We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
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!
What is the process for disputed free proceeds left over from a house sale?
Options
Comments
-
SingingIntheStreet said:Help!
I’m posting on behalf of my friend who sold his house he jointly owned with his ex.A small amount of cash is left over.What is the process for the conveyancing solicitor to hand over the cash to the former owners?
The ex has said they want it all, and if my friend wants it (or to split it, or to put it into trust for their daughter) he must go through the courts.Is that his only option?
It’s been sat in a solicitors account for almost a year and isn’t much money, not worth court action.Thanks
This si why t's better to agree before the sale is completed and some solicitors may require irrevocable instructions at the outset as to how any proceeds should be split.
It may not be worth going to court but might be worth pointing out o the court that if he has to go to court she may be liable for his costs on top of her own. Alternatively he may feel it's with offering an unequal split so she gets more than 50% but less than 100%All posts are my personal opinion, not formal advice Always get proper, professional advice (particularly about anything legal!)0 -
SingingIntheStreet said:Thanks for your comments everyone. I think we’ve found a way forward.Which is?People who respond do so to try to help and because they care. So it's nice to know how things resolve........4
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