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Hi there,
Are you on the mortgage as Joint Tenants or Tenants in Common do you know? This may make a difference in regards to payments, it’s worth checking with your mortgage lender.
Most couples opt for Joint Tenants as it’s easier, if one party dies, the other party gets the house.
Due to Covid-19 virtually all mortgage lenders are offering a 3 month mortgage holiday at the moment, so is it possible to take one of these and defer the payments for a while? Legally, you are responsible for meeting the payments too, however, if they are not made and the lender eventually goes for repossession this may suit you if he is not going to agree to the selling of the house for financial separation to be finalised. The down side of this is a poor credit rating, difficulty in obtaining a mortgage or finance in future, and the house may sell for less if the lender goes for repossession.
If you are Tenants in Common, then each of you own a share of the house. It may be possible that the mortgage lender will accept a payment from you towards your share, it may be worth asking the question. If they will not accept a separate payment from you towards it then be wary of how you proceed with payments unless you are getting monthly confirmation from the lender that the full payments are being met.
If you were to transfer half of the payment to your ex’s account with the belief he will use it to pay the monthly payment in full, but he doesn’t pay anything and defaults, you will still be liable for half of the outstanding payments, even though you have sent the money for it to be paid.
If he is a gambler and fears he’s going to lose the house anyway because he can’t afford it by himself then he may take your money to do what he pleases with, still build up a mortgage arrears for which you are both responsible for, and you lose out both ways.
If you are both on the mortgage, did you sign to agree to the re-mortgages? If he has forged your signature then that’s illegal. He can’t re-mortgage on a joint mortgage without your consent.
If the arrears are building up and a mortgage holiday is not possible it may be worth seeking legal advice on this asap to protect your interests in the property. I have known men trash houses in order to devalue them, just so their ex doesn’t get as much money as she thought. They’ve been too enraged to consider they’re doing themselves out of money too, so hell bent are they on getting revenge in whatever way they think they can!
If the mortgage is just in his name, you can ignore all of the above. The simple answer is NO 🙂
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Hi
It’s a joint mortgage. We also had a joint bank account but he just used to take all the money including my wages and give me an allowance. I opened a separate bank account and arranged for my wages to be put in that. He used to take money out of my purse regularly.
He lied to me about the remortgage. I signed something for something completely different. I feel stupid now but if I did have to pay then I wouldn’t trust him to pay the mortgage. I think he has missed payments. He was always bad with paying. He used to let things like electric be cut off before he paid.
When my brother took the kids to him, he told me there are holes in the walls where my ex has put his fist through the wall.
I am going to call the mortgage and find out my options.
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