mortgage advice for seperation

sudioplus

Evening
Please be kind.
Looking for some advice I really want to leave my husband but need to know if I can financially make the leap.
I want to move out of our home and my question is if iam not living in the house do i need to pay half the mortgage. I would be a single mom working part time.
Thanks

Mupette

Is the mortgage in both your names?

being a single mum working part time - you would get state support and i should imagine your will want your husband to support via maintenance for the child(ren). - so financially you won't suffer.

PeacefulWaters

You are jointly liable for the mortgage payment. If he doesn't pay it the lender can come after you for payment. If neither of you pay it, both your individual credit files will be ruined.

Look into child tax credits and working tax credits to see key elements of state support available.

TBagpuss

Between you and the mortgage lender, you and your husband are both liable, and both responsible for ensuring that the mortgage is paid.

Between you and your husbnd, there is no automatic assumption that you pay half each. If you moved out and he stayed in the house, it might well be reasonable for him to pay the full amount, if he could afford to do so

If you can, it would be better to try to discuss it with your husband first, to try to come to an agreement.

dobs

I've separated and am currently staying in the house so I am paying all the mortgage costs though we would both be liable if I missed payments

pinkshoes

Why not discuss this with your husband?

I assume you have tried the usual marriage counselling etc...?

mikeeboy

He might be willing to pay all of it on the assumption that you start giving up equity in the house, although as a married couple that could be tricky as I guess you'd own half whether you pay the mortgage or not??