Child Maintenance / Mortgage (PLEASE HELP)

Yes, there are 2 kids. I earn £50,000 pa. But she left me with a £45,000 personal loan that we took out whilst together but I stupidly put in just my name. All in all, on paper my salary is good but I have so many debts to pay each month that I'm left with just £50 per week for myself. If you understand I'm 44 and all I have to my name is that stake in the flat she lives in which is in a smashing area in London and I do not want to turn my back on it but I'm scared if I don't pay anymore then she will find a loophole where it is given to her and I'm left with nothing in the end. I hope you understand this. But I simply cannot afford to pay it anymore.

I assume that if the mortgage is £400 per month and is in a nice area of London there is a LOT of equity in the property?

What was the £45k used for? It might be in your name but you may be able to claim that it is a marital debt when you come to dividing your assets.

spannerwood, it will not be the case that you are left with the debt, as much as the equity in the flat is partly yours the debt is partly hers, she wont want it that way but it is.
You are fresh it seems in starting proceedings, but you are in no means to give your kids adecent time when with you.
If you post relevent info which you will find are required on other posts, you will get some decent pointers as to how things will go.
Best thing is to start a new thread with your info and get some answers.
stuff like ages, earnings, equity, loans/debt etc.
remember its all in the pot, the debt will need sorting, flat may need to be sold, but you both need somewhere to live, especially her with the kids, your earnings are good on both sides, she even has a partner already so there must be something can be sorted to enable you both to be debt free and housed. It the only way forward.
It wont just be given to her, and it doesnt affect your outcome if your not paying mortgage.
There are stories on here of people who have left and not paid over years and still got a decent %age.
Remember whilst ever your ex is comfy and you continue to pay what is going to get her to do anything?

She has refused to sell it because it is CHEAP living for her and she knows it. I pay twice as much as she does for a flat half the size. Why would she move and cripple herself like what is happening to me? She earns good, I earn good. I just don't find it fair to have to pay my high London rent and also half her mortgage as well on top of the CM. But if I have to to secure my 50% when she does decide to sell then this is why I still do it. I don't want a decent %, I want my half still. I just need to somehow communicate to her that the mortgage she must cover for me is like her paying rent to me for living there. If I can get through to her on this then she will agree. I'm just struggling to get that point across and she treats them as two different issues.

Hi, there is little equity as the price has heavily slumped since we bought it. The current equity is about £20,000. The £45,000 was for home improvements for a home we used to live in and sold. She said I did it behind her back which is lies. I did sign it but not behind her back. She knew full well. I've accepted this debt now anyway. All I'm interested in is the London flat and maintaining my 50%.

Stop paying it! Or tell her you are moving back in!

YES THANKS! THATS IT EFFECTIVELY.