Equity - Boyfriend - new house argument

Annieireland71

Candyapple wrote: »

Bad advice.

1. OP can't get any further loans / credit at the moment. She is £25k in debt with a £36k salary. No lender will touch her.

2. Why would the partner accept £12k to !!!!!! off now when he can quite easily get triple that (£33k) from the sale of the house and still walk away free?

3. He wants the £12k from the OP only if she uses his equity to put towards deposit on the new property. He's not stupid.

4. If OP followed your advice and gave him £12k now and then he moved into his own rented place and then OP told him the relationship was over, he would still be entitled to the £33k equity so OP would have lost an additional £12k for nothing.

what is heaven like?!

Candyapple

OP your only 2 options are:

Option A: See post #124 – this will be your life for the next 20+ years. Good luck and you better pray that he doesn't die before you do otherwise be prepared for a lengthy and expensive court battle in your old age only to lose your home when his other children lay claim to their dad’s equity share and force you to sell the house.

Option B: sell the house. Give him his equity. End this sorry excuse for a relationship. Pay your debts off with your half. Move into rented accommodation and get on with your life. Get lots of therapy.

Annieireland71

I'm considering not going home tonight
I need some breathing space
would that be ok?

fred246

0808 2000 247 is the national number to call. Get phoning them and let us know how it goes. You can't continue like this without proper help.

fred246

Have you phoned them yet? That's what they are there for. They are waiting for your call. You'll feel much better when you have spoken to someone.

Annieireland71

fred246 wrote: »

Have you phoned them yet? That's what they are there for. They are waiting for your call. You'll feel much better when you have spoken to someone.

no not yet

i want to get my daughter and get something to eat. i am not eating or sleeping

fred246

Annieireland71 wrote: »

no not yet

i want to get my daughter and get something to eat. i am not eating or sleeping

OK. Do phone them though. You need help from other people. These charities are really helpful and set up to help people like you. They want to be contacted.

Annieireland71

fred246 wrote: »

OK. Do phone them though. You need help from other people. These charities are really helpful and set up to help people like you. They want to be contacted.

I deserve all I get

fred246

They will definitely help you. They will go through all the options that are available. They are used to helping people like you.

mrschaucer

Annieireland71 wrote: »

I deserve all I get

No, this is what he wants you to believe. You deserve better.