Selling a house after a break up

HampshireH

lisyloo said:

HampshireH said:

Ian815 said:

HampshireH said:

Ian815 said:

Hi, my partner and I have broken up, but we are both still living in the house we bought together 2 years ago.
I want to spend a couple of years working in Australia, but would have to leave in September to take advantage of the new scheme.
Problem is, my ex has said he will make it difficult to sell the house as he has no where else to go. 

Any ideas would be most welcome.
Thanks

Can your ex buy you out?

Not likely. He doesn't earn enough to cover the mortgage himself.

Then without wishing to sound rude....he needs a reality check.

However, September is only 4 months away and it's unlikely you will have sold and completed in that time (though not impossible)

I say it’s impossible if the joint owner isn’t going to cooperate.

Well yes. But even if they agree 

user1977

Ian815 said:

I want to spend a couple of years working in Australia, but would have to leave in September to take advantage of the new scheme.

Do you mean you need to get your hands on your equity before you can afford to go to Australia, or is this just a preference to have things tidied up before you leave?

kazwookie

Take him to court, get it sorted once and for all, put off your trip to Australia for now.

jimbog

since it's only for a couple of years selling now might not be wise if you want to get back on the housing ladder

TripleH

The risk is if you trust him to pay the mortgage if you're not paying anything.

Do you trust him not to sell when you're overseas and run off with the money?

The best solution would be to sell and have a clean break before you go but I accept that isn't practical.

canaldumidi

TripleH said:

The risk is if you trust him to pay the mortgage if you're not paying anything.

Do you trust him not to sell when you're overseas and run off with the money?

The best solution would be to sell and have a clean break before you go but I accept that isn't practical.

How can he sell without the OP's signiture?

And OP only signs after instructing the conveyancer that the queity gets split 50/50 (or whatever).7

But frankly, Completion won't happen before Sept, and trying to oversee this from Austratlia.....? With a reluctant/uncooperative joint owner? Forget it.

Can the trtip be postponded till your relationship and finances are sorted out? By far the best option unless you are prepared tpwriteoff whatever £ you have tied upin the property.

And even then it's not just the money - it's the financial link that needs to be broken.

sidneyvic

Best thing is to get your problems sorted here before running away to Australia.
Or if you really have to go, leave him in the house until or if you ever come back and forget about it.
He is never going to pay you rent on your half on top of the mortgage, that is just nonsense.
If he continues paying the mortgage and prices continue to rise, think yourself lucky.

Scotbot

user1977 said:

Ian815 said:

I want to spend a couple of years working in Australia, but would have to leave in September to take advantage of the new scheme.

Do you mean you need to get your hands on your equity before you can afford to go to Australia, or is this just a preference to have things tidied up before you leave?

If the house isn't sold he still needs to pay his share of the mortgage and bills as well as accommodation in Australia 

Ms_Chocaholic

Are you in a fixed rate deal on your mortgage? If so, would it be wise to wait till that ends anyway.

canaldumidi

Ms_Chocaholic said:

Are you in a fixed rate deal on your mortgage? If so, would it be wise to wait till that ends anyway.

Not necessarily. Depends on the maths. And the circumstances. Paying an Early Redemption penalty could well be worth doing if it gets the house sold, the cash released, the relationship wound up and possibly even the move to Australia sorted.