Help husband hidden debt

[Grenola]

My husband moved out of our family home in April.

I am trying to secure a mortgage alone to enable me to divorce him and keep the kids in the family home.

My mortgage broker has said there are several defaults and pay day loans on our address so I can’t get mortgage alone until 12 months after they are clear.

He has apparently had this debt since he left and hasn’t changed his address so it is registered here.

where do I stand? If he changes to address will that remove the debt from my address.

I have asked a solicitor but waiting on them… I’m stressed and worried for me and the kids.

I don’t trust him, he is a liar about money I think.

I am a broker. Assuming you are in the U.K. The defaults will be against him or you, not the address. If you have a joint financial commitment you will have a financial association and this will stop some lenders lending to you. Do you have a joint mortgage at present?

Have you obtained your credit file? If not go to checkmyfile and obtain from them as it shows all three files. You need to make sure they are not in your name. Sometimes, when people are desperate for money, they take them fraudulently in the partners name.

Hello

thanks for your reply
my Personal credit check seems fine.

he is promising he has t borrowed against the house. I’m awaiting more detail as this was from an email.

he has taken out a bank loan, and his bank is still registered at this address which he has now updated.

When you say it’s fine do you mean your score or the payment history, demonstrated by numbers and colours, on your file? You are looking for all zeros and green. Sorry if that comes across as patronising but it’s a common error, people think it’s the score that matters.

You will have a financial association. This is where it’s tricky. Ideally you would disassociate but you can’t if you have any joint finances (bank account , mortgage etc).

Does he want you to buy him out? Is it amicable? If so ask him to get his credit file (checkmyfile) too. Ask friends for recommendations for a good experienced broker and go together. Some high st lenders allow minor adverse, you need a good broker (they are not all the same).

Thank you …. Yeah the score and colour wheel show as a good rating. We don’t share a bank account and never have.

we have a joint mortgage.

it appears that the mortgage broker mistakably pulled another persons file and we do not have any loans or debts on the address.

Which is such a relief, and in fact the drama of me confronting him about this has caused us to have a really big and honest conversation. He realised that to keep the house for the kids he needs to be realistic about what equity share he wants.

thanks for your advice x

I hope you get everything sorted! Good luck.