Hi, bought a house in 2007 with ex boyfriend. The relationship split. He went to Austrailia and never said & stopped paying his half of the mortgage.
Because he stopped paying his half of the mortgage the mortgage fell into arrears as i could not make the full repayment on my wage. It is a tracker mortgage.
I then applied for interest only which was sanctioned, on my own application last year. The bank are fully aware of my circumstances however the continue to send letters out in both our names which is so frustrating. He has no contact details only an email address. Has not cooperated with the bank and has not engaged with my solicitor who has sent letter after letter. It is believed this man is not returning to Ireland.
My interest only application has now expired and i am back to square one. The house is in negative equity of approx €100,000.
I cant sustain the total mortgage repayment. I am a civil servant and have a good job and i am well able to pay my half however i am unable to keep up the total repayments & pay his half) hence my credit rating is being affected.
Nobody can tell me what my options are. Is my ex liable for his half. Am i liable for the total amount of the mortgage. Can i get his name off the mortgage it is just so unfair that one can walk away from their mortgage.
I have cooperated with the bank fully and given them everything but i am still the fall guy for it all. I am caught in a corner and cant get out & I desperatly need advice I need to get out of this situation. Where can i go from here?
thanks in advance!
Because he stopped paying his half of the mortgage the mortgage fell into arrears as i could not make the full repayment on my wage. It is a tracker mortgage.
I then applied for interest only which was sanctioned, on my own application last year. The bank are fully aware of my circumstances however the continue to send letters out in both our names which is so frustrating. He has no contact details only an email address. Has not cooperated with the bank and has not engaged with my solicitor who has sent letter after letter. It is believed this man is not returning to Ireland.
My interest only application has now expired and i am back to square one. The house is in negative equity of approx €100,000.
I cant sustain the total mortgage repayment. I am a civil servant and have a good job and i am well able to pay my half however i am unable to keep up the total repayments & pay his half) hence my credit rating is being affected.
Nobody can tell me what my options are. Is my ex liable for his half. Am i liable for the total amount of the mortgage. Can i get his name off the mortgage it is just so unfair that one can walk away from their mortgage.
I have cooperated with the bank fully and given them everything but i am still the fall guy for it all. I am caught in a corner and cant get out & I desperatly need advice I need to get out of this situation. Where can i go from here?
thanks in advance!