Ex-Partner claiming for property

danielmorris81

Back in 2006, my then partner and I purchased a property with help from the government on the 70/30 ownership scheme that they were doing at the time. This was purchased through Halifax for £98'000. We borrowed £69'500. The move in date was 10th Februaury 2006. On the 14th March, only one month later, the ex moved out. It wasn't a simple case of her moving out though. I found out that she was having an affair and asked her not to come back. Since then, I have been back and forth to the bank trying to get the mortgage in my own name. My credit was never good enough to have the property and have been back and forth to the bank for the last 10 years trying. I have had letters in the past requesting that the ex have her name removed from the property but was never possible because of my then credit rating.

I am now in a situation whereby I have been able to get the mortgage agreed in my own name, and my current partners name. I have given the declaration form to the ex for her to sign. It seems that she now thinks it may be a good opportunity to get some money from the property. I have now had notice that she has been to see a solicitor to get the money she thinks she deserves.

Remembering that the property is 30% owned by a housing association, some of the contract rules were that I am not able to remortgage the property and not allowed to secure any loans on the property.

The value of the house has drastically reduced down to between £80k and 85k. The mortgage was taken out over 30 years. It seems the house is in deficit at the moment.

Can anyone clear this up for me and the chances of the ex partner actually being able to get money from the property by forcing me to sell it?

Thank in advance.

Guest101

How much is she after?


Did she put down any money at all?


How was it bought? Joint tenants / tenants in common ?

danielmorris81

It was purchased as joint. I haven't had the letter to state how much yet? I imagine that will be in the post either today or tomorrow. She has the appointment with the solicitor yesterday.

Not sure if the amount of money she has put into the house has anything to do with it but as far as mortgage payments, there has been none. I also spent 10k on the house last year fixing the roof to the house, replacing the kitchen and also the flat roof on the kitchen. I have made all payments by myself.

Guest101

danielmorris81 wrote: »

It was purchased as joint. - So she has a claim to something. I haven't had the letter to state how much yet? - can you just phone and ask? I imagine that will be in the post either today or tomorrow. She has the appointment with the solicitor yesterday.

Not sure if the amount of money she has put into the house has anything to do with it - It does. How much and what for? but as far as mortgage payments, there has been none. I also spent 10k on the house last year fixing the roof to the house, replacing the kitchen and also the flat roof on the kitchen. I have made all payments by myself.- Good, but not really relevant

Is there any equity at all in the property? if so, how much?

fed_up_and_stressed

Was the deposit jointly funded ?

caprikid1

"Not sure if the amount of money she has put into the house has anything to do with it "


So she paid the deposit and legal fee's ?

Pixie5740

Have you sought legal advice of your own? Regardless of how much you might have spent on repairs etc you do jointly own the property with her and she may be entitled to something. However, it looks as though you are in negative equity at the moment so there might not be anything to give.

Also, if you own this property as joint tenants then if you die the property would automatically become hers.

RAS

danielmorris81 wrote: »

The value of the house has drastically reduced down to between £80k and 85k. The mortgage was taken out over 30 years. It seems the house is in deficit at the moment.

Can anyone clear this up for me and the chances of the ex partner actually being able to get money from the property by forcing me to sell it?

How much is the remaining mortgage?

Was this a joint tenancy? Or tenants in common? Any deed of trust?

danielmorris81

My ex partner paid none of the legal fees when we bought the house. Everything was paid from my account. Although, I will be fair and say that I did think of everything as equal when we bought the house so didn't mind paying.

There is £54k left on the mortgage. She is on the deeds.

I have not sought legal advice yet because I wanted to wait for the letter to arrive in the post from her solicitor.

The deposit for the house was paid for by the housing association that helped us to get on the ladder therefore no deposit was made from our own accounts.

Pixie5740

danielmorris81 wrote: »

I have not sought legal advice yet because I wanted to wait for the letter to arrive in the post from her solicitor.

You'll be waiting a while for that letter then.

Deposit paid by the HA and now the property is worth less than when you bought it? All things considered she is probably due the square root of eff all.

Guest101

Pixie5740 wrote: »

You'll be waiting a while for that letter then.

Deposit paid by the HA and now the property is worth less than when you bought it? All things considered she is probably due the square root of eff all.

At the minute. But the OP needs to get her off the mortgage ASAP.


It might be she's asking for money to facilitate this