Me and my ex mutually agreed to end our 14 year relationship. We have a child and a mortgage. We both have new partners, but currently still living together in our mortgaged property that we both own.
I have agreed to move out and rent somewhere for 12 months with my new partner, whilst he stays in our home and his new partner moves in. I personally would choose to just sell the house now, however he doesn’t want to at the moment and instead wants to live in the house with his new partner for 12 months, whilst saving as much money as possible in the mean time, then planning on buying the property off me. I’ve agreed to this because him buying the property off me will avoid £14k in mortgage early exit fees, plus I just want to get out the house now.
His new partner will cover my half of the mortgage, however I have insisted that the mortgage payments still come out of our joint bank account, with his new partner paying into the account each month, just to ensure mortgage payments are still coming from a bank account in my name.
I’m aware that after the 12 months, I still won’t be able to force him to sell the house if he doesn’t want to without incurring legal fees. However, is there any legal agreement/process I need to put in place before I move out, to ensure I still get 50% of the house sale, when it eventually happens?
I’m worried that by me moving out and letting him and his new partner pay the mortgage, I am throwing away some of my entitlement to the house sale somehow.