On the contrary
both places are worth more than any debt associated with them.

The problem is that on the house my ex-wife lives in I'm named on the mortgage, which prevents me getting a mortgage anywhere else as technically I'm liable for the mortgage on the house, even though she pays it herself.

On the flat it's jointly owned, so in order to complete the divorce it's needs to be sold to eradicate the joint ownership. The costs of the flat are covered by a tennant, so no problems there. It's just that in order to move on in my life I need to sell the flat, so I can finish my divorce and formally be declared independent financially.

So the situation is I/we CAN afford the properties, I just can't do anything to change my circumstances.
(golddust QOTW now revolves around being a cunt, Thu 22 Jan 2009, 16:32, 1 reply)

Can't you get your name taken off the house mortgage and your ex-wife's name taken off the flat mortgage/loan and haggle up the difference in value between yourself?

That way, no sale needed; she keeps the house, you keep the flat, and one of you owes the other whatever the equity difference stands at?
(Musuko, Thu 22 Jan 2009, 17:47, closed)

No
She doesn't earn enough for the bank to let her have a sole mortgage, yet she pays it each month.
(golddust QOTW now revolves around being a cunt, Fri 23 Jan 2009, 9:04, closed)