We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Splitting Profit from a house sale with an Ex
poohwithmoney
Posts: 67 Forumite
Hey.
Hoping someone can help.
I'm selling a house with an ex partner. We have had the house together for quite a few years and it now has quite a lot of equity in it. He has asked me to sign all the agreement papers with the estate agent. I just want to know shall I instruct my solicitor now. The Ex is entitled to slightly more of the profit than I am as he put more in on the deposit, which I agree with but he is bit slippery and is already saying he thinks he should have even more. When the sale goes through can I insist on my share of the money being paid direct to my personal account. We do still have a joint account that the mortgage payments come out from I don't want my share going into this account incase he gets to the money first.
Thank you
Hoping someone can help.
I'm selling a house with an ex partner. We have had the house together for quite a few years and it now has quite a lot of equity in it. He has asked me to sign all the agreement papers with the estate agent. I just want to know shall I instruct my solicitor now. The Ex is entitled to slightly more of the profit than I am as he put more in on the deposit, which I agree with but he is bit slippery and is already saying he thinks he should have even more. When the sale goes through can I insist on my share of the money being paid direct to my personal account. We do still have a joint account that the mortgage payments come out from I don't want my share going into this account incase he gets to the money first.
Thank you
0
Comments
-
You may have to pay the solicitor more to pay you both individually but it's definitely worth doing. However you will both have to confirm an amount or percentage to the solicitor before they will release the funds to you.0
-
What the details of the purchase(inc all costs), deposits ad mortgage payment splits, sale, outstanding mortgage net proceeds after costs.
if there were any investments/maintenance on the property how were they split
can work out what the numbers should be and see if they agree with any of your estimates.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.4K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.4K Work, Benefits & Business
- 601.2K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards