The end of a relationship does not have to be the end of your financial future, in fact for many, it’s the new dawn of independence. If you have a family home or investment property which are currently mortgaged, we can offer simple, understanding help to take the necessary steps to take control. Some general tips include:
Keep up repayments
If you have separated and currently have a mortgage on your family home, it is important that repayments to your existing lender are maintained, no matter who is living in the property. Short term financial arrangements should be put in place as soon as possible to ensure all payments are kept up to date to prevent unnecessary problems further down the track.
Act early
If you’re unable to make repayments or come to an arrangement with your ex-partner, you should make contact with your lender as soon as possible. Hardship provisions can usually be initiated to help you through this difficult time.
Get help
We have Separation and Divorce property settlement speciailists who are sensitive to your situation and who help remove the complexity of working out what is possible and which way to turn when it comes to refinancing the family home, of funding a new start. You don’t have to go it alone.
