Property News · June 26, 2014

My ex won't honour the declaration of trust we signed for our mortgage


We agreed to split any equity on the property equally, but my former partner turned nasty when I asked for my fair shareQ My and ex and I bought a house a year ago but unfortunately split up four months later. I moved out the house and continued to pay my share of the mortgage and council tax but we agreed that I wouldn’t pay any of the other bills as I wasn’t living there.I have spent many months trying to communicate with him about what to do with the property but he has been ignoring me for long periods of time. He eventually said that he would buy me out. He put down a deposit of £134,000, I put in £25,000 and we signed a declaration of trust to say that we would pay the mortgage equally. The declaration of trust also said that if we were to split then we would each get our deposits back and that we would split any equity made on the house equally. Continue reading…

Source : theguardian.com
Read more…My ex won’t honour the declaration of trust we signed for our mortgage

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