My ex and I split in March after 11 years together.
We have a new large mortgage with a fixed rate until May next year.
We have separate bank accounts that our salaries are paid into and a joint account that the bills come out of.
He moved out but most of his bills still come to my address. He is still paying half of everything, mortgage in both of our names and three children under 9.
Our bank and mortgage are both with the same bank.
If we go to the bank and change his address and declare he no longer lives in the house, will this change the mortgage?
He has offered to sign the house over to me and I could afford to pay it, just, but I'm pretty sure I don't earn enough to get that size mortgage alone.
Do we just carry on, we plan to start divorce proceeding in Jan or do we begin to separate everything now?
I'm concerned that the mortgage company won't be at all happy with the situation but I've no idea what impact that may have on me. I earn a fair amount more than my ex and would like to protect myself as much as possible.
HUGE tia