morgages

[criminal666]

can anyone advice me, i have a flat its joint ownership of myself and my mother, but i live there,

i pay the morgage and council tax, and she does the paperwork, recently shes been going a bit insane and suffering from split personality, at times she wants to kill me (for no reason)

im a little worried and annoyed now and just want out how can i get out of this dilema without telling her?.. will i be in any trouble for just leaving the flat? bearing in mind i cant sell because she will find out and probably do something 2 me (she is dangerous)

i know the situation sounds mad, but my mother is money crazy woman who wants to control everything and i need out the easiet option and no im not planning on poisoning her or any silly suggest.

[CheekyChops]

I can't really give any advice re your mad mother (other than to see a doctor) but simply leaving the flat is not a good idea.

As you own 8t jointly, I assume that your name is on the mortgage. If you leave and stop paying the mortgage, the house will eventually be repossessed (I'm assuming your mother won't pay it) and if it sells for less than you owe on the mortgage, they will chase you for the shortfall.

[criminal666]

hmm yes thanx for some feedback, i dont want 2 be chased for the shortfall as u mentioned but it could happen,

if the property gets repossessed then thats not a problem

but if i stop paying wont the morgage company contact me...?

[CheekyChops]

Of course they will. You can't just stop paying a mortgage, no matter what the circumstances.

[redcrx]

if its repossessed then thats one huge problem.

They will sell if for any money, they will chage legal fees and admin fees and even if you have one of these mortgage indemnity policies you can and will be chased for the shortfall.

[criminal666]

oh ok s*it! and thanx for the replies