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postergirl
Guest
Hi folks, yet another splitting up scenario - would be v grateful for advice.
Bought house with my other half 3 years ago for 385K. He paid in 40K from sale of his apartment. Since day 1 we have split mortgage repayments 50/50. House is now worth about 250K with a mortgage of 339K outstanding so selling is not a realistic option. I have moved out and have no idea where I stand.
We both took loans out to furnish our house - him 20K and me 10K as well as 5K to pay off credit card after I maxed out decorating. We have each been paying them back ourselves. While he payed utilities, I paid for groceries and other incidentals.
When we got our mortgage he had a very good private sector salary which has since been cut and I'm in the public sector and while safe in employment, am down the best part of 20% so can't afford the €1400 repayments alone.
Can anyone advise on what they think I may be liable for? Am so confused.
Bought house with my other half 3 years ago for 385K. He paid in 40K from sale of his apartment. Since day 1 we have split mortgage repayments 50/50. House is now worth about 250K with a mortgage of 339K outstanding so selling is not a realistic option. I have moved out and have no idea where I stand.
We both took loans out to furnish our house - him 20K and me 10K as well as 5K to pay off credit card after I maxed out decorating. We have each been paying them back ourselves. While he payed utilities, I paid for groceries and other incidentals.
When we got our mortgage he had a very good private sector salary which has since been cut and I'm in the public sector and while safe in employment, am down the best part of 20% so can't afford the €1400 repayments alone.
Can anyone advise on what they think I may be liable for? Am so confused.