House purchase question

FatVonD

Totally off topic but can I ask (since you're 'both' here) if Marisco with a big 'M' and marisco with a small 'm' are the same person??

OP, I'd calculate the difference between the purchase price and the possible sale price (go to nethouseprices to see what houses in the road realistically have been selling for assuming yours is in a fairly similar state), split the rest of the equity 50/50 then deduct from his share the couple of thousand that would have been his half of the estate agents and solicitors fees had the house been sold.

Don't mention maintenance until it's all done and dusted (he may put 2 and 2 together and realise he's going to be no better off and will have no further investment) and then put in a CSA claim.

marisco_2

Nope totally different people. I am surprised the site allowed me to register with the name seeing as someone was well established on here with the same name, but starting with a capital letter! Only noticed this a couple of weeks back.

FatVonD

marisco wrote: »

Nope totally different people. I am surprised the site allowed me to register with the name seeing as someone was well established on here with the same name, but starting with a capital letter! Only noticed this a couple of weeks back.

Thanks, I've been wondering for a while!

Marisco

No Von, it's one of those coincidences that pop up now and again! I noticed marisco a couple of weeks back, as I'm usually on DT, but "venture out" every now and again!

Fire_Fox

Mods wrote: »

This is the part we need to establish properly. So far, I'm only aware that a verbal agreement to split 50/50 exists between my partner and her ex. I don't know if this counts for much. Seeing solicitors next week one of whom asked to see conveyancing documents and the TR1 form which I've got but can't see how they might be relevant. Anyone know why?

It is not only a verbal agreement legally the default is 50/50.

neneromanova

See if it was me, I would work out how much money he would have actually paid to your partner in CSA payments (20%) of income. I would work that out for the years that it has been paid, then take that away from the equity. Show the ex what you have done and say that as CSA payments are say £4k in 6 years, he is entitled to £11k Equity as that is half the current equity, minus what he has paid to keep the kids in the house with a "roof over their heads".

daska

neneromanova wrote: »

See if it was me, I would work out how much money he would have actually paid to your partner in CSA payments (20%) of income. I would work that out for the years that it has been paid, then take that away from the equity. Show the ex what you have done and say that as CSA payments are say £4k in 6 years, he is entitled to £11k Equity as that is half the current equity, minus what he has paid to keep the kids in the house with a "roof over their heads".

Or if you wanted to be generous, take the maintenance off the total equity and then halve the remainder. I still can't understand why people think it's right that missscousemouse paid half the mortgage and got no child support and should still hand over half the equity? Makes her share more iniquity then equity.

neneromanova

daska wrote: »

Or if you wanted to be generous, take the maintenance off the total equity and then halve the remainder. I still can't understand why people think it's right that missscousemouse paid half the mortgage and got no child support and should still hand over half the equity? Makes her share more iniquity then equity.

No I wouldn't look at being Generous as then you're showing the ex that he doesn't have to really pay full maintenance. If he mentioned why wasn't the remaining say £27K split in half I would say well I already have paid more than say £300 a month to keep both the kids alive so you have to help also as we both brought them into the world.

If he doesn't see this as fair, I really would go see a solicitor for a free half hour session and just ask them what they think should happen. We can say all our own opinions on here, but I Guess legally it's the solicitors word who is true.

Marisco

daska wrote: »

Or if you wanted to be generous, take the maintenance off the total equity and then halve the remainder. I still can't understand why people think it's right that missscousemouse paid half the mortgage and got no child support and should still hand over half the equity? Makes her share more iniquity then equity.

Maybe that is what was agreed when they first split up? Maybe she couldn't keep the house if ex didn't pay half the mortgage? If that is the case, then I think ex has paid, he's kept a roof over the kids' head!! Surely no one expects the ex to pay half the mortgage and CM? He has to live as well! If she couldn't pay on her own, and the ex stopped paying mortgage to pay CM, then maybe the house would have been repossesed?

Best to get it valued, give him half the equity, and go to the CSA properly and sort out CM. Why make things difficult by "ducking and diving" which might end up costing thousands?

cheepskate_2

daska wrote: »

Or if you wanted to be generous, take the maintenance off the total equity and then halve the remainder. I still can't understand why people think it's right that missscousemouse paid half the mortgage and got no child support and should still hand over half the equity? Makes her share more iniquity then equity.

AND dont forget ......to add onto the ex's share , the 1/2 rent he would get from renting out this house, as of course the op's gf would have to have paid full rent on a property that she had sole use of, not mentioning any boyfriends that stayed over the 6 years and used all parts of the house......fairs fair