ChatterBank2 mins ago
Legally Binding Contract
Myself and my partner bought a house together in October 2007, we both drew up and signed, in front of a witness a legally binding contract which set out what we were entitled to take out of the house in the event of our relationship breaking down, both financially and physical belongings from the house.
I put in �32,500 from the sale of my house, it stated in the contract that i would receive that amount plus half the furniture from the house as my partner made me sell or give all my stuff away when we moved as he wanted to buy all new stuff, which he did.
I unfortunately had some debt and to enable us to prchase this house the debts needed paying off, we had two choices either they were to be paid off with my sale proceeds or my partner pay them off, he decided to pay them off for me, but never stipulated verbally or in the contract that if we broke up he would want it back. In fact our financial advisor asked him this and he said he wouldnt expect it back.
The house though, title deeds and mortgage are in his sole name due to my debt.
He is saying now though that he wants that money back and i am not entitled to my full �32,500, he is saying that i am also not entitled to half the furniture either. We also agreed that we would share the sales proceeds of the house sale, which again he is denying me.
He is offering me an amount approx �17,000, which really wouldnt get me back on the property ladder as i have two teenage sons living with me., whereas the full amount to which i am entitled to would give me a headstart.
I just feel that i am being taken for a ride over this, can anyone tell me or advise me where i stand? I cannot afford a lawyer as i do work full time and obviously wouldnt get legal aid. So any advice would be welcomed...
I put in �32,500 from the sale of my house, it stated in the contract that i would receive that amount plus half the furniture from the house as my partner made me sell or give all my stuff away when we moved as he wanted to buy all new stuff, which he did.
I unfortunately had some debt and to enable us to prchase this house the debts needed paying off, we had two choices either they were to be paid off with my sale proceeds or my partner pay them off, he decided to pay them off for me, but never stipulated verbally or in the contract that if we broke up he would want it back. In fact our financial advisor asked him this and he said he wouldnt expect it back.
The house though, title deeds and mortgage are in his sole name due to my debt.
He is saying now though that he wants that money back and i am not entitled to my full �32,500, he is saying that i am also not entitled to half the furniture either. We also agreed that we would share the sales proceeds of the house sale, which again he is denying me.
He is offering me an amount approx �17,000, which really wouldnt get me back on the property ladder as i have two teenage sons living with me., whereas the full amount to which i am entitled to would give me a headstart.
I just feel that i am being taken for a ride over this, can anyone tell me or advise me where i stand? I cannot afford a lawyer as i do work full time and obviously wouldnt get legal aid. So any advice would be welcomed...
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For more on marking an answer as the "Best Answer", please visit our FAQ.There used to be a scheme in the UK where you could get legal advice from many solicitors for a small fixed fee. It was possibly called the Green Form scheme. Perhaps this doesn't operate any more but there are equivalents available. I think that you'd be well advised to get in touch with the Citizen's Advice service: https:/ /www.ci tizensa dvice.o rg.uk/ They can advise you how you could get free or low-cost legal advice in your area. IMHO, you certainly need it.