Don’t know where to start

[ww6375]

Hi all, just looking for a bit of advice if that’s ok?

I’ve been with my husband for 23 years, we have 3 teenage children.

We have decided to separate for various reasons although truth be told it’s me more than him that wants it to happen. The trouble is I don’t knownwheee to start.

we bought out home 3 years ago. The mortgage is high as my husband has bad credit. He has no savings at all and now says he needs to stay here whilst he saves for a deposit on a place I go to.

I work full time and have savings of about £600. I can’t take over my mortgage payment and everything else on my basic salary and I can’t put a claim in to help me whilst he’s still here.

He cant pay the mortgage and get the money together to move out.

We started off with an amicable split and we’re gradually descending into absolute chaos, the tension is unbearable.

I just don’t know what to do. I’ve thought about a loan to consolidate a few things like my car and credit card payments and take a bit extra to help him leave as my credit is good but then I worry I’ll be stuck with a bad credit mortgage and a loan as I might not be able to get a remortgage with a recent loan on my file.

im in a catch 22. I just don’t know where to start 😔

Surely if neither of you can afford to run the house indivdually it needs to be sold?

With a bit of support from UC i would be able to manage it I think. It’s just the initial costs of him leaving and setting himself up, he need a bond and months rent in advance etc and I can’t make a claim until he’s left.

It’s impossible. I don’t even know how much help I’d get.

I thought about taking a loan to consolidate my car pcp and credit cards with a little extra to help get him started but then I probably wouldn’t be able to remortgage.

I think I’m just a bit overwhelmed

If you are married you can make a benefit claim once you separate even if living together. But you need to actually financially separate in case it gets checked. That means agreeing somethings.

Have you actually checked if you can get a mortgage once you have bought him out. I concur a consolidation loan on top of everything else may limit your options.