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Original poster

Advice on selling and moving into rented!!

9 replies

Staceym21AtLast · 31/03/2008 21:34

RIght some of you lot know my background but i'll recap for everyone.

Dh left in Sept, we have a part buy part rent. Don't know if he's coming back. But i can't afford the mortgage on this place, i'm ending up minus each month.

So i need to sell and move into rented until the kids are older, i've got some qualifications and i can start work.

Any tips on where to go who to talk to, because i have a funny feeling i cant afford to move out, as i don't have spare cash for legal fees etc. but i cant afford to stay either!!

i think im just f*cked!

OP posts:
twotimestrouble · 01/04/2008 16:28

Any of the following should be able to support you and give advice.

Citizens Advice Bureau - incredibly helpful.

www.gingerbread.org.uk/ - an organisation for lone parents have a useful helpline

also see here www.oneparentfamilies.org.uk/

Original poster
Staceym21AtLast · 01/04/2008 19:01

thank you for the websites!!

OP posts:
iheartdusty · 01/04/2008 19:52

would your housing association increase the share they own or buy back without excessive fees?

Original poster
Staceym21AtLast · 01/04/2008 20:06

i cant sell it back, they have to re-sell before i even try and they get 3 months to re-sell.

i cant reduce my share either as we brought the minimum 35%!

oh every option seems to have a brick wall at the end, but thanks for the thoughts!

OP posts:
cba · 01/04/2008 20:12

could you get someone to move into your place and cover mortgage repayments, then you move into rented?

Original poster
Staceym21AtLast · 01/04/2008 20:22

they'd have to cover the rent and bills as well, dont think i'd manage it, and if they defaulted it'd be in my name!

OP posts:
iheartdusty · 01/04/2008 21:04

why isn't DH paying?

if he is earning and you aren't, he should be keeping a roof over yours and DC's heads, even if it is only as a stop gap.

have you seen a solicitor?

maybe this website could help:
resolution
good luck

twotimestrouble · 01/04/2008 21:16

Stacey,see what those organisations say. They often have legal and financial experts on hand.

Dusty is also right. Is the mortgage just in your name? Has DH walked away and left you with all the financial issues? He surely can't do that unless he is also going to leave you with all the profit if you sell.

Out of interest have you also spoken to your lender and your bank and explained the situation?

Original poster
Staceym21AtLast · 02/04/2008 22:21

he pays maintenance, no, mortgage in both names but whatever he gave towards would be taken off my benefits anyway so would make no difference.

shall go to the CAB

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