Husband left, shared ownership property and I have to start again :(

Hi all,

My Husband has walked out on me and my children. We had only 17 years left on our mortgage. He has agreed to sign the house over to me.

However, it was on a shared ownership scheme, we bought 50% and rented the other 50%. I am currently applying to remove his name from the housing tennancy bit, then I am buying the other 50% share. In order for me to do this, the house has to be revalued and I have to start again a new mortgage which I am very sad about considering how long was left to pay.

Is there absolutely anything I can do to avoid starting again? There is no equity in it as far as I'm aware, I'm waiting for the valuation to come back. I have very limited knowledge about mortgages, I just like to pay it every month and not worry about the ins and outs so to speak but the whole 8 years now has been completely wasted and if there is anything at all I can do with regards to this, I will....or is this normal in the world of buying a home?!

Please be nice and pardon my naivety ;) (and use simple words....)