I have a fair amount of water coming out of my exhaust.

When it is switched on from cold (and not moving) water gathers in the end of the pipe.

But after the engine (and exhaust) have heated up and the car is in motion, (apparently) water is still coming out.

My friend spotted it, and now I am paranoid.

Is this normal?

Is there a problem - do I need to fix something?
Do I need to remortgage my house to pay for the repair bill?

 

Sounds like the water produced from the cats (presuming you still have them)

 

nothing to worry about, condensation initially, but then your cat will eventully produce water

 

I still have 1 cat in the downpipe (although I think that it is breaking up - the MOT in April will tell me that )

This is putting my mind at rest... I started worrying about everything... I thought that I would be going hungry for the next three months whilst I pay to have the engine rebuilt!