Joint mortgage. Not married, Separating. Ex claiming half. Advice please.

Grezz24

surely splitting it 50/50 is the best thing to do, as your child will be with the mother, so she will have money to help raise said child?

mric2000

We will be splitting responsibility and time with our daughter 50:50 (this has been agreed) and everything has been 50:50 so far.
I gave up my previous job when she arrived and am pursuing self employment so I can plan my life around her needs.

Mnd

How much mortgage is outstanding, then if you sell for 300k minus the outstanding mortgage at least you will know how much cash is involved. I'm struggling to see how she is going to raise 60k to pay you.
(Sorry if I'm being a bit dim here)

getmore4less

The simple scenario is 60k was put up front 30k each(interest free loan to OH).

They lived in the place and shared costs according to means and obligations.

Split the net equity 50:50 and OH pays back the 30k from that share.

Thrugelmir

mric2000 wrote: »

Is there a strong enough case for me to make sure my deposit and additional costs all come back to me?

If you take the matter to Court. The Court assumes guardianship of the interests of any children. While you have grounds to argue for the deposit you contributed at the outset. The Court will take into account provision for the children, i.e. a home. Otherwise the base point will be a 50/50 split of equity.

Tigsteroonie

mric2000 wrote: »

She believes that the various benefits departments would refuse her any support if she didn't get half the complete house sale, as she is on the mortgage she is a joint owner, so in their eyes she has equity.

<snip>

Are the benefits departments likely to accept that we had an agreed settlement and it won't affect her standing that she didn't take half the house?

How would the "benefits departments" find out that she didn't get half of the full equity, unless she goes to see them with various pieces of paper and calculations? Personally, I don't think the "benefits departments" will be bothered.

My experience was that I told the DWP & Council that although I had a share in a house, our marriage had broken down, I could no longer live there, and the house was on the market. My share of the equity (I didn't need to provide figures) was disregarded for six months to allow for settlement.

Mnd

When we bought our house and moved in together, our deposit was £65k.

Due to circumstances before we got together I put up 50k my partner 15k

If we split up after 5 years I wouldn't have expected a refund of that difference,

mric2000

Thank you all.
Looks like we have more talking to do...