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Relationships

Mumsnet has not checked the qualifications of anyone posting here. If you need help urgently or expert advice, please see our domestic violence webguide and/or relationships webguide. Many Mumsnetters experiencing domestic abuse have found this thread helpful: Listen up, everybody

Buying-out ex from our house - help please

29 replies

OhWesternWind · 17/02/2011 12:40

Hello - I've posted this in the Divorce/Separation topic but thought I might get some more replies here as it does seem very quiet on there.

Some of you might remember my previous threads and the advice I've got on here has really helped me through this difficult time. Ex left me and the two children three weeks ago now, out of the blue, after 17 years together. We were not married and own our house jointly.

He has said previously that he wants either to sell the house or for me to buy him out. Because of this I have had the house valued and the valuations have come in pretty low due to the current market. This is good news for me from a buying him out point of view as I will only have to pay him a couple of thousand.

My question is, can he refuse to let me buy him out? I don't want to co-own the property with him. I am worried though that he will try and hang on until the market picks up and he will therefore get more money from me and I won't be able to afford it.

What's the best way forward here?

Thanks for your help!

OP posts:
YouCantTeuchThis · 18/02/2011 16:33

AFAIK, he was paid both the payments he had made and what his split would have been had it been sold on that date.

This was done through solicitors. Friend got new mortgage in only her name at that time.

Sorry for thread hijack!!

stubbornhubby · 18/02/2011 16:40

yeah, but who owns the house? Did she actually buy his share off him? Is she on the land registry as the sole owner?

but if she did it through a solicitor she probably did it right...

YouCantTeuchThis · 18/02/2011 16:45

her name only on the deeds. I have no idea how his solicitor managed to scam that - apart from that friend was not in emotional state to argue financial stuff, and clearly agreed it at the time...

reluctanthomosapien · 18/02/2011 16:56

Deed of trust in the proceeds of sale, not a right in the property, but a right in a share of the the money from sale, probably

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