Help 2 buy, separation, morgage advice

laursi090_2

Hello
I was hoping to get some advice (I'm also looking for a financial advisor elsewhere)

Me and my partner (not married) have been together for 7 years, things have come to a head and ultimately i want to separate. 

Financially we have a morgage together all else is separate. 

Our house was bought with a help to buy equity loan when repayments start in 2 years. 

I  have two teenagers so would ideally like to take on the house/ morgage (I can afford it) 

Things I'm worried about is the equity loan, has any one ever gone though a similar situation ? 

Also when we bought the house, his deposit was significantly lower then my contribution 80/20% but we are tenants in common. Would he have the right to demand a lot of money from me if the house price has gone up significantly? 


Thanks for your thoughts 

Emmia

How have you been splitting the mortgage payments, and has the property risen in value in the time you've owned it?

Can you afford the mortgage at the current higher rates?

Ibits4321

Did you get a trust deed when you bought? I don't understand why solicitors don't automatically advise this when couples aren't married and one party puts in more money than the other. I wish this was considered negligence 

chanz4

Ibits4321 said:

Did you get a trust deed when you bought? I don't understand why solicitors don't automatically advise this when couples aren't married and one party puts in more money than the other. I wish this was considered negligence 

but people are adults, and can decide if they need it sometimes we have to take responsability