Re: Tennants in common, considering split, percentage changes?

newbie2009

I'm 45, I'm not immature I'm just panicking due to being in a rocky patch with my OH don't want to be left with nothing, i've never dealt with the figures it was all dealt with my oh.
I pay a third of the mortgage, the deposit was half and was £20 sometime ago, I know the house is worth £300,000 and the time we bought it the mortgage was £180,000 and thats all I know. I've tried calling the solicitor but not sure how much it will cost just to discuss so that's where i am

newbie2009

Thanks Ras!!! I was starting to thing I was a complete failure, what with my oh not being interested and being told im immature when asking for advice it's enough to go loopy! I am in the process of getting solid figures...hopefully!

Fang_3

newbie2009 wrote: »

I'm 45, I'm not immature I'm just panicking due to being in a rocky patch with my OH don't want to be left with nothing, i've never dealt with the figures it was all dealt with my oh.
I pay a third of the mortgage, the deposit was half and was £20 sometime ago, I know the house is worth £300,000 and the time we bought it the mortgage was £180,000 and thats all I know. I've tried calling the solicitor but not sure how much it will cost just to discuss so that's where i am

Right, so you paid half the deposit and pay a third of the mortgage. So I'm guessing that you own somewhere between a third and half of the house? Basically if you own less than you can prove you have paid then you're in a strong position to re-negotiate. But that depends on where the previous deposit came from - if it was cash from your bank, then fine, but if it was from equity from a joint owned property then maybe not fine.

You have a sizeable chunk of equity, and you bought it a while ago so the house has obviously risen in price and won't have dropped. In a straight forward split you would get back proportionally what you have paid in after the mortgage is settled. This could include things like the conservatory and other renovations as they will have contributed to the house's value. If a straightforward split is contested, then the likelihood is that it will all go into the pot, and then the pot will be split to take into account what each party has put into the property. Things like vet bills and food won't count.

Soubrette

newbie2009 wrote: »

I'm 45, I'm not immature I'm just panicking due to being in a rocky patch with my OH don't want to be left with nothing, i've never dealt with the figures it was all dealt with my oh.
I pay a third of the mortgage, the deposit was half and was £20 sometime ago, I know the house is worth £300,000 and the time we bought it the mortgage was £180,000 and thats all I know. I've tried calling the solicitor but not sure how much it will cost just to discuss so that's where i am

You don't have to justify yourself to anyone - you've asked a question and while it is expected that sometimes people will need more details ie you really do need to find out exactly how your home is owned - tenants in common or joint tenants, percentages etc - other questions such are your age is just prurient interest to reinforce the posters prejudice and preconceptions.

Fang is only one of two posters I have had on ignore in all the time I have posted on here and believe me the board becomes a much nicer place without that poster. Occasionally the advice is good, more often it is based on Fang's own prejudice, bias and preassumptions. Unless it is a post about Fang's own problems then the tone is alway rude and presumptious. This was what triggered the ignore for me - someone who is 'nice as pie' to the point of Uriah Heap handrubbing obsequeousness when their own problem needs a solution is fully aware of how to be nice and polite to people. If they do not do this in other situations it's because they choose to behave that way and are fully aware of what response they are provoking. There are lots of abrupt and rude people on MSE but they are like that consistently - it is in their character if you like. It seems to me then that Fang is just a hypocrite who like upsetting people so the whole point of this long tirade against Fang (who has already assured us all that nothing upsets Fang so I'm not bothered on that score) don't let it bother you and don't bother responding . If it walks like a troll and talks like a troll - treat it like a troll.

To put someone ignore - click on their name on the left of one of their posts, Click on user lists and a drop down menu should appear giving you the option to put them on ignore.

Sou

Fang_3

Could you also explain how if you bought the house three years ago, that how you came to own less than half now but last year owned two-thirds of the property? As in this thread from last year - https://forums.moneysavingexpert.com/discussion/1656899

And on this thread - https://forums.moneysavingexpert.com/discussion/1941537 you say again that you only own a small percentage but handed over money that you saved for a deposit, but then in this thread - https://forums.moneysavingexpert.com/discussion/1444247 you say that you have a bank loan for the deposit, but then in this thread - https://forums.moneysavingexpert.com/discussion/2431919 you say that family lent it to you.


And then to add more strangeness, in this thread you say you live alone! https://forums.moneysavingexpert.com/discussion/1878017 and yet days before and then days after you say that you live with your OH again.

Why all the lying? Are you a compulsive liar?

Fang_3

newbie2009 wrote: »

I'm 45,

You've aged fast. You were 28 last year - https://forums.moneysavingexpert.com/discussion/1904185

I knew that there was something off about you. Liar!

blindmouse

If your partner is encouraging you to pay the bills that dont count, for instance a vet bill and leaving him more money to pay the bills that do count in a split I would be worried

Soubrette

Soubrette wrote: »

To put someone ignore - click on their name on the left of one of their posts, Click on user lists and a drop down menu should appear giving you the option to put them on ignore.

Sou

Just realised after posting and seeing my shiny new sig - after clicking on their name - click on view public profile and then click on user lists (in the left side above statistics etc).

Sou

newbie2009

Thanks for that I have now ignored them as you have said. And no not a liar I use my log on for my friends people questions too x

Fang_3

newbie2009 wrote: »

Thanks for that I have now ignored them as you have said. And no not a liar I use my log on for my friends people questions too x

Of course you do. That's why it's nearly always your situation but with wildly differing facts. Why did you say that you were 45 then when you've previously said that you're 28? And why lie about when you bought the house? Or what you paid for it?