Tenants in common

Sebnemcaber

Hi
We are getting divorce and we are tenants in common. 
Husband paid towards the deposit and mortgage. It turns out he has £240000 loans, which he used for mortgage payments directly. The lenders are asking for their money to be paid back. We still have £100000 mortgage outstanding. House value is £500000.
My questions are
Am i liable of the loans that i had no knowledge of which  he used to pay towards mortgage payments? 
What would be my share when the house is sold? 
Please note that, there is no trust deed or a statement that states the share of the parties. 
Thank you

74jax

What is lodged at Land Registry? What % do you both own? 

[Deleted User]

Sebnemcaber said:

Hi
We are getting divorce and we are tenants in common. 
Husband paid towards the deposit and mortgage. It turns out he has £240000 loans, which he used for mortgage payments directly. The lenders are asking for their money to be paid back. We still have £100000 mortgage outstanding. House value is £500000.
My questions are
Am i liable of the loans that i had no knowledge of which  he used to pay towards mortgage payments? 
What would be my share when the house is sold? 
Please note that, there is no trust deed or a statement that states the share of the parties. 
Thank you

If the loans are only in his name then you’re not liable for them as such but like marital assets debts accrued during the marriage can be considered in the financial order during divorce. 

Keep_pedalling

How long have you been married?

Sebnemcaber

We have been married for 7 years. No percentage states at Land registry. He said he made the contributions towards the mortgage and he only voluntarily put my name down. 

Sebnemcaber

74jax said:

What is lodged at Land Registry? What % do you both own? 

There is no mention of any share, percentage etc on land registry. He said he made the contributions towards the mortgage and i dont have much to get if the hoise is sold.. 

Sebnemcaber

Sebnemcaber said:

74jax said:

What is lodged at Land Registry? What % do you both own? 

There is no mention of any share, percentage etc on land registry. He said he made the contributions towards the mortgage and i dont have much to get if the hoise is sold.. 

And yes, both our names on as absolute.. 

Sebnemcaber

Keep_pedalling said:

How long have you been married?

We have been married for 7 years. He used the money he borrowed from his brother directly for mortgage payments.
This money was  originally lent before we got married for his flat and  husband was  suppose to pay him back when he sold it while we were then married. So he carried that money borrowed forward for this houses deposit.