Property News · December 5, 2012

How can I buy my partner out of our shared property?


Q My partner and I split up a year ago. We jointly own a house worth about £400,000 with an interest-only mortgage of £242,000. My ex paid half the mortgage until the rate doubled after our cheap rate finished, so since August I have paid it on my own.We have a 4½-year-old daughter who lives with me. Over the 4¼ years we have owned the house I supported my partner by paying for food, the car, holidays and our daughter. We paid the mortgage and other bills equally. On top of that I have put about £25,000 more into our joint account since we opened it (we have done a lot of work on the house, which I paid for, and he did a lot of the work himself). Continue reading…

Source : theguardian.com
Read more…How can I buy my partner out of our shared property?

You may also like...