What am i entitled to? DP cheated.

[Solitaryasanoyster]

Not married, 4 kids (young), some shared equity in the house.
If I leave, and I work 16 hours, do I get universal credit even if I have equity upon selling? Would this prevent me getting a council property?

thank you

Contact your mortgage provider. They may allow you to reduce payments/switch to interest only for some years whilst the kids are young and in expensive childcare etc. honestly they will have dealt with this before and it’s worth a conversation before assuming you have to leave the house.

then, look into shared ownership options etc. if you do have to move.

Have you got a decent pension despite working part time? If so, I’d work as much as possible

But if the equity in the house is yours and not his then you don't have to give him anything/buy him out.

As you arnt married the simple answer is very little
some child maintenance and you can figure out the UC via the govt website

and there is no guarantee he will pay it

if he’s a wrong un (clearly is ) best bet is to grey rock him and throw energy into you , kids and working so that you can build a base and foundations

and sack him off a few years later x

You will be entitled to child support from your ex. Uc offers some support for childcare too, unless there's huge amounts of equity (over £16k) you will qualify so return to work. If you have over £16k in equity look at shared ownership, you can invest the money into the property and then pay rent on the rest, it's been a pretty good option for people I know in your situation because it means they can carry on getting uc (the childcare element is particularly useful for single parents)

Sorry OP, you're probably really stressed but your posts are confusing.

This is a good avenue to explore.

I’m guessing you’re currently in a part buy/ part rent agreement? So you need to consider if the rent will be affordable on your income alone, assuming your mortgage can be reduced. That depends on the percentage of the house you have bought

Look into the childcare allowance you’d be entitled to if returning to work FT as a single parent.

I’m confused about the “buying him out” too.
Have you put dp on the deeds? Find out if the equity is yours and legally protected.

I think what OP is saying is that she has a ring fenced deposit + some equity because the house has increased in value. Her ex partner, because he part owns the house, also has equity.

OP, I would go to a mortgage advisor who is attached to your bank and get advice. I was on a very low income when I separated from my ex, and got some excellent advice from a pro.

It is a token amount to leave open the possibility of going back to get an amended amount later if circumstances change. If you didn't have this it closes off that possibility.

Yes, I think this too. They may be tenants in common with the op owning more than 50% owing to her deposit, or DP may have been paying a higher proportion of the mortgage as he works full time etc and therefore gaining equity over time.

Hi, sorry you are going through this. Is it possible to stay in the home for a little while longer so maybe you can save a up a little money? I know it is hard to face the person who has betrayed you but in the long run it might be helpful to bite the bullet a little bit and save some money and then leave?

You will qualify for help towards childcare and maintenance. It could be possible for you to stay in the home, hopefully ex will do the decent thing and hold off on coming off the mortgage or wanting his equity so that his children can stay in their home.

You need to have lots of conversations and do some sums so you know exactly what you are working towards.

The equity in the home is mine and not his. (Legally protected).

Mortgage is too high to pay by myself on a part time wage and would only increase further if I used my equity to buy him out.

if the equity is legally yours and protected, why would you be buying him out?

Figure out the best solution for your children and do that. No matter how difficult it may be.

That makes sense.

Op if you could be clearer about your financial situation, you’d be given more pertinent advice !

Although it’s all daunting, try breaking down what you need to do in small steps.

First step being to seek advice from the CAB and make an appointment with your mortgage provider to discuss your options Be informed as possible before making any decisions.

Horrible situation to be in op, with 4 kids hope you can find some way of staying in your home, you’d hope exp would help with that so his kids aren’t uprooted etc and it’s not easy to find rentals with 4!! I struggled and ended up in temporary accommodation for 5 years very unsettling so you want to avoid that where you can!!
wishing you the best, it’s a tough situation for you whilst also parenting 4 small children and Working too be kind to yourself and I hope things work out for you

Unfortunately you can't afford a home on your own. Lots of people can't. Millions of people 'waste' money on rent. You will be entitled to something though, a share of the equity in the house. What else do you think you should get? Surely you don't expect the government to subsidise you so you can buy your own home whilst working part time.
With your equity and presumably some child support if the children reside with you, could you manage a small mortgage if you got a full time job?
Inevitably they'll be a drop in income and standard of living if you separate.
As for council or Housing Association housing, it really depends what area you're in. I'm East Midlands , which is pretty 'average'. We have lots of families in temp accomodation so B&Bs, hostels etc, not necessarily close to their children's school or their work. They're often there for 6months plus. Depending on the ages/genders of your children you could be deemed in need of a 2 bed flat so mum n baby in one room, under 10s in other bedroom. 2 bed flats are more readily available than 3 bed houses.
If you're in the south or a big city the reality is you'll never be adequately housed.
Try approaching some HA directly.

Examples like the OP demonstrate why parroting that marriage is a legal protection for women is not always helpful.

The OP will be entitled to child support, owns the equity and would almost certainly would not get spousal maintenance. Where is the protection?

It's a bit harsh yes, but it true.

OP, how decently will he behave?

Would he continue to pay the mortgage and stay a co-owner until the youngest is in full time school to give you a chance to then increase earnings and buy him out? Or make other arrangements?

For the majority of people, decency has got nothing to do with it. DH still needs to pay for somewhere to live for himself. Most people can’t afford to run two households on one salary.

Don't forget that DCs dad will have to pay child maintenance to you and this is disregarded as income by UC.
Someone above already said that you can get UC whilst looking for a property to buy- check this with UC beforehand and crack on with your life. You will be fine without a cheater in your life for sure!

I would of thought that half the mortgage would be less, if anything, than the amount of maintenance exP would have to pay for 4 DC, unless you have a ridiculous sized mortgage. So why sell at all? If there is no equity for him to gain, there is no need.

Highly recommend shared ownership. Best thing I have EVER done!