fixed term coming to end, marrige ended...I cant afford the mortgage.

[doozledog]

in a nut shell:

joint own property for 16 months with Exh, he's not paid his half of the mortgage for the last 4 months. ( he wants to sell) our 2yr fixed term comes to a end in may. I want to stay in the property for the sake of our LB who is 6. I have kept the bank updated on my situation and today i rang to talk about the mortgage rates, obviously exh (no relationship ,not civil at all) wont re mortgage with me so as long as he keeps his name on the property I would be switched to a variable which is a whopping 6.9% as it stands today. i absolutely can't afford that at all. I am currently paying his half of the mortgage with his maintenance . I'm working 25hrs a week and claiming UC. Rent in my area is more then my current mortgage and the council said i cant even go on the list till i have sold the house. i have no family to stay with either, I'm having a absolute melt down, i'm scared to death i'm going to have nowhere to go.

i've contacted a mortgage advisor and I'm looking for solicitors but i cant even afford a solicitor!

I know we could sell it but this is my childs home, i ultimately know i will have to sell which is a terrible shame and will go down as my biggest failure

any help or advice welcome.

Debt advisor here. Speak to your mortgage company. They may be able to extend the term or even alter the rate you pay. There are a lot of things mortgage companies have to do to help people in arrears who might face repossession (appreciate you might not be at that point yet). But they may well be able to help. Or you could consider renting the whole place out and renting somewhere cheaper for a while. And your ex is wrong. If you default on your mortgage and it gets repossessed it'll stay on your credit report for 12 years not give.

Five not give

It doesn't sound like you can afford to keep the house unless you can work more hours. Can you go full time? UC rules are meant to be changing I think so that you can claim support with mortgage interest even if you are working. Currently you need zero income for around nine months to qualify for help. I have no idea when this change might happen though. If you need to sell up and rent then you would get help with rent on UC unless any equity in the house gives you more than 16k in savings in which case your Uc claim would end.

No better advice to give than anyone has already given OP just very sorry this is happening to you due to colossal mismanagement of the economy, it’s the last thing you need to have to worry about during a split. He can’t literally leave you with nothing though.

That's incorrect. He hasn't had the benefit of living in the house so who paid what of the mortgage doesn't come into it.
It doesn't seem as though there is any way for OP to stay unfortunately other than to increase her hours to pay the higher mortgage. He has to pay CM but has no obligation to pay the mortgage too.

I would sell and try to buy something smaller like a 2 bedroom apartment.Whatever you can afford even a shared ownership property just to stay on the property ladder.