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Split up with ex, need to sell
I need some advice on a situation that is troubling me.
I bought a house with my ex 2 years ago when we were 22, 6 weeks ago she broke up with me and is now with another man (not a coincidence).
We have potential to make 80k (based on current prices) if we extend then sell, although i have a distinct feeling she is trying to screw me over.
When we bought the house, my dad lent me 30k for deposit, be had an agreement where the mortgager would come out of her account and i would pay everything else. If we were to extend, would everything be guaranteed to be split 50/50, or could she use the fact that the mortgage was coming out of her account to screw me?
I am really looking for what options are available for me at the moment, she couldn't afford to buy me out as i wouldn't leave my dads 30k in there, could i say the 30k was a gift and not a loan, and i paid the deposit (would that give me any leverage?).
Tom
Comments
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Are you joint tenants or tenants in common?0
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I am not sure, how do i find out?
What is the difference, we made a joint mortgage application, and my dad has a second charge on the property0
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