Legal Question in Civil Litigation in United Kingdom
selling property out to ex
bought a house for 245000 took out a mortgage of 130000 boyfriend invested 140000 got my family to do work at a discount price paid about 5000 in mortgage repayments in the last 9 months
what im a able to recieve back legally as i have to start over again
Asked on 8/17/07, 11:50 am
1 Answer from Attorneys
Andrew Dutton
Legal -Zone
Re: selling property out to ex
Hi
On the presumption that you own this house equally with your boyfriend then your entitlement will be a 50% of the equity in the property. You will only be entitled to differing shares if this was the agreed beforehand in consideration of the one equal contributions to the acquisition of the property.
Andrew Dutton
www.legal-zone.co.uk
Answered on 8/25/07, 2:44 pm
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