Hi there,
I am hopefully going through a divorce soon but need a little bit of advice if someone could help, basically we have two houses, one the private home with a big mortgage and the other is rented out with a small mortgage so balance of rent goes to pay mortgage on private house, anyway I am working full time but am facing redundancy in the next few months and my husband is working but doesn't really ask people for money (he's a therapist) so contributes practically nothing to the household, hasn't paid anything to mortgage in over a year! Any advice I have been given is that the second house will be given to my husband in a divorce, does anyone have any experience of this, how will the mortgage be paid on the private house then if I don't have the rent from the second house to cover it?
I am hopefully going through a divorce soon but need a little bit of advice if someone could help, basically we have two houses, one the private home with a big mortgage and the other is rented out with a small mortgage so balance of rent goes to pay mortgage on private house, anyway I am working full time but am facing redundancy in the next few months and my husband is working but doesn't really ask people for money (he's a therapist) so contributes practically nothing to the household, hasn't paid anything to mortgage in over a year! Any advice I have been given is that the second house will be given to my husband in a divorce, does anyone have any experience of this, how will the mortgage be paid on the private house then if I don't have the rent from the second house to cover it?