Mortgage Worries

hi

Do not give her all the equity - you need to set up your life again. Tough though that sounds you need to provide a home for the kids aswell. Although it goes against my principles and I am having to consider bankruptcy because ex not paying mortgage.....my advice is stop paying any of the mortgage. Banks do not like to repossess - it takes a long time. The reason I give this is advice is a) it might spur her to pay it or b) she may apply for Maintenance pending Suit and no judge will order you to pay for something you cannot afford. She may try to lie about her outgoigns but from what you have said alrready about her income she must be raking the CTC in - believe me.......

It is a huge decision but worth the risk - your credit file will not be affected until the arrears are above a month's payment. And dont feel guilty about the kids - it is her who should feel bad - she is using them to control you.
It is this type of mum who give the rest of us a bad name - I would never behave like that - I cant stand him but he is my daughters dad - at end of day what your ex is doing will affect your kids quality of life but she cant see that or doesnt seem to care because she wants to hurt you.

Rant over!!!!!!

Jess x

Popoliv
She will be under doing the figures
The benefits will be £1240 with her job plus yours on top trust me on this one.
She ain't gonna tell you the truth she's out to get as good a settlement as she can.
How I thought on things was there's one pot of money.
From there you have to look at all the costs involved.
If theres £110000 equity then if you spend £30000 to go to court you've spent nearly a 1/3rd of the pot on wxnky solicitors.
If you make her move again conveyancing removal fees stamp duties,cost of furnishings etc again that will all cost.
if she stays put and even if you have to wait for your 20/30% in ten years it's cheapest all ways round and most settled environment for the kids.
i know it ain't ideal but if you fall on your sword now you won't have to keep forking out spousal.
Which I highly doubt anyway and solicitors always give you worse case scenario to cover their rses if it does go wrong.
just get in your head you'll be having to rent that's how it goes for divorced fathers of smaller kids.
Then you go out and make as much money as possible keep it all liquid and not detectable.I know the ladies on here wanna say how terrible that is but no one wants to give free money they've earnt to an ex.
10 or 15 years time she'll have the house but no income and you'll have earnt your money back.She'll get another bloke to pay for her anyway she'll have to.
All the best
Pete xx