To think that DH has been treated unfairly financially by his parents?

[TravellingToad]

I'm struggling to get my head around something but have a feeling that it's unfair.

13 years ago DH and his sister bought a flat together. It was £120,000 and they didn't have any money. Their parents paid the deposit. DH and SIL paid the mortgage equally for 2 years. After 2 years SIL wanted to move out. DH wanted to stay but couldn't afford to buy out SIL.

The parents have SIL £60,000 on DHs behalf as her share of the flat. So that was 11 years ago. Yesterday DH sold the flat (for exact same as he paid which was £120,000)

His parents thinks he owes them £60,000 as they bought out his sister for him all those years ago. This seems unfair to me but I can't quite put my finger on why. I think it's because SIL didn't put any money into the purchase (neither of them did) but was gifted £60k after living there 2 years. DH serviced the mortgage for all that time, 13 years and has come away having to pay his parents £60k whereas SIL has that amount in her pocket. DH obviously has £60k in his pocket too from the other half of the flat but he paid into it for all those years so it's not really a bonus it's just what he put in. Sils £60k is pure profit

Can someone see clearly for me is this fair? Happy to pay it if it's fair. Their parents are extremely keen for both children to have been treated equally.

I suspect they are only doing this because they have already talked with SIL and got absolutely nowhere.

I still don't think it's been made clear who paid how much of the mortgage. When the parents gave sil 60k did she pocket all that cash or did she pay off her own separate mortgage, roughly £55k using earlier calculations. Did dh carry on with his same mortgage payments, or did he start paying double? Has he really paid off a £100k+ mortgage in 11yrs? Or has he just paid off his original £50k?

Alley, it's all in the thread.

The PIL gave the SIL £60K. She used it to buy another flat. It was not used to pay off her part of the mortgage. So, yes, the DH has paid off the entire loan of around £108K (£120K less £12K deposit) in 11 years.

My suspicion is that the PILs handed over the £60,000 simply because the brother "had" a flat and the sister didn't. It was a misguided attempt to even things out. And then later, when they started thinking "we'd really like our £60,000 back", they thought that the brother was in the better financial position and so he could provide it. I don't think they put in much effort at all to work out what the reality actually was.