I split up with my partner on the 31st October 2012. By then, our mortgage was already paid for the month of November. He moved out that night, took all of his belongings and later came back for half of the furniture. He has only been in the property since to be difficult and change locks so I cannot get access.
After the split, he refused to pay any of the mortgage since I was living in the property. I tried to get the property put into my own name, get a guarantor etc, but every route I attempted to go down, he refused to co-operate. I paid the full mortgage (roughly £1000 pcm) in the months of December and January myself as he point-blank refused and I did not want my credit rating affected (I have a great credit rating, have owned my own flat from the age of 19, have no credit cards, store cards or overdrafts etc.) In February and March, I paid half of the mortgage and my solicitor contacted him asking for him to pay the remaining 50%. He refused and the mortgage went unpaid and our joint account went overdrawn. He eventually said he would pay one third of the mortgage. But this still does not cover the full amount and it remains unpaid each month with the bank charging us unrelentlessly each time as the account is overdrawn.
I am now no longer living in the property and in April I did not pay anything towards the mortgage account. I felt that he owed me a fortune and that since the beginning of our separation, I had done my best (paying the full mortgage and then agreeing to pay half) while he had paid the full total of roughly £600.00
I am now trying to market the property and I had five estate agents out to give quotations etc. My solicitor wrote to him to outline the amount the fees would be etc. I paid £499.00 to get the property on the market but he is now refusing to pay his half. I feel that I have totally hit a brick wall. I cannot get him to pay his half of the mortgage and I am unable to sell the house.
I paid about 90% of the deposit for the house as I sold my flat. He put in about £1700 from joint savings. As our mortgage has an early repayment charge of £8000 and the loan to value is very high, I will walk away with nothing! I'd even be lucky to break even! I have always worked incredibly hard to pay for my own property, came into the relationship with a lot more finance that he had to offer, and I feel i'm loosing everything I worked for in the last 11 years.
Can someone please advise?! This is now 6 months later, my credit rating is going down the tubes and I can see no way forward. Am I best to walk away and let the bank repossess? I never intend to buy another property and, although I have always really looked after my credit rating, am I best to just go bankrupt? His mother is very high up in the bank that our mortgage is with and I feel I have no clue what his game plan is - it is all very intimidating! Plus, his solicitor frequently writes to me with letters so threatening, I never thought it possible - or legal!
Any financial advice would be VERY MUCH appreciated. I tried to ask my solicitor and the bank for advice but the bank simply said that because it was 'joint and several policy' that it didn't matter who paid what towards the mortgage - just as long as it got paid.
Please help!
After the split, he refused to pay any of the mortgage since I was living in the property. I tried to get the property put into my own name, get a guarantor etc, but every route I attempted to go down, he refused to co-operate. I paid the full mortgage (roughly £1000 pcm) in the months of December and January myself as he point-blank refused and I did not want my credit rating affected (I have a great credit rating, have owned my own flat from the age of 19, have no credit cards, store cards or overdrafts etc.) In February and March, I paid half of the mortgage and my solicitor contacted him asking for him to pay the remaining 50%. He refused and the mortgage went unpaid and our joint account went overdrawn. He eventually said he would pay one third of the mortgage. But this still does not cover the full amount and it remains unpaid each month with the bank charging us unrelentlessly each time as the account is overdrawn.
I am now no longer living in the property and in April I did not pay anything towards the mortgage account. I felt that he owed me a fortune and that since the beginning of our separation, I had done my best (paying the full mortgage and then agreeing to pay half) while he had paid the full total of roughly £600.00
I am now trying to market the property and I had five estate agents out to give quotations etc. My solicitor wrote to him to outline the amount the fees would be etc. I paid £499.00 to get the property on the market but he is now refusing to pay his half. I feel that I have totally hit a brick wall. I cannot get him to pay his half of the mortgage and I am unable to sell the house.
I paid about 90% of the deposit for the house as I sold my flat. He put in about £1700 from joint savings. As our mortgage has an early repayment charge of £8000 and the loan to value is very high, I will walk away with nothing! I'd even be lucky to break even! I have always worked incredibly hard to pay for my own property, came into the relationship with a lot more finance that he had to offer, and I feel i'm loosing everything I worked for in the last 11 years.
Can someone please advise?! This is now 6 months later, my credit rating is going down the tubes and I can see no way forward. Am I best to walk away and let the bank repossess? I never intend to buy another property and, although I have always really looked after my credit rating, am I best to just go bankrupt? His mother is very high up in the bank that our mortgage is with and I feel I have no clue what his game plan is - it is all very intimidating! Plus, his solicitor frequently writes to me with letters so threatening, I never thought it possible - or legal!
Any financial advice would be VERY MUCH appreciated. I tried to ask my solicitor and the bank for advice but the bank simply said that because it was 'joint and several policy' that it didn't matter who paid what towards the mortgage - just as long as it got paid.
Please help!