post on the DFW or the Relationships board first.

They are very good at helping to clarify poster's thoughts and then come back to this board.

Good luck

EdInvestor

Could you switch the mortgage to interest-only and then let out a room to a lodger to help pay it ?What about maintenance for the kids? Does husband have a pension? Any other assets eg endowment, savings? These would normally be split half/ half.You can "trade" one for another.

See the CAB first and then a solicitor, some of them offer a quick consultation for free. People can't just walk out on family responsibilities just like that and expect to get paid 'equity' as well. A court will NOT expect you to move out of the family home and nor should you:mad:

toonfish

If there was a way to keep the house, how would you make the repayments?

What will your total income be, from job, benefits, maintainence?

silvercar

Your ex (if I can call him that) will need to make maintenance payments for the kids and you.

Until your new financial arrangements are set in stone he will have to continue with current arrangements, that means paying all bills and mortgage that he currently pays.

Jonbvn

There is no need to be scared. Laws are in place to protect you and your kids, and your home.

Your ex is living in dreamland, if he thinks he can walk away, and "just take 10k equity". He is in for a very rude awakening.

It is vital you see a solicitor immediately. Suggest you also check out your CAB. I am sure they will put your mind at reast.

Again. Don't be scared!

robwend

thanks guys, ive got a solicitor booked to see next wednesday. free for the first half hour.i must explain that my children are not his, although hes been in there life scince they were babbys. i can only expect that makes big diffrence to what he has to do legally toward me and the children. i honestly just want my home and nothing more