Any help to figure out the outcome

Hi, just wondering if anyone has been in the same or simular position and what'll happen now.

My ex and I have just split in a calm and caring manor (no other parties), I'm worried about the money side as I don't want our 3 kids to suffer. Right here's the basics

Your respective ages;
Me 30 Partner 29

The number of children you have and their ages;
3 boys: 10, 7 & 18months

How many nights the children spend with each parent;
will stay with her unless otherwise needed

The length of your marriage and any period of pre marriage cohabitation;
11 years co-habiting (never married)

Your respective incomes;
Me £26K gross Her £5K

Your respective outgoings;
£900 p/m mortgage
£450 p/m credit cards
I'm still paying all bills including her cards

Your assets - both soley held and joint;
None and very little in equity (£35K)

Your liabilities.
Mortgage £170K on £205K house Both named on mortgage
Cards £20K (ouch!) 50/50

I'm staying at my dads at the moment but can't stay too long as I work at the family business and it is very hard, also need my own place so my kids can stay when they need to.

I need to know where to go now, what happens to the bills and how will my ex afford to carry on in the family home without my wage.
Rent in my area for a 2 bed place is around £600 p/m

Any help or guidence would be greatly appreciated.

Oh my ex works UNDER 16 hours p/w, I noticed this is often asked

McVitie,

You were not married so the way things are split is different.

There really is only a max of abt 15k between you though - and to get that you wd have to sell up.

You will need to pay 25% of net income in child maintenance. If your ex partner works she can claim tax credits. If she rented and was on a low income she may be able to claim other benefits.

I would suggest a trip to the CAB to see what benefits she can get .... Then when you know her prospective income, you can start to work out what to do for the best.

Hadenoughnow

I think after chatting today she may wish to stay in the family home but I'm not she'll be able to if I don't pay all or at least most of the mortgage

contact jobcentre plus as they pair mortgage interest after 13 not the capital so she may need help paying that. My stbx is paying half the capital repayment every month and i am going to pay the other so that the houseis still paid off. he has signed over his half of the house to the children so that they will get it not him. There is no equity in it at present - i am not claming any of his pension so it sort of evens out. hope this helps.

hiya,

Could you clarify your situation please, startingagain ? It seems from what you say that the dss are paying mortgage interest help for you to pay off the interest part of your mortgage, but you and your stbx are sharing the capital repayment ? Is that right ?
If so, how does that sit with the dss ? Do they not see his share of the capital repayment as maintenance for you, and take it off your benefits ?
Sorry to be nosey !