If any one can give advice on this very difficult situation i would be very greatfull. I'll try to keep it short.

I have a mortgage of £109,000 that i got with my Husband (now EX) 8 yrs ago. He left me 2 yrs ago 3 mths after i gave birth to our daughter. I have been on Tax credits, Working Tax credits (as i work part time) and Child care element of working tax credit which help towards my daughters nursey fees.

I earn £7440 a year. The tax credits and my ex's maitenance makes it up to a total of £16000 a year i earn. Not to say the least i have been struggling since he left. I did not want to give up by little 2 bed house to get a council house and everything paid for for me.

Now here's the complictated bit.

I met a new fella a year ago, now he has a mortgage of £140,000 with his EX girlfriend, attached to that mortgage is a Unsecured Student Loan of £50,000 which is a second mortgage linked to the first. He is doing a PHD and going on to become a psychiatrist. They brought their house right before the housing crash so he is also in negative equity by £30,000. So he can't sell his house. He is working his full time job 36 hrs and part time weekend job 24 hrs so is working 7 days a week to pay for everything plus doing his studies.

He has tried to get his ex to pay for half the monthly mortgage payment for the last 2 yrs but she wont pay a penny.

We now want to live together, and have a baby of our own as we are both mid thirties and not getting any younger.

He is renting out his house but not getting nowhere near his mortgage payments. If he moves in with me i lose my tax credits and he cant afford to pay me as much as i was getting in tax credits. So then i will struggle paying my mortgage.

I haven't enough equity in my house to pay his debts off and we really want to be together now.

We have both tried getting a mortgage together and remortgage my house but with no success.

Is there anything else we can claim for to help us out if we live together?

Advice please.

Hi, Let me put this in perspective here.

1. You earn 16k and i take it you are paying your mortgage on time right?
2. When you say "attached to that mortgage is a unsecured student loan of 50k" do you mean the house was used as security to acquire the loan? If so then that will make it a secured loan. If not then lets seperate the 50k student loan from the lot.

3. If it is linked to the first then i am afraid a debt management which i will have suggested will or may not work as the creditors will or may put a charge on the property.

4. Your tax credits will not be lost but re-assessed. If your financial statements put together are assessed, the council may even pay you more if it can be proven that your bf's earnings are exhausted in expenses and as such you are supporting the family, you may get more. The worst case is you will remain at the same figure.

5. Also if his ex's name is on the house documents, then she is liable for the mortgage as well legally. so he should get a lawyer to write to her demanding a part of the monthly mortgage payments including arrears. The creditors are happy as long as they are getting one person to be liable for the mortgage. They don't care as long as they get their money every month. If he is renting the house, then his ex should split the short fall including expenses on the house until it appreciates in value and can be sold.

Re-mortgaging is not an option now as you may have negative equity.

Suggestions

1. I will suggest that if you want to move in together as a couple, then that shouldn't stop you as you will eventually anyway. So better you bite the bullet now and deal with the consequences which may work in your favour. I will suggest that you investigate the matter by discussing with the council first and finding out your options.

2. Definitely legal action should be taken against your bf's ex to claim arrears on the mortgage payments and forth.

3. 50k Loan...if the loan is really unsecured and he has a minimum of three creditors he may want to include, i will suggest that he takes on a debt management plan to pay of the loans. I can help with that if you need to discuss confidentially.

Let me know if there is anything else i can help you with. If your bf needs advise on the debt management he may contact me via PM and leave an email address. Thank you

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