not sure if legal or money -
own a buy to let with my exP, currently going thru court for financial sepration (now have agreement to sell it hooray!) in the meantime, . have realised v belatedly that he is pocketing one third of rental income (three tenants jointly liable but each paying individual shares - two paing into a joint rental/mortgage account, one paying directly to him).
the total rent is 1731 (3 x 577)
mortgage interest is 835
so profit/net income is 896
divided by two that means each of us should claim net income of 448 to HMRC.
so if he pocketing 577 per month i would be right to ask for him to pay meback frothwith 577 minus his nominal income of 448 - ???
so he should be paying me directly back 129 for each month he has been pocketing the 577? its been 8 months (yes i know how could i have not noticed?) which is 1032 to date.
the other two tenants' rental goes into a joint account which is kept for paying rental in and mortgages out. because one third rent has been missing the mortgage was not paid in March (account over the overdraft limit )
and i had to pay out of my private account a cheque for the mortgage. so him pocketing directly one third of rent is having negative impact on a) the joint account which was tacitly agred as place for rental money to all go in and mortgage to go out and b) on my individual private account.
so i should be asking him to pay me back immediately the 835?
or just half the 835? or to pay back the joint account?
(this isnt taking into account other expenses, lack of child maintenance etcetc)