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how to sort money when separating

4 replies

bubblebumblebee · 01/04/2018 18:49

My and my other half split up over 3 years ago but we have still been living in the house we own with a joint mortgage, for the sake of the kids/financial reasons. Now he is ready to leave which is long overdue. We bought our first house together when our 18 year old was born, I sold my flat and put down 50% deposit (30,000) on our first house and in the last 10 years my parents gave me some money for a big extension on the house. At the time i never wanted a joint mortgage but more a proportionate agreement to reflect the 50% I paid outright towards the house, but he verbally said that if we split up he wouldn't screw me over. Now I have come into inheritance and he wants me to buy him out and give him half the value of the house. I do not agree that he should have half, as I feel a substantial amount has been invested in the property by myself and my late parents. Plus my children will still live here and need a bedroom until they graduate which is another 5 years. When he leaves I have no idea how much he will actually give me to support them! Does anyone have any thoughts or advice please?

OP posts:
f83mx · 01/04/2018 18:58

Do you have anything in writing that you put in more to the house on purchase? So you effectively bought 50% outright, then split the other 50% so you 'own' 75% plus the renovation sums? What is he saying he wants - full half? has he forgotten about the not screwing you over part?

NotTheFordType · 01/04/2018 19:01

You need proper legal advice. If you're not married and your earnings are similar then I'd expect a 50/50 split.
Has he been paying maintenance since the split?

plastix · 01/04/2018 19:16

Following

Jon66 · 01/04/2018 19:19

If that was said then hold him to it. It's evidence as to intention.

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