Partner Leaving Joint Home

[madbadandsad]

My girlfriend of 7 years decided to leave me yesterday.
In April 2005 we purchased our first home together.
I put up the deposit and other fees at approx �3k.
She has contributed to the mortgage and bills however at a lesser amount than my self.
Monthly bills including a �585pm mortgage are �900 she contributes �400 and I pay �600.

We have a joint loan for her car which costs �150pm with 24 months remaining which I also contribute �50pm towards, the total outstanding on it is approx �3500.

We should have approx �10k in equity in the property judging from prices of identical properties on our estate.

My questions are:-
How would i get her removed from the mortgage and property deeds?
How Much Approximately Would The Above Cost?
How much should i be paying her?
And what should i do about the car loan?

My thoughts on the subject were that it would be fair to give her approx 40% of the equity which is �4k.

If i were to clear her car loan at �3500 + the �600 i have already contributed to this loan would that be a fair settlement? Obviously leaving her with the car.

Providing that she agrees to the above should I encounter any problems?
Should she pay half to this process?

There should be no disagreement about furniture and household posessions as it all came from my old home.

Any advice would be greatly appreciated!

Regards J

[PrinceRainie]

I would strongly recommend you post this in the legal section,
However my limited experience of such cases would suggest that your offer is a very fair one on the basis that you have contributed more over the last 7 years.
On the subject fo the mortgage and house deeds......firstly the deeds will be held by your mortgage lender so that is not an issue.....with regard to the mortgage, so long as your income/credit worthyness is sufficient to support the mortgage in your own name, then you should have no problems at all. As far as cost is concerned...there will be some administration costs with the mortgage company and possibly some legal ones too...i would set a couple of hundres piunsa to one side....but also factor this in to the settlement to your ex.......y should u have to pay for it all!!!!!!

I hope this helps a little....and bye the way...sorry to hear about the split

[madbadandsad]

thanks for the advise. and the sympathy.
John