How to buy him out

[lostandconfussed]

Long story short I live with a sulking prick, yes another one.
Been together 25 years. Not married. Have a house together and 3 adult children.

This week has been the icing on the cake. I've seen the light before , thanks to Mumsnet.

A) he didn't actually realised I have a nursing degree , just qualified, so did he think I play nurse dress up? That I had spent the last 3 years at college /uni. Did this whilst working full time - work apprenticeship , running a home and dealing with family crises.

B) birthday this week. No happy birthday. No card/present. Why break a habit of a life time 🤷🏻‍♀️
He then went into a sulk as I had lunch/spent the day with my mum.

C) he puts nothing into the relationship.

D) I pay for everything. Bills, food, Christmas, birthdays , I sort his business admin the list goes on

He's basically a fun police cockwomble. So how do I go about buying him out. The house isn't worth much due to him being a lazy twat , which I'm very embarrassed about.

I have a very good credit score. So do I get the polished turd ( house ) valued? Or is it half of what the mortgage he's actually paid?

I have savings.

Just trying to sort shit out. To some this may seem trivial but this has been my life. A loveless, sexless partnership. I give and get nothing in return.
I don't know where to start, but I already have photocopy of all bank statements, mortgage info etc etc

Need to add, even though this house is in really bad condition, needs everything replacing. I like it. Just not with him here.
It's close to my children/grandkids, work , shops
I won't be able to afford to buy round here even if we sold

I think it would be half the equity (market value of house - outstanding value of mortgage)?

Get a solicitor? I had to do this a long while ago. I think it was called a transfer of equity. We weren’t married. I had the house valued. We worked out the potential profit/equity and deducted the outstanding mortgage balance. I then divided that figure by two and that was what the ex accepted as payment get him out. I had to remortgage to borrow the extra to pay him off and to put the mortgage into my own name solely. Good luck OP getting rid of sulky cocklodgers can be a great move.

Sorry what I mean is market value minus mortgage debt then divide by two.

Sorry what I mean is market value minus mortgage debt then divide by two

This- it’s in your interest to get it valued as a shit tip as the lower the value the less you pay him. So do not polish it or spend a single penny on it before you’ve bought him out.

You could even put it on the market for just a bit (with no effort) and then if you get low offers you could argue that is the actual market value which would reduce the amount you have to hand over. Hope that makes sense.