Thank you for responding.
My husband earns approximately £23,000 and I have just started a new post and will be earning £30,700.
My property is worth about £100,00 with about £35,000 left to pay on the mortgage. My husbands property is worth between £140,000 and £150,000 with about £70,000 left on the mortgage.
I have a works pension, I work in the NHS and my husband does not have one I think. He will inherit £350,000 from his parents.
I did'nt want to go down the route of splitting everything in half, I was just wondering how long I could stay here?
The idea we both had was that, when I leave the bungalow, he keep his property and I keep mine. I don't want anything financial from him.
Thank you Clare.
Initially yes, with a long-term tenancy for review every 5 years. I think the last agreement in place was about 2 years ago when I applied for a remortgage for my property. I remortgaged for £36,000-£37,000, I can't remember specifically but in that region.
My mother is supposed to pay rent but she provides childcare for me to work. So the way we all looked at it was one cancels out the other if you know what I mean. So I pay the mortgage on my property, as well as the gas bill, and house insurance.
Yes it was a buy to let mortgage. I think it was 3 months?
I suppose he can force me out of the home if I give my mother 3 months notice then? She would have nowhere to live though.
A solicitor I saw during our last separation said my husband would find it very difficult to find a judge who would be willing to evict myself and my son as it is the family home?