What can i do 30 April 2009 at 4:47PM in Mortgages & endowments 3 replies 607 views

collierbach

My wife left me for somone else after 34 years together, now she wants to put the house up for sale. There is no mortgage, the property is worth about £180000. What is my best plan of action to buy out her share.
I am 56 years old and earn £16000 a year I have £30000 in savings which is mine.

Trying_to_be_good

You need divorce advice rather than mortgage advice, I think.

She may be entitled to half the value of the house and half your savings (and you to half hers). Nothing in a divorce is as easy as 'mine' and 'yours', unfortunately.

If you offer us some more details, we may be able to help. In any case, good luck.

happybroker

collierbach wrote: »

My wife left me for somone else after 34 years together, now she wants to put the house up for sale. There is no mortgage, the property is worth about £180000. What is my best plan of action to buy out her share.
I am 56 years old and earn £16000 a year I have £30000 in savings which is mine.

See a solicitor collier, sorry to hear of your situation and I hope things work out but as above, it really is legal advice you need.

TEDDYRUKSPIN

Definitely solicitor advice.