📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Seperated and in negative equity

Hi,

Me and my wife have a shared ownership flat thats in negative equity. I understand that if we made profit then i would have to buy her out, but if we are in negative equity, is she entitled to pay me half of the deficit in order to 'buy herself' out of the mortgage. I can afford to remain here and wish to stay

We are married etc and she has left me.

Any advice is apprecitaed

Comments

  • Do you have the income to support the mortgage on your own?

    If not, the lender won't let her off the mortgage. You will have to bide your time.

    If yes, then maybe in principle she might owe you something, but that would probably have to be considered in light of the overall financial settlement, including for example the potential of her having a chunk of your pension rights, when divorce is discussed.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.8K Spending & Discounts
  • 244.3K Work, Benefits & Business
  • 599.5K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.