About to file for divorce, after i have worked out what i am entitled to.
Our home is is my name but hubs pays the mortgage. He is threatening to stop paying. We have 2 children, both are registered disabled. (4 and 8)
I cant work as I have been there main career. Ideally me and the children would stay in the house, as its their home and i want them to be on familar and safe ground, until things are calmer. In time yes we will move to somewhere else.
I have £800 a month coming in with child benefit and DLA.
Even though the mortgage is in my name hubs has remortgaged a few times, so the costs have gone up to £1600 per month with another £400 on top for insurance.
Question. Can i get the payments reduced for an amount of time until I have either got a job or win the lottery:woohoo: Can i make him carry on paying the mortgage and bills?
My s2bxh is very nasty and would rather make himself bankrupt so he doesnt have to pay me a penny. He owns 2 properties and i have been told that i can get a charge put to get my share. There are also 2 other endowments, one in his name, and one joint. He has run up personal debts of £120k so he could justify going bankrupt, and doing cash in hand jobs.
I want this to be a calm split, where we both play fair for our childre, i just need to know, if he plays dirty what can i do.
Thats a huge interest only mortgage. If the house is yours (it is if its in your name and I must presume that the deeds and the mortgage are in your name only). I would think its best to settle this mortgage by selling up and moving to somewhere you can afford. There is no way U can pay 1600 + bills on 800 a month. As its your house he does not have covenent to pay. How did you get 1600 a month of 800 a month income? Also 400 a month is a huge amount for insurances. I pay 25 a month for building and contents. Thats with accidental damage. I dont have life cover as I dont have anyone to leave it to. The cats home gets it all