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**Help** mortgage payments
jason_davey
Posts: 10 Forumite
my ex partner and i have a house together.
i own 93% and she owns the remaining 7%
she left me four months ago and still continues to pay her half of the mortgage at the moment but i live in fear that she will stop as she keeps threatening it.
the house has been on the market for a few months as she wanted his 7% share now she has left.
i have offered to buy her out at its current value. but she refuses to accept.
can any one advise where i stand if she stops paying?
is she still entitled to his share if she stops paying.
if i sell the house in the future and it increases in value does her 7% move with this?
she is also threatening to move back in should i take the house off of the market.
thanks in advance.
i own 93% and she owns the remaining 7%
she left me four months ago and still continues to pay her half of the mortgage at the moment but i live in fear that she will stop as she keeps threatening it.
the house has been on the market for a few months as she wanted his 7% share now she has left.
i have offered to buy her out at its current value. but she refuses to accept.
can any one advise where i stand if she stops paying?
is she still entitled to his share if she stops paying.
if i sell the house in the future and it increases in value does her 7% move with this?
she is also threatening to move back in should i take the house off of the market.
thanks in advance.
0
Comments
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Get. A. Solicitor.
Now.0 -
You need professional legal advice, not advice here I'm afraid.I am a Mortgage Broker.
You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
any other opinion? - i have thought of this but i would prefer to reason with her and not sure where i stand exactly.0
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Him/Her???0
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sorry typo her0
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Seems clear you won't be able to reason with her.
Confused as to why she's paying half the mortgage for 7% share.0 -
What does your declaration of trust say will happen in the event of the relationship breaking down?0
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i think she left off the cuff and now wants to come back but i dont want to know.
my opinion is that she thinks there will be a hold over me on the house (7%) and unless we sell completely then she will always be there.
although i want to keep the house as the kids schooling is local and it would mean a big up lift.
im not sure what it says exactly - i will look in to it0 -
i know her half is around 500 pm0
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And it's never a good idea to use your real name (assuming it is) when asking about disputes like this.0
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