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Spousal Rights When The C C J Takes Away The Home

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Ignorance is not an excuse

(Filed: 11/03/2006)

Some wives have lost the roof over their head after signing a mortgage at their husband's suggestion and telling the courts that they asked no questions. Many wives used to promise to 'love, honour and obey' - but Culture Secretary Tessa Jowell should have taken independent advice, says Alison Bailey
A warning may be in order for wives about to sign a mortgage on their home in order to help out their husbands' business.
Britain may not be in recession -
but there are still signs of difficult conditions for some industries
. So what happens when the family business needs to borrow more money and the bank asks for a mortgage on the family home? This is not about joint borrowing by husband and wife - such as a mortgage to buy the family home in the first place - but a mortgage over the home to secure the borrowings of the husband or his business


When the recession gets deeper the strains on family life are just going to get worse. The MEW culture will put intolerable strains on many families who own a business that are vulnerable. Overall, the "miracle economy" has created a new and vicious social evil: the mortgaging of the family.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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