Gf moving out, what is she entitled to?

jamiehelsinki

If she's staying as a lodger for now get her to sign a contract as such!

Ames

iammumtoone wrote: »

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.

I wouldn't call nearly a third of the mortgage a small amount.

Soundgirlrocks

Mojisola wrote: »

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.

2.5k represents the equity increase, not the 8 years of payments toward the mortgage. Obviously the rate of interest will have an effect on the calculations as well we don't have enough information to work out what would be fair.

OP

What was the value of the house when she moved in? What was the mortgage remaining when she moved in? and what rate? Have you re mortgaged to release equity at any point since you were together? All these things need to factor in to give a fair estimate.

iammumtoone

Ames wrote: »

I wouldn't call nearly a third of the mortgage a small amount.

depends on what the final figures are the OP calculates but going on their estimate they have been paying £150 per month towards housing (not including shared bills). The other way of looking at that is where are you going to find anywhere you can live for £150 per month, they have had 8 years of cheap housing, If they choose to spend what they have saved that is up to them but its not the OPs fault.

Mojisola

Soundgirlrocks wrote: »

2.5k represents the equity increase, not the 8 years of payments toward the mortgage.

Why would she expect to get back payments made towards the mortgage?

If she's been paying rent in her own place, she couldn't claim anything back when she left.

mattpaint

Ames wrote: »

I wouldn't call nearly a third of the mortgage a small amount.

How much do you think this person should have paid to live each month?

Ames

mattpaint wrote: »

How much do you think this person should have paid to live each month?

I don't know because I don't know their incomes, or where they are in the country.

I was thinking in terms of beneficial interest - it seems hard (to me) to argue that paying nearly a third towards the mortgage is an insignificant amount, especially as eight years is quite a long time.

mattpaint

Ames wrote: »

I don't know because I don't know their incomes, or where they are in the country.

I was thinking in terms of beneficial interest - it seems hard (to me) to argue that paying nearly a third towards the mortgage is an insignificant amount, especially as eight years is quite a long time.

Why do you need to know their incomes or their location in the UK? Surely you know how much an adult living in a house like the one the OP describes costs?

She's had a very easy ride for eight years and instead of trying to scam money from the OP, she should thank her lucky stars she's had a lifestyle she couldn't have otherwise have afforded due to him carrying her.

Soundgirlrocks

Mojisola wrote: »

Why would she expect to get back payments made towards the mortgage?

If she's been paying rent in her own place, she couldn't claim anything back when she left.

Ethically I tend to agree with you however, a court would view it she wasn't paying rent she was paying capital off her partners mortgage and increasing her stake in the property, for 8 years.

Ames

mattpaint wrote: »

Why do you need to know their incomes or their location in the UK? Surely you know how much an adult living in a house like the one the OP describes costs?

She's had a very easy ride for eight years and instead of trying to scam money from the OP, she should thank her lucky stars she's had a lifestyle she couldn't have otherwise have afforded due to him carrying her.

Well, no, I don't know how much it costs to live in such a house because that cost will vary wildly depending on location.