A well respected, award winning social enterprise
Volunteer run - Government and charity funded
We help 50,000 people a year through divorce

01202 805020

Lines open: Monday to Friday 9am-5pm
Call for FREE expert advice & service info


What are we each entitled to in our divorce settlement?

What does the law say about how to split the house, how to share pensions and other assets, and how much maintenance is payable.

What steps can we take to reach a fair agreement?

The four basic steps to reaching an agreement on divorce finances are: disclosure, getting advice, negotiating and implementing a Consent Order.

What is a Consent Order and why do we need one?

A Consent Order is a legally binding document that finalises a divorcing couple's agreement on property, pensions and other assets.


Do you need help sorting out a fair financial settlement?

Our consultant service offers expert advice and support to help you reach agreement on a fair financial settlement quickly, and for less than a quarter of the cost of using a traditional high street solicitor.


Housing - please help!

  • keadca
  • keadca's Avatar Posted by
  • Junior Member
  • Junior Member
More
28 Apr 12 #326990 by keadca
Topic started by keadca
Hi, I''ve been separated for almost 2 years, divorced for 1 year. The divorce was simple enough, he cheated, lied and betrayed and he had no problem signing the divorce papers and this went through really quickly.

Nothing financial was sorted out in the divorce. The home I live in with our 3 young children was bought 10 years ago but remortgaged and loaned on. This has been valued at what we owe on the mortgage so it would cost to sell (not just legal fees but leasehold needs to be extended too).

My ex walked out of his job in December and stopped paying maintenance to me. I don''t work and have been forced to put the house on the market and hope to get enough to clear mortgage.

My parents help me out every month with the mortgage as they don''t want me and the kids to have the stress of repossession. I know they really can''t afford it though and feel extremely guilty every month when I ask.

The house has been on the market since January and I haven''t even had a viewing so am not hopeful to sell any time soon. My understanding also is that if I just stop paying the mortgage and leave the house then the council won''t re-home us as a priority? Which leaves the option of only making part payments until a court order forces repossession which could take a year or so?

I''m so confused and don''t know what to do for the best. I''m bringing up 3 kids on my own, with no help from their dad and am tired enough without the worry of repossession but I can''t continue to take money from my parents when I know for a fact they are suffering because of it.

Sorry for the rambling message, I feel so trapped.

Thanks for reading

  • sillywoman
  • sillywoman's Avatar
  • User is blocked
  • User is blocked
More
28 Apr 12 #327001 by sillywoman
Reply from sillywoman
If you are unemployed the government will pay the interest element for 2 yeaars.
Hope this helps.

  • keadca
  • keadca's Avatar Posted by
  • Junior Member
  • Junior Member
More
28 Apr 12 #327005 by keadca
Reply from keadca
Thanks for your reply. I do receive some money toward the mortgage but because we remortgaged and have a secured mortgage, they only pay about 1/5th of the whole amount - and the mortgage is interest only anyway!

Do they only pay for two years? If so I''m gonna be in a lot more trouble than I already am!

  • sillywoman
  • sillywoman's Avatar
  • User is blocked
  • User is blocked
More
30 Apr 12 #327527 by sillywoman
Reply from sillywoman
keep job searching, it has taken me a long time, but today I started a new job after over a year being unemployed!

  • LittleMrMike
  • LittleMrMike's Avatar
  • Platinum Member
  • Platinum Member
More
01 May 12 #327694 by LittleMrMike
Reply from LittleMrMike
Sorry about late reply, your post went '' off the radar '' and I couldn''t trace it. I discovered it by accident, so better late than never.

I think I see where you are coming from. If I am not much mistaken you are concerned that if your house is re-possessed due to mortgage arrears then you would be classified as '' intentionally homeless '' and the Council''s only duty would be to re-house on a temporary basis whilst enquiries were carried out.

But it''s really not quite that simple, and rather than delve into the murky depths of homelessness law, I''ll send you a PM.

LMM

Moderators: wikivorce teamrubytuesdaydukeyhadenoughnowTetsSheziLinda SheridanForsetiMitchumWhiteRoseLostboy67WYSPECIALBubblegum11