Gf moving out, what is she entitled to?

Soundgirlrocks

Op it sounds like your ex partner has build up what is called a beneficial interest in the property. There is some information about how a benifical interest can occur here CAB Key point to note is "Beneficial interest can arise if some form of trust has been created"

This thread has some useful maths about how to calculate a fair percentage of the interest she holds. I would suggest after 8 years contributing toward the mortgage she may be entitled to a bit more than £2.5k, but without the figures to do the maths its difficult to say
https://forums.moneysavingexpert.com/discussion/5570566

Mojisola

Soundgirlrocks wrote: »

This thread has some useful maths about how to calculate a fair percentage of the interest she holds. I would suggest after 8 years contributing toward the mortgage she may be entitled to a bit more than £2.5k, but without the figures to do the maths its difficult to say
https://forums.moneysavingexpert.com/discussion/5570566

It's a situation where compromise is needed - she may have a beneficial right to get more than £2.5 or thereabouts but it will cost a lot in legal fees to fight for it.

Ames

I think that the amounts of £2.5-3.5k are reasonable. Just paying the deposit on a rental seems a bit low given that she'll have to buy furniture. I'm assuming though that she used to have everything she'd need and got rid when she moved in with the OP.

Guest101

jackieblack wrote: »

Do you mean "If not"?

If the bills were more than £560 then wouldn't the OP have been subsidising her? As she would have been paying less than half.

If the bills were less than £560 then the GF has been contributing more than just her share.

:huh:

Sorry yes, if not. Apologies.

shiny76

May I just add, whatever you agree on then

get it in writing and signed by both of you

at the very least.

Jonno345

Ames wrote: »

I think that the amounts of £2.5-3.5k are reasonable. Just paying the deposit on a rental seems a bit low given that she'll have to buy furniture. I'm assuming though that she used to have everything she'd need and got rid when she moved in with the OP.

No she moved in from her parents house so has never owned any furniture or appliances.

Jack1991

So she paid 280 in total a month? 280 a month and she gets to live in a nice house have SKY, internet, Nice phones and cars like you said. I would personally give her nothing but thats me. depending on how you feel about her at most a deposit for a flat/house.

FBaby

Jack1991 wrote: »

So she paid 280 in total a month? 280 a month and she gets to live in a nice house have SKY, internet, Nice phones and cars like you said. I would personally give her nothing but thats me. depending on how you feel about her at most a deposit for a flat/house.

The argument back is OP got all this too, saving himself £280 to spend on luxuries. That's the problem, both sides have justified arguments depending on which side you look at it from.

iammumtoone

OP you need to step back a bit and do some calculations of what your exact expensive were for the month, that need to be halved.

Include :
Tv license, sky if you have it, gas. elec, water, council tax, landline, broadband, contents insurance or portion of for her stuff (not buildings) and anything else that is paid monthly that can be counted as a shared expensive, subscription charges etc - check your bank statements carefully.

Once you have this figure half it and you can work out how much she has been paying towards the mortgage, then you can look at the equity.

I must say this all seems very unfair on the OP whilst I agree the GF should be given something to set herself up again (although she should have been able to set aside some saving to account for this) I don't think she should be entitled to what equity she has gained. Whilst the OP will have benefited by her paying a small amount to his mortgage every month, she has also gained from this arrangement as she had lived cheaply for the last 8 years (it would cost her a awful lot more elsewhere) so where does this factor come into it? It maybe worth seeing a solicitor for a free half hour OP.

boliston

FBaby wrote: »

The argument back is OP got all this too, saving himself £280 to spend on luxuries. That's the problem, both sides have justified arguments depending on which side you look at it from.

these are presumably luxury things the oh brought for her own use so would not have saved the op anything