Relationship break up

hebridean

Many thanks to you all for your replies and I’ve sent my daughter a link to this thread.
I feel however since he’s not got the money to buy her out and isn’t willing to sell this could go on for ever. So it’s looking like my daughters only avenue is to get a lawyer on the case. Not ideal I know.

silvercar

Don’t diminish the fact that she has agreed to move out and has been paying rent elsewhere, so between them they have been covering the mortgage and the rent. I fear that by her moving out she has put herself on the back foot with him able to claim he’s been paying all the mortgage between 5 months ago and whenever the settle. By moving out it also means there is no urgency on him to reach agreement.

In order to remove her from deeds and mortgage, as well as give her her agreed share of the equity, he will need to find the money and demonstrate he can afford the mortgage. Maybe the wealthy parents will pay her the equity share and reduce the mortgage to a level the mortgage lender will be happy with. 

Schwarzwald

hebridean said:

My daughter and her boyfriend bought a flat in September 2021 in joint names and she was paying half the mortgage. They however split up about five months ago, with her leaving and the boyfriend making the monthly repayments as she couldn't afford to pay her new accommodation rent and the mortgage. The boyfriend wants to buy her out, but presently can't afford to do so and he's quoting a buyout figure of £5000 based on the "family surveyors" valuation (his parents are very wealthy) and what's been payed back to the mortgage.

I've done a bit of online digging and got three valuations one of which was from the estate agents they bought the property through. The estimates are 46000, 35000 and 25000 over what they paid in 2021, so you can see why I reckon he's trying to rip her off! She would take the £5000 from him tomorrow to get him out of her life, but I am convinced that she should be receiving at least three times what he's offering.

So I'd be grateful for any advice I could pass on to her on what she should do given what I've just outlined.

Many thanks

There’s no way people on this forum can opine on the situation if you hold back crucial info such as how the deposit was split?
the £5,000 in isolation is meaningless.

also, appreciate its your daughter, but your perspective on the matter is obv v biased, so is your language.

also, by moving out and forcing the full mortgage service entirely on him, your daughter might not have helped the situation. If this wasnt agreed, stopping her mortgage contribution … how was that “fair”?

all sounds a bit not v grown up tbh