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Hi Clare - There is no mortgage on the house as we bought this 4 years ago as part of our plan to retire early. This was a cash purchase - We did put it up for Sale last Dec 2012, as my husband decided we would move back to the area where we previously lived. Unaware to myself that he had been having the affair since early 2012. In January 2013 my Mum took sick and was admitted into Hospital, I went up to stay with her, unfortunately in February she was diagnosed with Terminal Lung Cancer, once the hospital could not give her any treatment I stayed with her until she sadly passed away 28th March 13. When coming back to the family home I found my husband very different, always hiding his mobile, putting it under his pillow at night!! Anyhow, he moved out in July. I found he has taken lots of money out of the Bank in cash withdrawls, searched for hotels and places to visit whilst i was away and used excessive Petrol in the Car!! I took the house off the market in Aug. and this is when he changed from wanting to be my Best Friend he now just wants me to sell and he wants me to give him half the value of our car. Sorry to make this a lengthy reply, but I'm not sure where I stand. And I am running out of money now. My husband will be 60 tomorrow and I am 58yrs. Thank You Anne
Clare - too sure if you got my last reply? The house is worth £125,000 but as my husband wants half the value, there will not be enough equity left for me to buy even a 1 bedroom property. I have uncovered that my husband has managed to allow £129,000 to be spent through lavish lifestyle, he had 2 golf memberships, the best of golf equipment etc etc he managed the finances and I only got into our Bank Account once he left. The £129,000 was made up of the following £12.000 and endowment matured £15,500 a work related injury of mine which forced me early retirement, £21,000 of my lump sum and a smaller monthly Pension £271monthly £13,600 selling my work related shares. The rest was another endowment of £13,600 and our Annual Income of my Husbands Pension of £1000 per month. Anne