Trapped into living with the ex

dopester

1984ReturnsForReal wrote: »

no deposit?

Bought for £350K, with £100K put down by his Mummy.

If they sold now at £280K (possible, I've checked the area on Rightmove), they could pay off the mortgage debt back to the lender.

£30K left over. Maybe give her a £10K, or even £15K sweetener to agree to it without hassle, and part ways when sold. Both £15K left over, for the good plan outlined by Lizzie.

As it is, they are separated, living in the same house, and both hopelessly expecting house values to rise, and not to plummet by a further 50% or more.

LizzieS_2

dopester wrote: »

£30K left over. Maybe give her a £10K, or even £15K sweetener to agree to it without hassle, and part ways when sold.

To add to that, personally I would feel obliged to offer half of the deposit back to Ben's mum even if there is no legal obligation, but it doesn't have to come from the current property, so does not affect their separate ways.

1984ReturnsForReal_2

dopester wrote: »

Bought for £350K, with £100K put down by his Mummy.

If they sold now at £280K (possible, I've checked the area on Rightmove), they could pay off the mortgage debt back to the lender.

£30K left over. Maybe give her a £10K, or even £15K sweetener to agree to it without hassle, and part ways when sold. Both £15K left over, for the good plan outlined by Lizzie.

As it is, they are separated, living in the same house, and both hopelessly expecting house values to rise, and not to plummet by a further 50% or more.

mummy wants money back.

GracieP

seven-day-weekend wrote: »

I find it very very sad and a sign of the times that a couple think they are committed enough to buy a house together and FOUR MONTHS later realise they don't actually like each other all that much.

If you follow the link to read the full story you will learn that it was at their house warming party Gemma realised she wasn't happy with Ben.

I think it's because he got really drunk and peed in one of her pot plants, or up against her jewelery tree.

misskool

Maybe stories like this will make people realise that buying a house is a serious financial decision and not something to be done because my boyfriend's mummy said so.

young people are forever being told to "invest" in property or to get on the property ladder, maybe this will help stem that.

mystic_trev

I notice that in the article the properties a two bedroom terrace, yet in the video it's turned into a two bedroom Victorian Villa :rotfl:

longhotbath

I had to live with my husband whilst we were divorcing and I was buying my own place. Isnt that what most people do?
I moved into the spare room, slept on a sofa bed - didnt complain how unfair the system was - we were both adults and just got on with it.
There was no equity in the property as we bought towards the bottom of the last crash. Bough a tiny house in poor repair and started again. Current husband is a much better choice!

Jonbvn

!!!!!!! They make the biggest financial commitment of their lives with someone they were not really "into".

Are we supposed to feel sorry for such people?

kennyboy66_2

Jonbvn wrote: »

Are we supposed to feel sorry for such people?

Only because they are being stalked by some people on here.

Out,_Vile_Jelly

One of my mates bought a house with her bloke (also a 2-bed in SE London), after going out with him for just 6 months. It was a financial decision rather than a romantic one- she wanted to get on the property ladder. In London, a dual salary is often the only chance people get at purchasing, and leads to these kind of situations. Depressing.