ChatterBank29 mins ago
Deeds
My ex partner and I bought a house together over 2 years ago on the intention of doing it up ready for when the baby came, I lived in the house and have been doing all the renovating, I have also paid every bill and every mortgage payment along with every payment on the joint loan we took out, basicly, she has paid nothing, the baby was born and house still not finished now she has has left me for someone else, the problem is that I want to get her name off the house, due to financial difficulties with all these payments I went behind on my credit card to the point they are now trying to get bankruptcy on me for �2.5k. my ex now wants 50% of any net equity of the house, My original intention was to remortgage the house for a higher value than existing mortgage, pay off the Credit card and joint loan and have the deeds then signed over to myself, was pretty straight forward idea at the time, but because she wants 50% of net equity, under merits of the Children Act, I cant afford to do either, where do I stand on
a) she has never made any payments.
b) she has never lived here
c) both names are on deeds and I want her off them
a) she has never made any payments.
b) she has never lived here
c) both names are on deeds and I want her off them
Answers
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For more on marking an answer as the "Best Answer", please visit our FAQ.She is entitled to half the equity unless it is stated on the deeds that the house is owned other then jointly.
You can't just take her name off the deeds if her name is also on the mortgage - the mortgage company would have to consent.
If she refuses to have her name removed from the deeds without her share of the equity, you are going to have a long and difficult fight.
You can't just take her name off the deeds if her name is also on the mortgage - the mortgage company would have to consent.
If she refuses to have her name removed from the deeds without her share of the equity, you are going to have a long and difficult fight.