Gf moving out, what is she entitled to?

-taff

A friedn was in your ex's position. He wet to see a solictor and was told he had to prove beneficial interest, and that the cost of the solicotr would probably outweight the amount he'd receive. His ex gave him £2000 towards the furniture, white appliances etc, tat he'd bought.....

However

Jonno345 wrote: »

By the way she has calculated that £70 a week for 8 years is about £29k which I understand is a lot of money but she seems to think that she should get about £10k.

I exepct that at no point in yor relationship did you tell her that you were her savings bank. £70 a week is nothing, she'd pay more than that to rent a room, so personally, I doubt she has a leg to stand on in regards to a beneficial interest as her money didn't pay a significant chunk of the mortgage.

justme111

It looks like we all agree not much ground for benefitial interest. I still think she should get some money, £2500 looks like an ideal figure with explanation to her as to why because I think it would be unfair if all the hassle and expense of moving was bourn by one party only.

FBaby

There is no right or wrong as you could factor a number of circumstances to reach a 'what is fair' outcome. For instance, if it wasn't for her contribution, could you have paid for all the mortgage and half of the bill. Because if not, she could have an argument to say that her contribution allowed you to build the capital in the house and therefore she should be entitled to more than 25% of the equity.

I think the first stage is for both of you to agree a baseline, which from what you are saying is likely to be 25% of the equity. Than you can both throw what you believe should go on top, or under that until you reach a compromise. Sounds like it is likely to be between £2.5K and £10K, closer to the £2.5K.

Start at £2.5K, and then consider how much more you are willing to go/ £3K, £4K? Are you sure the equity has only gone up by £10K in 8 years? Seems low.

Jonno345

Thanks for the advice it's much appreciated. Yes I can afford all the bills and mortgage without her contribution, and the house prices round here haven't really gone up much and it's only a small house so is never going to rocket up in value

Valli

Solicitors offer a free half hour initial consultation. Book a couple/few appointments and go armed with questions and your figures and see what they say. And get an idea of scale of charges while you're there, just in case.
If you can't come to an amicable agreement at least you will know how much it's likely to cost. She'll be facing similar charges. Might have an impact on your negotiations.

-taff

FBaby wrote: »

There is no right or wrong as you could factor a number of circumstances to reach a 'what is fair' outcome. For instance, if it wasn't for her contribution, could you have paid for all the mortgage and half of the bill.

As he'd already bought the house and was living in it, she can't argue that.

heartbreak_star

I'm in the same situation as your ex, if me and my OH split up I'd just want enough deposit for a rented place - I'm living cheaper than I would be if I was renting

HBS x

Mojisola

Jonno345 wrote: »

The house value has increased probably about £10k in the time she's lived here, do you mean she should get 25% of this?

I think this would be seen as a very fair offer.

Once she looks in to how much it would take her to put up a legal challenge, she'll realise it's worth accepting.

bmthmark

I would offer her £1000 towards her next rented accommodation deposit. I would not offer anymore and if she wants to take it further then let her.
I would not take the advice of the person asking her to stay in the spare room. That's madness and to be honest I would give her a date she needs to move by. I know it sounds harsh but can you imagine how awkward it would be if you meet someone new or she does.

TBagpuss

Ok, based on what you say, she was paying £303 per month and the total outgoigns including mortgage were 3800 per month. So she was paying about 38% of the total.
Alternatively youwere splitting the bills and she was paying £153 per month to the mortgage or around 30%.

So, if the equity has gone up by £10K since she moved in, it would be reasonable for her to have somewhere between 30 & 38% of that, or between £3K and £3.8K.

If the £10K is just waht the mortage has gone down bythen you do need to loo at the total change in equity, but it would be reasonable to take into account how much of that was attributable to growth in the value of the % of the proepty you had as equity before she moved in.

another way of looking at it would be to look athow much she would need, locally, for a deposit, secirity checks and first months rent, and moving costs, and offer her something that would cover that.

She may have paid £29k over the time you've been together but a big chunk of that was for stuff such as electricty, interest and council tax that you use as you go along. The only relevant factor is how muc hthe equity has increased andwhat contributionshe has made to that.