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Hi, thanks for your help, I appreciate it. The house is worth approx £150,000 and the outstanding mortgage is £87,000. I should also mention that we live in Northern Ireland.
I have left my husband but we are trying to be amicable for the children. I am trying to be wise and sort the house issue before initiating divorce proceedings. We have had severe marital problems for years and have reached the stage where it is affecting the kids severely, especially the older one. My husband refuses to leave the house as he has always paid the mortgage and it is convenient for him for work etc. The house was my family home before we bought it (cheaper than market value) of my parents when we married in 2002.
Initially yes, but because we couldn't come to any agreement, I have signed a 12 month tenancy agreement for a house approx 30 miles from our current home.
Do u mean give £30000 to my children?
Oh ok. Thanks for all your help and advice. I will need to think it through again.