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AIBU?

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to be panicking about house prices?

4 replies

ShambalaHambala · 02/05/2020 14:06

Me and my ex split up a year ago due to domestic abuse. He has no contact with DS which was ordered by CAFCASS. All communications have been done via his solicitor. He still lives in the house which we own together. We are tenants in common so both own 100% of the property. He's only offering me the money that I have paid in to the property. Solicitor said I need to have the property valued and I am entitled to 50% regardless of the fact I haven't been paying in. Something to do with me paying to live elsewhere and having to pay rent. Anyway, I've been pushing for him to have the house valued since the beginning of the year. He hasn't and his solicitor has not responded to me. I'm terrified now that house values will drop horrendously post Covid and he will absolutely love this and end up paying me a pittance. What do you think my best option is here?

OP posts:
Porridgeoat · 02/05/2020 14:10

You could always sit tight and wait it out till house prices bounce back. Are you wanting the cash so you can buy a house yourself?

ShambalaHambala · 02/05/2020 14:13

@porridgeoat I'm not sure I can do this and refuse to accept an offer in order to drag the process out? He will end up taking me to court. I want to buy my own place but can't see it happening for at least 18 months due to finances etc

OP posts:
Scarydinosaurs · 02/05/2020 14:16

Even if he offers you a pittance- you’re buying and selling in the same market so it won’t make too much difference.

I don’t think prices will drop that much. I’m not sure what your next step needs to be, but I wish you good luck with it.

thequeenbeyondthewall · 02/05/2020 14:24

Get rid of the house. If he stopped paying the mortgage you'd be liable for the full amount. If it's not paid you both end up with a bad credit score.

I walked away from a house I bought with my ex and he blackmailed me over the profit in it. I am just glad I have the clean break and nothing he can hold over me.

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