My brother is recently divorced, following 18 years of marriage, two kids and one family home.
As part of his divorce settlement, he agreed a monthly sum to pay for the kids, plus a lump sum once the house sells. He is currently paying half the mortgage on the property in addition to his maintenance payments.
The house has now been on the market for over a year. Today he phoned the estate agent who is selling the house, to ask for an update, only to be told that they were not prepared to talk to him, only his ex wife.
Is this allowed? He is still the legal owner of the house and also he is also paying half the mortgage?
In addition to this, is there a 'shelf life' on the financial settlement? As whilst he is paying the mortgage, he not benefitting from any additional equity that might be accrued, as he agreed the lump sum?
It was not his decision to leave the marriage and his ex wife has a new partner who is now living with her in the family home.
What do you guys think?
Thank you.