Sunday, August 22, 2010

Break up and mortgage mess UK Advice please, thanks?

I live in the flat me and ex have mortgage on. it is in both names. she has moved out and pays half the mortgage only.mortgage comes out of her bank account and i manualy pay in my half to her bank. She has now said she is not happy paying half and wants more money from me or me to pay all of it. can she demand this or does she have 50% responsibility in the eyes of the law.we can not sell until may as penalties are way to high. to rent it out we would need to get a different mortgage i think so that not going to work. any advice and links to advice websites needed many thanks in advanceBreak up and mortgage mess UK Advice please, thanks?
If it is in joint names you are both individually and jointly liable..........so if you don't pay the bank will chase her and visa versa.....however as it is normally named as Mr %26amp; Mrs the bank will go after the first named....Mr and if it is not paid the bank will go to court and get the property sold and you will have to pay all bank and court costs, money owned, interest...and may be left with very little.Break up and mortgage mess UK Advice please, thanks?
Try contacting Citizens Advice about this.
Would have been best if both of you got married in the first place. At least both of you would have known where you stand.
don't know.
if she does not want to pay her share then leave her off as she looses out on this flat of yours. so get the payments to be changed from taking out of your bank account instead and you pay full. if can afford give her something from either savings or a loan then do so, get an order through the courts saying its yours and change the mortgage into your name alone.


but if she don't agree to you taking over the full and means you get the place then she has no choice to pay her share, half regardless living there or not. don't let her bully you and stand up to yourself.


good luck

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