House not selling - handing keys back?

comeandgo

I was of the understanding there is no such thing as a verbal anything with property - everything has to be written - your girlfriend does not own a property if its in the name of her sister and ex boyfriend.

LEJC

Having learnt her lesson with her grans house and discovering even though she partially paid the mortgage and got nothing on her grans death...why oh why is your girlfriend still continuing to pay the mortgage on a second property that she stand to gain nothing from?


Perhaps she'd be interested in chipping a bit away at my mortgage too......Im sorry but the way I see it is that she and you are possibly assuming responsibility for something that has no benefit to either of you.

BlackRaven_3

She is aware she doesn't "own" the house, and aware she could walk away and not her problem. If it was just her ex that it would leave the problem with then she would do. However, she is not going to drop her sister in it (and am surprised at the suggestions saying she should!!!). She wants to do whatever she can to get the house sold. In the meantime, we are keeping the repayments up (had asked the Halifax about interest only but they say they stopped that?!).

Her nan's death was recent, and my gf is trying to get the house sold to leave her sister free to buy their nan's. My view was her sister should just have the house her name is already in, work on how to get the ex off it (who sent a letter to the house saying not interested and you have full authority to do what you want on my behalf)., and to forget the nan's house. If her sister lived in the house it would pay the bills and bide some time, but she is already in the nan's house and doing it up which I think she shouldn't as they are increasing the value for when it comes to her buying it!

Mojisola

BlackRaven wrote: »

She is aware she doesn't "own" the house, and aware she could walk away and not her problem. If it was just her ex that it would leave the problem with then she would do. However, she is not going to drop her sister in it (and am surprised at the suggestions saying she should!!!). She wants to do whatever she can to get the house sold. In the meantime, we are keeping the repayments up (had asked the Halifax about interest only but they say they stopped that?!).

Did anyone say she should? I read it as people pointing out that her sister is in a very difficult position because you and your OH could walk away and leave her with the debt.

How have you been able to get an EA to market the house? I had to prove that I was the owner and that I had the right to sell the house before I could sign a contract with an EA.

RAS

No-one can sell this house until your GF locates her ex and gets him to agree to the sale.

If the house is in the names of sister and ex then they have to sign the legal documents. Nothing your GF can do except find ex and hope he co-operates.

jackomdj

BlackRaven wrote: »

She is aware she doesn't "own" the house, and aware she could walk away and not her problem. If it was just her ex that it would leave the problem with then she would do. However, she is not going to drop her sister in it (and am surprised at the suggestions saying she should!!!). She wants to do whatever she can to get the house sold. In the meantime, we are keeping the repayments up (had asked the Halifax about interest only but they say they stopped that?!).

Her nan's death was recent, and my gf is trying to get the house sold to leave her sister free to buy their nan's. My view was her sister should just have the house her name is already in, work on how to get the ex off it (who sent a letter to the house saying not interested and you have full authority to do what you want on my behalf)., and to forget the nan's house. If her sister lived in the house it would pay the bills and bide some time, but she is already in the nan's house and doing it up which I think she shouldn't as they are increasing the value for when it comes to her buying it!

I didn't suggest she should walk away BUT your thread is called"house not selling - handing the keys back" which implies that you (ie your OH) was thinking about it.

spacey2012

There is no such thing as a verbal declaration of trust.
A trust deed is a signed and witnessed legal document signed by all parties at the same time in the same room in front of a solicitor .

lovinituk

BlackRaven wrote: »

She is aware she doesn't "own" the house, and aware she could walk away and not her problem. If it was just her ex that it would leave the problem with then she would do. However, she is not going to drop her sister in it (and am surprised at the suggestions saying she should!!!).

Whoa! You're the one who originally said about handing the keys back! How is that not dropping the sister in it?!

And how are they expecting to sell the house if they can't track down the ex, who will need to sign any documentation relating to the sale?

princeofpounds

If the ex cannot be traced, then your gf's sister will need to go to court to even permit a sale. This will not be terribly complicated, but it will drag on, and it will cost money for the legal advice.

So I will repeat the earlier advice - your GF and/or sister needs to get hold of the ex first of all.

When this arrangement was set up, who was the driving force behind it out of interest?

Soot2006

Deleted as was repetition of info already given ... page had been left open too long so I hadn't seen the updates!