Why do I continue to pay the service charge for the flat I no longer live in?
Because I own the flat with Steve and if I didn't pay it, neither would he and I'd have a black mark against my credit rating. If Steve couldn't pay the bills on his own, he'd disappear and none of the bills would be paid.
There are 26 flats there and eight of them are for sale and one of them was for sale when we bought ours about three or four years ago.
I'm hoping that the flats will be upgraded eventually and will be more saleable. Currently Reading is awash with retirement flats. All I can do is wait and see what happens.
7 comments:
That makes sense,I hope you can get it sold soon so that Steve can get somewhere more manageable for him and you can untangle your finances and be totally free x
I guess there is no way to get your name off the mortgage on the property and have it 100% in Steve's name? If he still takes off somewhere, I hope it doesn't get foreclosed on? I know how that happens here alot in these types of situations with both names on mortgages, etc. Just want you to be protected! Dawn P. Albany, GA USA
You know what you are doing.
I hope you have seen a solicitor and talked through your options. We once were buying a house, from a single man, from what we were, only for our solicitor to find out that the property was in fact owned by an absentee wife as well. The man was trying to pull a fast one. We didn't buy, but this has a ring of 'Steve and his antics' about it. I know you can put what is called a charge on the property, with the Land Registry, but l do urge you to make sure your legal advise is up to date, with regard to your change in circumstances. It's not as if you have just gone and bought another property as well, is it! All good wishes, Sandra
Is there are reason why you are not divorcing and dividing your property properly? Never mind, not my business. I'm sure there is a reason, and you're doing what you need to do.
Sue, you sound very well organised. I’m very happy to read your posts and to hear that all your difficult recent decisions have worked out ok for you.
So pleased for you that you now have freedom, enjoy. June
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