Hi, the house has been valued today and is worth 350k.
I have debt of 30k and I am in a debt solution plan with Step Change. I have be paying into this for two years and have five years left. I currently pay £531 to this every month.
My income is £1300 a month from my full time job, this is my monthly wage.
No other debt to my knowledge.
I have day to day care of my child, my mum looks after him after pre-school finishes every day.
Assets wise my husband has a few Businesses but I have no desire to claim any money from them.
All I need to know is if I am entitled to half of the equity in the house?
I haven't paid any money to the mortgage or given my husband any funds towards the bills as he has always covered these.
I think the mortgage is £305k that he still owes on the house, or thereabouts. This is what he tells me and I have no reason not to believe him.