M
mum
Guest
new to this so I hope this is the right place for my question
My ex partner and I bought a house in 2005 I had previously owned a house in my own name which was sold.
Here is the details of the sale at the time
house price 287000
mortgage 260200
the following were paid from the proceeds of the sale of my house
deposit 26800
ex partners credit union loan 6000
my credit union loan 11000
stamp duty 16000
ex-partners car loan 16000 - the car was a family car which i still have
flooring painting and furniture for new house 5000
solicitors fees -
my expartner has said in the last few days that he is in contact with a solicitor and has been informed by them that it will cost me 40000 to buy him out
This is the current situation average house prices in the area are 300000 I have not had a valuation yet neither has he .
the current mortgage is 240000
my ex partner moved out 20 months ago and hasn't paid his half of the mortgage since . The total payments in that time have been paid by me at a cost of 25000. Previous to moving out my ex was unemployed for 18 months and paid the cable bill of 50 a month and approx 80 a month on each of esb and heating bill during that time.
we also had a mobile home worth approx 10000 which my ex has and i have no access to . He has replaced the old home with a new version on the site we had together . He simply removed it without telling me . He was able to do this as he received two lump sums for insurance claims although he has never paid maintenance for the children.
We have 3 children and this is their home. currently the max morgage I can get approved for is 242000 but that is only if the current credit union loan i have of 24000 is paid off first which has 3 years left on it . The credit union loan was used to purchase the caravan and for home improvements.
I am so worried that my children are going to lose their home what are my options and is he really entitled to half of the equity and the mobile home ?
I would be grateful for any advice I haven't seen a solicitor yet but will contact one on Monday .
My ex partner and I bought a house in 2005 I had previously owned a house in my own name which was sold.
Here is the details of the sale at the time
house price 287000
mortgage 260200
the following were paid from the proceeds of the sale of my house
deposit 26800
ex partners credit union loan 6000
my credit union loan 11000
stamp duty 16000
ex-partners car loan 16000 - the car was a family car which i still have
flooring painting and furniture for new house 5000
solicitors fees -
my expartner has said in the last few days that he is in contact with a solicitor and has been informed by them that it will cost me 40000 to buy him out
This is the current situation average house prices in the area are 300000 I have not had a valuation yet neither has he .
the current mortgage is 240000
my ex partner moved out 20 months ago and hasn't paid his half of the mortgage since . The total payments in that time have been paid by me at a cost of 25000. Previous to moving out my ex was unemployed for 18 months and paid the cable bill of 50 a month and approx 80 a month on each of esb and heating bill during that time.
we also had a mobile home worth approx 10000 which my ex has and i have no access to . He has replaced the old home with a new version on the site we had together . He simply removed it without telling me . He was able to do this as he received two lump sums for insurance claims although he has never paid maintenance for the children.
We have 3 children and this is their home. currently the max morgage I can get approved for is 242000 but that is only if the current credit union loan i have of 24000 is paid off first which has 3 years left on it . The credit union loan was used to purchase the caravan and for home improvements.
I am so worried that my children are going to lose their home what are my options and is he really entitled to half of the equity and the mobile home ?
I would be grateful for any advice I haven't seen a solicitor yet but will contact one on Monday .