Back in 2010 me and my now ex purchased a house (£135,000, the mortgage was only for £121,000)
I ended up leaving in early 2012 due to psycological abuse from my ex.
My ex chose to keep the house and continue by himself with the mortgage repayments.
We agreed that at the end of the first 3 year fixed rate term we would get my name taken off as the 2nd signitory and he could keep the house.
Early 2013 and after a last ditch attempt at emotionally blackmailing me to return by saying he couldn't afford the payments
(he declined my suggestion to just sell the house or take in lodgers etc to help him).
After I refused he then told me he had in fact stopped paying.
I tried to contact Halifax a couple of times whom refused to deal with me as I didn't have any details of the account (ex wouldn't give me them) and also threw in my face I was only the 2nd signatory.
Eventually in Aug 2013 I convinced someone in arrears to talk to me whom confirmed there was 6 months arrrears and my ex had discussed a voluntary repossession with the halifax.
Due to this, our account was standing at £126,000.
I was told if i agreed to the reppossession that the monthly repayments would still be added on until the property was sold.
I was also informed that my ex had notified the bank I had left back jn 2012 but stated he had no known address for me (he did) I passed over a forwarding address and I was assured anything else to do with the arrears and if the voluntary repossession went ahead then they would contact me as well.
I agreed to the voluntary repossession with my ex and signed the form he produced me with which again included my forwarding address
- to this day I have never heard from Halifax regarding anything to do with the arrears/house etc
- is this normal?
A few months later I saw online myself that the estate agents in charge wanted offers of over £90,000
in March 2014 it was sold but i don't know how much for as sold prices for auctioned property aren't made public knowledge.
I have been led to believe that it sold for no more than £105,000
- this would mean a shortfall of £21,000 going on the figure given to me back in Aug 2013.
There would also be another 6 months arrears added onto that figure from Aug 2013-March 2014 when the property sold so a shortfall would be at least £24,000.
This does not take into account the interest I was told that would be added on as well as all the legal costs of it.
The only contact that has ever been made with me over any of this, back from the original arrears starting in 2013 is now when
last week I received a letter from a lawfirm saying they wanted to recover the shortfall debt of £20,000 from me.
I have no idea what to do about it
- I am no longer in contact with my ex so have no idea what his intentions are.
My mum strongly suspects he may have accepted responsibility and even paid some shortfall off and stopped hence why they are now contacting me
- they have by-passed my original forwarding address (my mums) and gone straight through the electoral roll to contact me at my current address.
we are convinced the shortfall was originally more than £20,000
- my mums advised me to ignore the letters from the law firm and to not even ask for a breakdown of anything incase they take it as a acknowledgement of the debt
- citizens advice would not confirm with me if making an enquiry would be seen as acknowledgement or not.
They also said since i have no assets or savings and live with my new partner who has a mortgage in his own name (i don't pay into the house as such other than food/housekeeping) that he can be affected and his house/income will be taken into account when trying to recover the shortfall
- surely this can't be true?
Were not married and don't even share an account.
Any advice would be much appreciated.