www.iva.co.uk

Hi
I have 2 months left of an iva after 6 years
I own my house with my ex, we split up just after starting the iva
We have both been paying the mortgage even tho I moved out
I need to sell my half of the house now and he away from my ex
(Lots of things went on)
I am so worried as my ex says he can't afford the house on his own and won't consider looking for a new mortgage or try with his new person
I am wondering what I can do to get myself off the mortgage and clear of it
Can we sell to someone that he can rent off or how soon can he get a mortgage on his own?
How soon can we sell too (which he won't entertain)
I'm in aright mess

Hi and welcome,

If he cannot afford the house on his own then I doubt the mortgage company will take you off the mortgage. If he won't sell then there is nothing you can do about that.

I would suggest speaking to a solicitor (most will give free advice for a short session) or visit CAB to see wht they say.

He can't have it all and needs to make a decision.

I strongly suggest you get a lawyer instructed to sort things out.

Worst case scenario perhaps you stop making the payments/voluntarily hand the keys back and get the bank to repossess and sell it...

Won't that impact further on the OP's credit rating though?

Yes but it could well happen anyway if an agreement can't be met with the ex.

It is a last resort if OP can't resolve with a lawyer.

As Lisa says, best to see a lawyer on this.

If you were married this would be sorted during the Finance Order between the Nisi and absolute.

If not married, you can seek a court order forcing the sale of the property.

I can recommend a specialist insolvency lawyer if OP drops me a DM.