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Buying Ex Partner out - without cooperation
SDIR01
Posts: 1 Newbie
Myself and my partner bought a flat 5 years ago. I put in all of the 10% deposit and we had a deed of trust stating that it would be spilt 60 / 40. The property has increased in value and there approx £190k equity. We agreed I would buy her out. This was going well and as the spilt was amicable I transferred approx 75% of the money because I was waiting till I was in a position to remortgage, now that time has come and my ex is delaying signing the document to transfer the ownership. She has had it for 4 months now and used various reasons for the delay.
Obviously in hindsight I shouldn't have transferred the 75% but she wanted the money and as things were civil I didn't see a problem with it. What legal frame work if any do I have to force the the BTL remortgage?
Obviously in hindsight I shouldn't have transferred the 75% but she wanted the money and as things were civil I didn't see a problem with it. What legal frame work if any do I have to force the the BTL remortgage?
0
Comments
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You have none.
A court would allow you a forced sale and nothing more.I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0
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