Hi
I was wondering if anyone can help me with a query.
I bought a house about a year and half/two years ago with my girlfriend.
We have since broke up and i want to take over the property entirely on my own.
She has been paying a loan that is in both of our names since november 07 and i have paid the entire mortgage since we first moved in together since february 07.
Since we broke up we both kept paying the same way even though the mortgage was a much larger monthly repayment i didn't make a fuss and i was still living in the house.
Now i have found out that she has missed last months loan repayment and may miss this months as well. if this happens we will both have a mark on our credit record.
My salary is 30000 pa gross.
The mortgage is currently 218000 and is fixed interest only for another year. After tax relief i pay 725 net a month. The loan is for 18000 and is 432 a month.
I am pleading with anyone out there to give me some advice as to how i can get the house and/or get out of this position without having the rest of my life ruined with a bad credit record as a result of my ex not paying her smaller share of our debts.
Any advice appreciated
Regards
Gary
I was wondering if anyone can help me with a query.
I bought a house about a year and half/two years ago with my girlfriend.
We have since broke up and i want to take over the property entirely on my own.
She has been paying a loan that is in both of our names since november 07 and i have paid the entire mortgage since we first moved in together since february 07.
Since we broke up we both kept paying the same way even though the mortgage was a much larger monthly repayment i didn't make a fuss and i was still living in the house.
Now i have found out that she has missed last months loan repayment and may miss this months as well. if this happens we will both have a mark on our credit record.
My salary is 30000 pa gross.
The mortgage is currently 218000 and is fixed interest only for another year. After tax relief i pay 725 net a month. The loan is for 18000 and is 432 a month.
I am pleading with anyone out there to give me some advice as to how i can get the house and/or get out of this position without having the rest of my life ruined with a bad credit record as a result of my ex not paying her smaller share of our debts.
Any advice appreciated
Regards
Gary