Can my ex make me sell our house?

System

£20k plus in moving fees

Wow! Is this the diamond encrusted removal van?

Alchemilla

Stamp duty.

Caprylate

!!!!!! wrote: »

Wow! Is this the diamond encrusted removal van?

Estate agency fees 1.5% plus vat. Solicitors fees for sale and onwards purchase. 3% stamp duty paid on onwards. Quite easily possible. No doubt other costs needing to be factored in.

longforgotten

If the OP & OH bought the house together why is it that the ex is not getting £215k , half of the home valued at £430k. I fail to see why he would accept £125k unless he has shed loads of money and can afford to take the hit. It's all very well that he can buy another home but I'd rather buy one worth £215k than £125. I feel I'm missing something somewhere ? Have I mis-read ?


Is the low offer because he did not contribute to the upkeep of the house ?

System

Caprylate wrote: »

Estate agency fees 1.5% plus vat. Solicitors fees for sale and onwards purchase. 3% stamp duty paid on onwards. Quite easily possible. No doubt other costs needing to be factored in.

All comes out of the purchase price before the equity is split (if the OP has any sense) so not a direct cost to the OP

anselld

longforgotten wrote: »

If the OP & OH bought the house together why is it that the ex is not getting £215k , half of the home valued at £430k. I fail to see why he would accept £125k unless he has shed loads of money and can afford to take the hit. It's all very well that he can buy another home but I'd rather buy one worth £215k than £125. I feel I'm missing something somewhere ? Have I mis-read ?


Is the low offer because he did not contribute to the upkeep of the house ?

It is not a low offer. Ex needs to pay off his share of the 180k joint mortgage from the £215k share, hence £125k equity buy-out.

Daisy28

Thank you all for your contributions. Some have been helpful, some have not been so helpful. But I appreciate you all taking the time to try and either advise me or abuse me. Only God can judge me. In the meantime I will do what I believe to be best for everyone involved. D

frisbeej

longforgotten wrote: »

If the OP & OH bought the house together why is it that the ex is not getting £215k , half of the home valued at £430k. I fail to see why he would accept £125k unless he has shed loads of money and can afford to take the hit. It's all very well that he can buy another home but I'd rather buy one worth £215k than £125. I feel I'm missing something somewhere ? Have I mis-read ?


Is the low offer because he did not contribute to the upkeep of the house ?

There is a £180k mortgage on the house.

Lord_Baltimore

Daisy28 wrote: »

Only God can judge me.

There is one other person who will judge you Daisy and that person seems to have been uppermost in the minds of several who have commented in this thread.

I sincerely hope you can resolve your circumstances amicably and that all 3 adults involved remember who is the most exposed at the time of parental disagreement.