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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.

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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.

Non Payment of mortgage/interest only

  • Ekaterine
  • Ekaterine's Avatar Posted by
  • Elite Member
  • Elite Member
01 May 12 #327793 by Ekaterine
Topic started by Ekaterine
I have a Consent Order saying ex should pay towards mortgage until house is sold. He has mano payments. We have had an endowment mature which was intended to pay off half the mortgage bu he won''t pay the money into the mortgage as he thinks it will benefit me as I am the only one paying the mortgage!

So the building society are now threatening to convert the mortgage to part repaymet whch will increase the payments considerably. I wouldn''t mind doing this as when the house sold I could take the half mortgage with me and would have begn paying it off, which is really important as I won''t be able to get a 25 year mortgage. oweer what is rally bugging me is that if I start paying off the mortgage capital this wil presumably increase the equity in the house and I will have to give him a greater share when it is sold. This seems very unfair as he is not paying is dues.

Can anyone suggest howI can get round this problem? I offered to buy him out, he agreed but is now demanding that I give him a larger sum of money than he is due as he is objecting to paying certain parts of the Consent Order. I thought it was all over...

  • jammin35
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  • Senior Member
  • Senior Member
01 May 12 #327810 by jammin35
Reply from jammin35
The second sentence of your note is not clear but if "Mano" is meant to read "made no" then he is in contravention of the Consent Order and you should apply to the court to have this dealt with.

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