Mortgage advice - buying ex out

[Anonymously890]

I’m hoping for some advice about buying out my ex from our property. The current situation is: I’m living in a rental with our child, and he’s still in the family home.

I’m just slightly short on the mortgage amount to be able to take it on myself, but there’s still a decent amount of equity in the house. My question is – can I use some of that equity to help cover the mortgage shortfall when buying him out?

Ideally, I’d like to put myself in a position where the house is legally mine to sell if I choose to, rather than waiting around for him to decide what he wants to do.

Any guidance or shared experiences would be really appreciated!

Thanks in advance.

How do you think that would work? Presumably he's entitled to a portion of the current equity. In order to buy him out you have to remortgage to cover the remainder owed to the bank, plus his share of the equity. The only way to use your share of the equity would be to sell the house.