Evicting adults in my home

parkrunner

SteveB1965 wrote: »

Thing is it is on the market at an inflated price....if I go down the solicitor route and ends up towards court she will probably turn round and reduce the price eventually meaning I have to pay the costs for a lawyer up to that point....

Wouldn't any reasonable costs be taken from the equity before splitting the rest 50/50, I don't know but anyone have an idea?

t0rt0ise

csgohan4 wrote: »

Might as well report your ex for tax evasion if she is not declaring the income while your at it

https://www.gov.uk/report-an-unregistered-trader-or-business

What utter rubbish!

SteveB1965

She pays the mortgage now which is for a 20k loan on a house worth 260k leaving a large amount of equity which I see nothing and she takes rent of the her grown up daughters who are both earning...

SteveB1965

I have stopped paying a mortgage of 20k on a 260k house where I have over 100k equity share...would you continue if your ex would not sell the house for a reasonable price....we lived in it for only 9 months and she takes rent off her adult daughters which cover the mortgage and majority of bill so she effectively lives rent free in a 4 bed house while I have to pay living costs elsewhere.....you seem to think you know what you are talking about so what do you think now?

pinkshoes

SteveB1965 wrote: »

I have stopped paying a mortgage of 20k on a 260k house where I have over 100k equity share...would you continue if your ex would not sell the house for a reasonable price....we lived in it for only 9 months and she takes rent off her adult daughters which cover the mortgage and majority of bill so she effectively lives rent free in a 4 bed house while I have to pay living costs elsewhere.....you seem to think you know what you are talking about so what do you think now?

I think you need to put pen to paper and give her deadlines.

Give her 1 month to put the house on the market where you will pay the legal selling fees, or her to Buy you out at 2% below market value of £260k.

If she fails to do this, tell her you will be legally forcing the sale where she will become responsible for all legal fees for obstructing the sale which shall be deducted from her share of the equity.

Get tough!!!!!

(Send letter with proof of postage)

parkrunner

pinkshoes wrote: »

I think you need to put pen to paper and give her deadlines.

Give her 1 month to put the house on the market where you will pay the legal selling fees, or her to Buy you out at 2% below market value of £260k.

If she fails to do this, tell her you will be legally forcing the sale where she will become responsible for all legal fees for obstructing the sale which shall be deducted from her share of the equity.

Get tough!!!!!

(Send letter with proof of postage)

This ^^^^ stop fannying around.

TBagpuss

TrickyDicky101 wrote: »

If I was her I would politely decline to pay any rent (or, more likely, completely ignore such drivel).

The ex is occupying a house that both she and the OP own. She has no need or obligation to pay 'rent' to the OP.

OP is entitled to a share of the rent being paid, and it is actually common, and recognised in law, that it can be appropriate for a joint owner who is the sole occupant to pay 'occupation rent' to the other owner, for the use of their share of the house.

It's a valid request to make.

theartfullodger

It's not "your" home, it's an asset you jointly own with her. No offence, but stop fooling yourself & get real!


Hope it gets sorted.


Artful (Now on 3rd successful marriage...)

Cheeky_Monkey

TBagpuss wrote: »

OP is entitled to a share of the rent being paid, and it is actually common, and recognised in law, that it can be appropriate for a joint owner who is the sole occupant to pay 'occupation rent' to the other owner, for the use of their share of the house.

It's a valid request to make.

Indeed, but then her asking the OP to resume paying his share of the mortgage would also be a valid request so it's a case of 'quid pro quo' IMO

thelem

SteveB1965 wrote: »

I have stopped paying a mortgage of 20k on a 260k house where I have over 100k equity share...would you continue if your ex would not sell the house for a reasonable price....we lived in it for only 9 months and she takes rent off her adult daughters which cover the mortgage and majority of bill so she effectively lives rent free in a 4 bed house while I have to pay living costs elsewhere.....you seem to think you know what you are talking about so what do you think now?

Yes, I'd continue paying the mortgage on my £130k investment, because I'd also be collecting rent on that investment. I won't worry too much about who was paying the rent, as long as you receive 50% of the market rent from the occupiers.