Avoiding getting shafted but still being fair.

[daffidoodledandy]

Looking for opinions on a fair split of house-selling proceeds.

Partner and I have reached the end of a hard relationship. We bought the house jointly about 7 years ago, just under £250k. Partner put down £90k deposit from his previous house, I was a first time buyer. He chose not to ring-fence his deposit.

The mortgage was calculated on my salary only because his wages were/are irregular. I paid moving costs, fixed his old boiler and simple redecoration on the old house to get it ready for sale, and bought new appliances for the new house. Over the years, I've also replaced the windows, had a new boiler, gas line and heating put in, and bought a new oven and washing machine.

On average, I pay £1000 into the joint account each month, though that sometimes goes up to £1500. He is meant to pay £400, but sometimes misses a month. In 2017, he didn't pay anything for the year when he was struggling with mental illness.

We don't have children. Not married. The house is estimated to be worth around £390k now.

How can we work out the best/ fairest way to split the money when we sell the house?

The op has chosen to subsidise his living costs. So that money is long gone and perhaps a lesson to the op for the future.

He chose not to protect his deposit so that money is long gone and perhaps a lesson for him for the future.

If you split it 50/50 he will still get £25k more than he put in and has lived for under £100 pw subsidied by you.
50/50 is fair.

50/50 no question. You've easily contributed your half since the purchase. He put most of his contribution in at the start. That means you jointly earned the current equity.

I’d go for 50/50, as long as it’s drawn up legally and kept out of court. A couple I know dragged everything out in court for so long that their was only £30k left each. Bear in mind that they had a house with no mortgage worth £550k! Neither of them would let it go, it was ridiculous. You may end up losing a couple of thousand, you may end up gaining. Who knows exactly but don’t end up like that.