Ex Partner and Selling a Home

Gem2582

So this is my first post and a confusing one at that!
Me and my now ex partner brought a property together 6 years ago, 2 years ago he moved out with a £2000 pay out, I then spent the next 2 years paying off debt and credit cards and working my way towards a mortgage so I could get his name off the property. In the mean time I have paid the mortgage maintenance and ground rent on my own.


I've recently applied for the mortgage to have his name taken off and naturally it has gone to the underwriters for them to have a look at due to credit ratings.


Out of the blue the ex partner gets in contact, informed him of what's happening, he has lost his rag and decided he doesn't want his name off the house but would rather sell.


The bit i'm struggling with is what happens the equity as we own the house jointly does the equity have to be split in the same way? I believe as I have already given him £2000 (his half of the deposit on the property) and I have been paying the mortgage on our investment without help that I should receive more in equity payouts once the property is sold.


If anyone can shed some light on this I would be very grateful I seem to be chasing my tail at the minute!


Thanks x

Caz3121

What legal documentation was produced for the £2k payment? What did the ex sign to give up any share of future equity? Maybe get back in touch with the lawyer you used at the time
If this did not go through a lawyer and you were not married then it is likely that you will each be entitled to 50% of the equity unless there was a different % split of ownership agreed when you purchased the property. Whether the £2k counts towards his share will depend on what was documented at the time