{"id":25443,"date":"2016-09-08T13:00:13","date_gmt":"2016-09-08T06:00:13","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/we-are-splitting-up-what-should-we-do-about-the-house\/"},"modified":"2016-09-08T13:06:16","modified_gmt":"2016-09-08T06:06:16","slug":"we-are-splitting-up-what-should-we-do-about-the-house","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/we-are-splitting-up-what-should-we-do-about-the-house\/","title":{"rendered":"We are splitting up, what should we do about the house?"},"content":{"rendered":"


\nHow do I calculate how much it would cost to buy my partner out and who should pay ongoing housing costs such as insurance and repairs?Q My partner and I are splitting up and we need to decide what happens about the house where I\u2019m currently living. We are each paying half the mortgage but since January, I I have been paying for home insurance, repairs and other property-related costs. We bought the property for \u00a3235,000 and it\u2019s now worth about \u00a3250,000. The outstanding mortgage is approximately \u00a3196,000 and we are tied into a two-year deal which expires in March 2016 and therefore have an early repayment charge of \u00a36,000. How do I calculate how much it would cost to buy my partner out of the property? Who should pay ongoing housing costs such as home insurance and repairs until we\u2019ve sorted out what should happen? Can the early repayment charge be taken into account? Do I have to appoint a solicitor or can I just agree terms with my partner? Continue reading…
\n
\nSource : theguardian.com
\nRead more…We are splitting up, what should we do about the house?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

How do I calculate how much it would cost to buy my partner out and...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-25443","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-6Cn","jetpack-related-posts":[{"id":115324,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-applications-to-buy-a-home-plummet-24-annually-as-coronavirus-slams-spring-housing\/","url_meta":{"origin":25443,"position":0},"title":"Mortgage applications to buy a home plummet 24% annually as coronavirus slams spring housing","date":"April 1, 2020","format":false,"excerpt":"\r The coronavirus appears to be splitting the mortgage market as more borrowers rush to refinance to save money on monthly payments and potential homebuyers back away fast.\r \r Source : cnbc.com\r Read more...Mortgage applications to buy a home plummet 24% annually as coronavirus slams spring housing","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":92604,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lower-hdb-insurance-premiums-by-july\/","url_meta":{"origin":25443,"position":1},"title":"Lower HDB insurance premiums by July","date":"June 27, 2018","format":false,"excerpt":"\r Singaporeans who use their CPF savings to repay their mortgage loans from HDB will soon enjoy savings when paying their insurance premiums under the Home Protection Scheme.\u00a0 The Central Provident Fund (CPF) board announced on Tuesday (26 June) that Singaporeans who use their CPF savings to repay their mortgage\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114796,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/my-partner-is-moving-in-and-were-planning-to-share-our-mortgage\/","url_meta":{"origin":25443,"position":2},"title":"My partner is moving in and we're planning to share our mortgage","date":"March 9, 2020","format":false,"excerpt":"\r I\u2019m also wondering how to make sure my children are going to be OK if I should dieQ My partner is about to move in with me and is contributing \u00a310,000 from the sale of his flat. 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