Urgent Legal Advice re House Sale

JSawyers200

Hi. I may be in the wrong place for this but anything is worth a try. I have a house sale that is completing tomorrow.

My ex-partner and I are in a financial dispute and she is asking for a larger percentage of the sale proceeds from the sale. I have agreed that I do owe her a certain amount and have offered her that but she has refused to accept.

She is now stating that the solicitor will refuse to release the proceeds of the sale unless we have a signed agreement of how the money is to be split. Basically, she is asking for an extra £2k and I have offered her an extra £1k.

Anyone have any idea how the solicitor would deal with this situation? I was under the impression that the money would be released 50/50 unless a signed agreement was received to say otherwise. As neither of us will agree to sign a letter, does that mean the money will still be released 50/50 and we sort things out as a seperate issue or will he hold onto the money until we reach an agreement?

Any help would be greatly appreciated.

reformedEffortMaker_2

have no idea about where you stand legally. But could you not up your offer to £1500?....that way you would be going up another £500, and she would be coming down by £500. Meeting half way seems like it would be a lot less grief? ~(if of course you are happy to and she accepts?)

JSawyers200

I see where you are coming from reformed, however, I may not have made this point very well in my first post, but even the £1k I am offering her is more than I actually owe her.

david29dpo

As you say, the solicitor will give you a cheque in joint names for the full amount shortly after completion. He will not get involved in any dispute you have with your partner. He may split the cheque if you both agree and sign something so his back is covered, otherwise your bank will split it, again only if you both agree. If not, the cheque will sit rotting and you both get nothing.

mumoftwins

Your solicitor won't part with the money until it has been agreed who gets what!

budget_counsellor_shaz

My ex and me had the money split equally we had 50% each from the sale. I'm not sure it can be split any other way......But talk to your solicitor thats what you pay them for to deal with all the money issues including this.......

But please don't worry. It is so awful when going through a break up. I didn't get anything extra from my ex and I had all the children not even through CSA helped me. I supported them on my own and still do........

.....But life moves on I have a fab new hubby and life is great!

Shaz

kunekune

Could you each take a bit less than 50%, and ask the solicitor to keep the balance in their trust account until you have reached an agreement about the exact proportions. Then see if you can get a meeting with a mediator or someone to help you sort it out.