Transfer of equity

Johnmiles_2

My ex wife is trying to claim money on our property even though we got divorced 5 years ago now all of a sudden she's demanding money to come off the agreement so the mortgage will be in my sole name I need some advice please help even though I've been paying the mortgage for the past 10 Years by myself

kingstreet

A transfer is the legal process to remove someone from the ownership of a property when the mortgage has been resolved to the one remaining party.

You need to seek legal advice on the claim before any transfer of equity can be completed.

Johnmiles_2

I've got my new the mortgage in place but she thinks that she deserves money even though it over 5 years ago and I've paid for it the past 10 years

RedFraggle

What was agreed in the divorce settlement?

Johnmiles_2

Nothing was agreed

Thrugelmir

There's your problem. Suggest you speak to a solicitor to formalise the financial settlement. While you've paid the mortgage, she's had housing costs of her own to bare.