do i have to pay the morgage?

Hi i am seperated from my husband he is still living in joint property[ he has his own property he rents out ] i am living in my own property do i still have to pay the morgage? on joint property . at present i am still paying half of everything morgage bills etc even though i have moved out and he is living there . confused ANN

bluegirl60 wrote:

Hi i am seperated from my husband he is still living in joint property[ he has his own property he rents out ] i am living in my own property do i still have to pay the morgage? on joint property . at present i am still paying half of everything morgage bills etc even though i have moved out and he is living there . confused ANN

Ann,
No expert, but as nobody replied so far, I will have a stab.

Are you on the mortgage as a joint mortgagee? If so, then you have a liability to the mortgage company. If you stop paying, they will come after you for the arrears.

If you are not, then you COULD simply stop paying and STBX husband would be liable for the arrears.

It is not clear whether you are on any kind of civil terms with your husband, so it is not easy to guess how he may react.

If you wanted to remain amicable with him, you could put the mortgage on an interest only basis, which would substantially reduce your joint outgoings.

It isn't clear what stage of proceedings you are at - has a petition been issued? Has either party applied for ancillary relief? This is the part of the divorce process which deals with the finances. As the STBX is remaining in the former marital home, what are his proposals? Does he intend to buy you out and keep the property? Does he intend to sell the property? How long have you been married?

If you post up some more information, people may be able to make suggestions.

Best of luck, and give the dog a hug!
Mike

This is another issue where common sense really dictates what to do. Obviously someone cannot walk out leaving a huge mortgage they can afford to pay, or pay part of, when the other party has little or no income and will be left struggling. On the other hand, if one party enjoys the sole use of a modest property and can afford the mortgage it would be unfair to ask a person of modest means who left to contribute when they have their own living costs to pay.