In a panic. Stbeh has bought a house without telling me.

[dontrecycle]

Just found out he has bought a house. We have not yet agreed on a financial settlement.

I live in the family home at present. Two kids.

I don't know how but am I liable for this? Does the debt for this house now come into play in our financial settlement?

[georgeandthedragon]

Not a lawyer but I would think yes as it's still marital pot
If you are in family house assume he needed somewhere to live also?

[dontrecycle]

Yes but we can't afford two houses.

[georgeandthedragon]

Do you know how he paid for it / how the bank lent him the money - especially these days he would have had to prove to them he could afford it.

Maybe someone lent him money or he had some more money you didn't know about ?

[NotaCoolMum]

What a wanker

[icedbun5]

Actually bought it?

Do you know how he's done it?

[edwinbear]

But where do you think he should live if you’re in the family home?

[Feralkidsatthecampsite]

Congratulations op - you are part owner of another house. Presumably it goes into the marital pot?

[Longdistance]

Has he taken money from the family home? Remortgaged it to get a deposit?

[maddiemookins16mum]

Surely he has purchased a home to live in so his two kids can come over half the week?

[Thelittleweasel]

@dontrecycle

Assuming you are getting a divorce [or will] all your assets and any agreed ownership goes on "Form E" less any liabilities. So the equity on his new house will be shown as "his".

It is a good idea - in my view - to start getting "facts" together. If you know the address you can [for a few ££] get a copy online of the land-registry documents. You will be able to establish the beneficial owner and any restrictions, the amount paid and any mortgage on the property. May be interesting!

[NotSuchASmugMarriedNow1]

Don't panic. Firstly, he's got to live somewhere hasn't he? Where was he living before he brought the house?

Maybe his parents have brought it for him.

He CAN afford it, obviously, otherwise he wouldn't have been able to have it.

[timeisnotaline]

I guess it’s a debt in the family pool now? Do you think he’s assuming you will pay current house mortgage on your own and you had expected help? I know you’re panicking but we probably need more detail :)
Has he actually executed and settled on it? Or just made an offer and starting the lengthy settlement process? What did you think the housing plans for each of you were and how would they be funded?

[icedbun5]

@maddiemookins16mum

Surely he has purchased a home to live in so his two kids can come over half the week?

Well yes, but you shouldn't buy a house until the finances are settled! Perhaps sell the house they all live in. The OP says that they can't afford two houses.

[nasiisthebest]

So what was the plan if you can't afford two houses? I doubt that he was supposed to go live in a tent in the backyard. Did you discuss keeping the family home? Can you buy him out?

[netflixismysidehustle]

You need to find out how he financed the purchase and who's name is on the paperwork.

[Smellbellina]

You can download the land registry doc for £3.

[Northernsoullover]

My partners ex bought a house before the financial settlement. It was a mistake on her part as she defence got less than she would have had she not. Her parents helped her. So it might not be a bad thing for you.

[PegasusReturns]

If he bought it with a mortgage presumably the bank thought he could afford it...

[Northernsoullover]

Definitely* stupid phone

[Monday55]

Maybe he earns more than you know or he had some savings he never disclosed all these years / inheritance maybe? are his family wealthy ?

[IceCreamAndCandyfloss]

@dontrecycle

Yes but we can't afford two houses.

He has to live somewhere and you have obviously decided to stay put in what was his home.

Surely you pay for yours and he pays for his until the finances are sorted. Or were you expecting him to fund your mortgage as well?

[bakedoff]

Speak to a solicitor and find out more details

[Lifeisabeach09]

I'm likely wrong but isn't that a good thing? He can't force you to sell your co-owned home on the pretext of not affording another?

You'll have to take over responsibility for the mortgage of the joint house and/or buy him out if possible?

[Cheetahfajita]

Had you discussed where he would live?

[dontrecycle]

Already exchanged form e but we had agreed to do it again pre settlement as I didn't have all my pension information and he didn't have his business valued.

I'm thinking he has cashed in his pension (can you do that)??? He won't tell me how he has bought it.

I just think he's got me into debt with an additional mortgage without my consent.