The house is worth about £200,000 and i think about 7 years left on the mortgage, as of 31st December 2014 we have £26430.00.
i earn about £500 per week gross and Angela earns £177 per week part time, but can now get a full time job.
We have a small 4 bedroom house so for a 3 bedroom house with slightly bigger bedrooms would be around the same price as the 4 bed.
i would expect no less than £180000.00.
Can you please explain this please:-
However the fact that it is a repayment mortgage does mean that if you do not continue to pay half of the mortgage your ex will be able to claim credit for the balance that has been paid off the mortgage.
I had been thinking that if i could pay 50% of the mortgage that would be ideal, and fair for both sides and keep my interest in the property.
My Ex has seen a solicitor and she says the solicitor say the following:-
He thinks i should pay 75% of the mortgage as i have a declaration which says i have 75%, which i have included for your information.
He also thinks i should pay 75% of any maintenance, ie. if the boiler went wrong i would have to pay 75% of the bill to fix it and he appears to suggest that i should pay more child support than the CSA calculator on the government web site says i should.
I have always been wanted to pay the amount of child support that the Gov website calculator indicates i should and i am willing to pay 50% of the mortgage and i am willing to pay 50% of any maintenance, can you please advise on on the above and let me know how i should proceed, thanks in advance, Paul
This is a try on.
You do not have to pay a penny more than the CSA requirement, nor do you have to pay 75% of the mortgage since you will not be living there.
Your offer to pay half is generous.
The only point which is reasonable is that the cost of any essential repairs to the property (not redecoration) should be split 75/25 between you