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Joint Tenants separating
Roger999
Posts: 3
Newbie
Unmarried, joint tenants and now separating. Mortgaged property.
I’ve put significantly more money into the property, 80/20. I can prove what I’ve paid on deposit, home improvements etc. House has increased in value by a sizeable sum as a result.
Partner wants 50/50 of equity as joint tenant. Have I been naive here? I obviously paid out money in good faith and didn’t foresee separation. Anything I can throw at her? (Metaphorically for now)
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Comments
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What does your Deed of Trust say?Roger999 said:Unmarried, joint tenants and now separating. Mortgaged property.I’ve put significantly more money into the property, 80/20. I can prove what I’ve paid on deposit, home improvements etc. House has increased in value by a sizeable sum as a result.Partner wants 50/50 of equity as joint tenant. Have I been naive here? I obviously paid out money in good faith and didn’t foresee separation. Anything I can throw at her? (Metaphorically for now)0 -
Unless there is a separate agreement, 50/50 is likely to be the starting point. When property is involved, there should be at a minimum a time limited agreement in place in relation to this, likely with several exceptions. If you didn't do this, the matter will likely be on you.Roger999 said:Unmarried, joint tenants and now separating. Mortgaged property.I’ve put significantly more money into the property, 80/20. I can prove what I’ve paid on deposit, home improvements etc. House has increased in value by a sizeable sum as a result.Partner wants 50/50 of equity as joint tenant. Have I been naive here? I obviously paid out money in good faith and didn’t foresee separation. Anything I can throw at her? (Metaphorically for now)
Your part in bold is not funny joke at all. Domestic violence is a serious matter and shouldn't even be joked about. It's in no way acceptable.💙💛 💔1 -
Completely agree, my apologies. It’s all just very frustrating, you think you know someone and then the depths people are preparedCKhalvashi said:
Unless there is a separate agreement, 50/50 is likely to be the starting point. When property is involved, there should be at a minimum a time limited agreement in place in relation to this, likely with several exceptions. If you didn't do this, the matter will likely be on you.Roger999 said:Unmarried, joint tenants and now separating. Mortgaged property.I’ve put significantly more money into the property, 80/20. I can prove what I’ve paid on deposit, home improvements etc. House has increased in value by a sizeable sum as a result.Partner wants 50/50 of equity as joint tenant. Have I been naive here? I obviously paid out money in good faith and didn’t foresee separation. Anything I can throw at her? (Metaphorically for now)
Your part in bold is not funny joke at all. Domestic violence is a serious matter and shouldn't even be joked about. It's in no way acceptable.
to go to.0 -
Contact a good solicitor, depending on the sums involved.
Or bite the bullet and agree 50/50, sort it out and live a good life.
And, as an aside, that was funny to anyone with a sense of humour.
(imminent thread deletion and spanking...)I started out with nothing and I still got most of it left. Tom Waits0 -
I hope the thread doesn’t get deleted: it should serve as a reminder not to be naive, blinded by love etc and that you shouldn’t trust anyone when money is concerned.CookieMonster said:Contact a good solicitor, depending on the sums involved.
Or bite the bullet and agree 50/50, sort it out and live a good life.
And, as an aside, that was funny to anyone with a sense of humour.
(imminent thread deletion and spanking...)»The road to DF is long and bumpy » Greensaints0
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