Buying someone out of a house (but not a partner!)

BDH1973

Hi,

after some advice. A friends partners has left her. She wants to stay in the house but cannot afford to buy him out. They are joint owners. The house is worth about £100k after the outstanding mortgage owed.
I'm thinking about buying him out as an investment for myself, and also helping my friend out - but as an investment for me is key.

Any views as to what is reasonable in such a situation? Half of the value feels far to generous to the person who has walked out. Surely they cannot sell a house with their ex-partner living there?

Would appreciate if ayone has any views as to what courts would rule here, and waht is a reasonable amount. I'm aware that often the person walking out gets nothing.

thanks

hcb42

why would a person walking out get nothing? It would depend on equity etc. For example, I have £250K equity in my house, if I walked out tomorrow I would be looking for the thick end of £125K less any expenses etc, after paying back the mortgage, and assuming I continue to pay towards the mortgage, which I would do as a responsible person. That is a big assumption you are making there???