We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Mother's Ex Partner entitlement
Options
jb1988
Posts: 1 Newbie
Hi all, I just wanted some advice. My mother bought her house from the council a 3 years ago to do so her and her ex partner took out a mortgage. 8 months later the partner walked out and hasn't looked back. My mother now wants to sell the house but her ex partner wants money from the property. Although she has not made a single financial contribution towards the house or mortgage or even the deposit to get the mortgage and we have proof. If it goes to court could she walk away with something?
0
Comments
-
Hi all, I just wanted some advice. My mother bought her house from the council a 3 years ago to do so her and her ex partner took out a mortgage. 8 months later the partner walked out and hasn't looked back. My mother now wants to sell the house but her ex partner wants money from the property. Although she has not made a single financial contribution towards the house or mortgage or even the deposit to get the mortgage and we have proof. If it goes to court could she walk away with something?
She wont be able to sell the house without the consent of the other owner, regardless of whether they live there or have paid anything towards the mortgage or not.
I would first find out how much they want and go from there. I assume they want some of the discounted value.0 -
You could look on it as the ex-partner going on the mortgage enabled your mother to buy at a discount. Payback is to give up some of that discount.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0
-
It's a Jones v Kernott case and some of the equity was due to the "abandoner" on sale.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
-
Why is mum selling after only 3 years0
-
Will she have to pay back some of the discount ?
Selling and buying a new home is very expensive !0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 598.9K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards