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Question about buying someone out of a property

4 replies

Dhama · 09/01/2024 14:33

Just that really,my ex is looking to buy me out of the ex marital home in the next few months - I need to know how long it will take so I know when to start looking at properties myself

thanks to anyone that can help

OP posts:
DrunkenElephant · 09/01/2024 14:42

Have you got a solicitor? You will need to sign a form to take you off the deeds.

How is he raising the cash to buy you out? Re-mortgage? Loan? Savings? Depending which it is will depend on how long it will take.

Dhama · 09/01/2024 15:02

He will have additional cash but will also need to remortgage I believe.

I have a divorce solicitor but will use someone else for the house I think

OP posts:
imho99 · 09/01/2024 17:52

If he’s remortgaging, anywhere from 1-4 months. Depending on which lender. Possibly the quicker end of that at the moment as the housing market is slow and lenders / solicitors not so busy.

Dhama · 09/01/2024 17:59

ahh That’s good to know, thank you

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