Financial help for part time mum seperating from partner with joint mortgage

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  • #55163 Report


    I am 31 and have a joint mortgage at the moment and have a 3 year old daughter together. I currently work 22.5 hours a week which is the days I get free nursery hours. My partner wants to remortgage and pay me off as I definitely cannot afford the payments on the house myself. He has been paying all the mortgage and bills since I’ve had our daughter. What kind of benefits would I be entitled too if my partner paid me off/sold the house.  I am worried it will be seen as a high amount of savings when in fact I’d want to use it towards a new mortgage for somewhere little for my daughter and I. I just then wouldn’t be able to afford all the monthly payments without any kind of benefits on my small wage. Or am I best of renting? Any advise would really be appreciated as I have no idea what to do next. Thankyou

    #55171 Report


    You could apply for universal credit. They disregard up to £6,000 in savings. You can have up to £16,000 in savings and still get something. If you use the money to pay off some of the mortgage and therefore have not much in savings you will get universal credit if your wage is small. There are numerous online calculators you can use to work out what you would be entitled to (Google it); you can fill them in multiple times changing the amount of savings etc. to see what’s best. Good luck!

    #55188 Report

    Hi Emma, I’m Carmen one of the moderators here.   In the first instance it might help to get some guidance via the Single Parents Helpline.  Here are the contact details:

    Gingerbread Single Parent Helpline – Freephone 0808 802 0925

    Opening hours:  Mon 10 – 6, Tues 10- 4, Wed 10 – 1 & 5 – 7, Thurs 10 – 4, Fri 10 – 4  They can be busy so callers can expect to wait up to 20 minutes before the call is answered

    Some of the information here within the Gingerbread site may also be useful.  I’ll paste a link below to topics that may be relevant:

    Benefits, tax credits and universal credit – Gingerbread


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