Hi All,
Some background…. Got married 6 years ago, after only 2 years of marriage, the wife had affair and left the family home, thankfully… there were no kids.
Upon marriage we purchased a property in joint names for the “family home”. This property is now worth €110k, and the remaining mortgage is €115k (in joint names). There is another house, that’s solely in my name, which I have rented out. I purchased this property before the marriage. ..and topped up on it’s mortgage by €80k in order to buy the “family home” when married. The remaining mortgage on this property is now €120k and the property value is approx €100k.
I have remained living in the “family home” for the 4 years and have managed to maintain payment of all the mortages for the past 4 years without any contribution from her.
For the past 2 years I have being trying to get her to commit to some kind of a separation agreement. I have offered to buy her out of the “family home” for €65k, but she refused this offer. In the past year it has become apparent that I can no longer afford to keep the “family home” so I need to either give the house to her or sell the property.
I asked the bank to transfer the remaining mortgage into her name. They said that they would meet with her to discuss this, but she has refused to arrange a meeting with them. She is refusing to sign anything to sell the “family home” as she wants to keep this property and rent it out for her own means.
Over the 4 years I have spent a lot of money on (€35k approx.) mortgages and solictors letters.
I have given up on this being resolved amicably by separation agreement and I feel that I now have no other option but to defualt on the mortgage and apply for divorce.
Does anyone have any experience of a situation like this or advice on how I should approach this… or even another suggestion on how I can get rid of all this, as I am at my wits end ?