Can I get help to pay my mortgage

[sweetiemummy]

Hi if me and my husband split can I get help towards mortgage payments or will I get a new mortgage based on the fact that I would recieve working and child tax credits (I only work 16 hours, and dont earn alot).I would have equity to put down as deposit. Please help, any advice appreciated

Hi Sweetiemummy, Myself and ex split and up I had to buy the house of him or he would of sold it from under us. I went to our mortgage company and we transferred the deeds into my name only it was as easy as that. You can apply for housing benefit and see what they will allow you. You are in a better position because you are not giving up your home which would make you intentionally homeless and they do not help you at all.

good luck

x

Thanks for your advice maidenvoyage.I dont know yet whether he will make me sell the house nor if I could afford to keep it on on my own, but before sitting down and discussing it with him, I need to find out first if I would be allowed to keep it on. Did you have to declare your earnings, as I know based on earnings alone I would not be allowed mortgage but with tax credits and child maintanence I would at least be able to cover mortage. How long have you been split, do you have children, how did they find it.I'm so worried about everything

hi sm, from what i remember, you only get gov. help with your mortgage if u r on income support & then it is only with interest only payments, & only after many many months! think u really need to go to a solicitor, many do free half hr slots where u can get some basic financial advice.
i ended up having to move out due to my circumstances, but now get some housing benefit & council tax benefit, altho i understand this is reviewed after 6 mths where the council start to take into account things like houses & may force us to put the house on the market.
from my v basic understanding of the legal side of things, u will always be the priority as the main caregiver.
pls dont let money worries get in the way of what u think is best for u & your kids, it was a huge worry for me, but (so far) things have worked out ok...
good luck

Thank you daisy, it's so difficult isnt it, we all know when a relationship has broken down but when kids are in the equasion it makes it all so much more difficult, as I just want them to be happy, and I am worried I will not afford to live in the area which we now do and where we will end up and so would have to take out of schools which on top of mom and dad splitting up would be just awful. Oh it's so horrible and heart wrenching. Just torn, it;s so difficult when kids are involved isnt it, they are so innocent in all of it.

Hi sweetimummy, I split from hubby in march 08as my son was just one I was working 24hours a wk and was totally panicked on how I would cope. I would definately recommend going to see a solicitor, if you phone around and see if any in your area take on clients with legal aid they will give you an initial 60min assesment so you are able to discuss your worries and if you take in your pay slips, proof of tax credits they will assess you for legal aid.I also visited citizens advive to speak to them regarding options.My xh had always taken charge of finances and when he moved out I had to open my own bank account (really recommend this if you have a joint one)and saved lots of money just by cancelling luxuries such as sky tv and changing car insurance, home insurance policies ect....It is a very worrying stressful time but I promise so far things have ben fine, I still havent secured the property in my name yet (ex is being difficult) but I pay all the bills and mortgage fine now and even have money for luxuries. I am fortunate enough now to have a very well paid job though still work part time, you can manage , some weeks can be better than others but hold your head high xx

Some mortgage companies take tax credits into account when assessing your income, others don't. Your best bet would be to use a broker to find the best deal from those that do. I can personally recommend London & Country, who were fab for me. If you google them, something will come up.

Hope it gets sorted.

Hi,

This may interest you. Because of the recession, the gov is extending housing benefit payments to householders with houses up to 200K. Also, the time limit has been reduced to a 13 week wait.

See link, sorry lazy too do a link, hope this work.

news.bbc.co.uk/1/hi/uk_politics/7810806.stm

Thank you all for your messages, you've all been a great help.x