Hi I love this site it has helped me in the past and I am hoping I can be helped with some advice as I am getting allsorts of info from family and friends that is very conflicting and causing me all sorts of worry and stress.
So the short version of the story goes like this;
We moved into our new house in july 2012 joint mortgage but all the money used for deposit solicitors fees estate agents etc was paid for by me. I have £13k tied up in the house at current so owe about £112k in total my mortgage is with Halifax whether that makes a difference or not I dont know.
So I moved heaven and earth for a new start for myself, my partner, 2 step children, and my daughter. It all went pear shape and we split up before Xmas.
Now she is happy for the house to be signed into my name, I have never missed a mortgage payment and I have always been the one to pay the mortgage as my ex cant be arsed to even try to get another job :mad:.
Now the youngest is to stay with me we agreed upon and my ex and her two children were to move out locally so we can all still see each other regularly, her choice. She has agreed to sign the house over to me.
The thing that is bothering me is whether halifax will force me to sell the house or repossess it I was told that as long as I keep up the payments they cant do that but have been told they can if they want to?
So I earn £21,798 a year according to the online benefits thing its estimates I should receive about £238 a week in benefits for my daughter so a year thats £12,376 does that sound right to anyone I am really confused?
The other issue is I have alot of debt roughly around £14,000 made up of credit cards and overdrafts, my credit rating is pretty good but cant get any 0% credit cards to make it easier to pay it all off. I am desperately trying to clear all my debts before she leaves to help my circumstances.
I am worried I wont be able to keep the house I have put so much into getting it I am very upset with everything at the moment and I am just so worried if anyone can shed some light or advice on this? Am I worrying about nothing? I have never been in this situation before and im stressed already dude to the breakup and everything else that is going on plus we are still living together.
I thought I could do a dmp or IVA but need to know whether I can even keep the house before trying these options? Anyone else been in this situation?
Thanks P
So the short version of the story goes like this;
We moved into our new house in july 2012 joint mortgage but all the money used for deposit solicitors fees estate agents etc was paid for by me. I have £13k tied up in the house at current so owe about £112k in total my mortgage is with Halifax whether that makes a difference or not I dont know.
So I moved heaven and earth for a new start for myself, my partner, 2 step children, and my daughter. It all went pear shape and we split up before Xmas.
Now she is happy for the house to be signed into my name, I have never missed a mortgage payment and I have always been the one to pay the mortgage as my ex cant be arsed to even try to get another job :mad:.
Now the youngest is to stay with me we agreed upon and my ex and her two children were to move out locally so we can all still see each other regularly, her choice. She has agreed to sign the house over to me.
The thing that is bothering me is whether halifax will force me to sell the house or repossess it I was told that as long as I keep up the payments they cant do that but have been told they can if they want to?
So I earn £21,798 a year according to the online benefits thing its estimates I should receive about £238 a week in benefits for my daughter so a year thats £12,376 does that sound right to anyone I am really confused?
The other issue is I have alot of debt roughly around £14,000 made up of credit cards and overdrafts, my credit rating is pretty good but cant get any 0% credit cards to make it easier to pay it all off. I am desperately trying to clear all my debts before she leaves to help my circumstances.
I am worried I wont be able to keep the house I have put so much into getting it I am very upset with everything at the moment and I am just so worried if anyone can shed some light or advice on this? Am I worrying about nothing? I have never been in this situation before and im stressed already dude to the breakup and everything else that is going on plus we are still living together.
I thought I could do a dmp or IVA but need to know whether I can even keep the house before trying these options? Anyone else been in this situation?
Thanks P