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Separation - Mortgage and Equity

  • twinkle1
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23 Jul 09 #133444 by twinkle1
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Help!

I separated from my ex partnr of nearly 10 years last year.

He now wants money from the equity of the house, and is demanding being taken off of the mortgage. I have a 13y daughter from a previous relationship and a 7 year old daughter with my ex.

This is a really complicated situation as he has taken on my 13 year old as his own (and I must say, even after the separation he has been great to her - although he should be as the split has nothing to do with her!)

Right here comes the complicated bit. I put over £90k into this house from my previous sole property, he put in about £11k but also redeemed his credit cards and added the amount in total of £16,900.00 to the mortgage which were not my debts.

My outstanding mortgage is £188,000 and property due to house price falls is now valued at approx £250,000. He wants 50% I offered him £20,000 before realising I am currently paying off his credit card debt which is on the mortgage. He is cutting maintenance payments as he wants his money. I cant take him off of the mortgage as I dont earn enough on paper to take it on my own. He has not contributed to the mortgage since July 2008. Please help, I need to know where I legally stand, I'm so scared of losing my home and my equity and dont know how much I need to pay him.

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23 Jul 09 #133447 by dukey
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Hello when you say partner are you married or did you cohabit? its quite important.

Thank you Dukey

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23 Jul 09 #133453 by twinkle1
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We were just co-habiting, we were engaged to be married but it never got that far

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