Help

[Gkate]

Me and my boys dad have been separated 8 yrs. he pays maintenance and sees them. We still have a mortage together of which I agreed to pay when he left, we have had the mortage 17yrs of which 8yrs I’ve paid alone. My ex says he wants nothing from the house as it for the children. I’m in a new relationship and he’s refusing to come off the mortage, my new partner wants to spend £40,000 renovating the house which my ex is happy for him to do but I’m scared he will screw me over. What can I do I can’t sleep worrying

Get a divorce to start with !

Get a divorce and clean break settlement

This is a situation where you are giving control to your ex. You have a say and you can sort this out. Whether he likes it or not. The end point of this saga is not what your ex said or says. It is what you do.

You don’t state if you are married. In any case your ex is legally entitled to a % of the house. An entitlement he can claim at any point. You current partner is an idiot to invest in a property he has no claim over. Although he too can make a claim further down the line against your property. Their financial position might become dire and they might need their share of the house.

You need to go and see a solicitor. Then you can find out legal routes to protect your investment and your children’s investment. Then do it and forget about what these two want to do with their investment.

Just remember his ownership of the property won’t change because you pay the mortgage. He will still own 50%.

Get a divorce, as I assume you’re married, and put it all in the hands of a family solicitor.

Thanks. No I wasn’t married. Me and my new partner have been together 3 years my ex is just making it difficult and refusing anything

Well if not married you need to buy him out (he’s due 50% if you own as joint tenants) and get him off the mortgage !

see a solicitor!

What can he refuse? You give him his share and if he wants to put that in trust for his children he can. It’s up to you to act and to remove the financial tie. Otherwise legally he will own half the house for ever.

If he dies that will pass to whoever he leaves it to. If he gets in debt it an asset his creditors will come after. If he gets married it is an asset he will own with his new wife.