How much equity does my ex-partner have in my house?

My ex-partner paid a 10 per cent deposit, so our mortgage is £238,000. Given that the house has now been valued at £310,000, I presume I would have to give him his £26,000 back plus half of the equity made – £23,000.

Why does my ex partner own part of my house?

I see that you say that he hasn’t paid anything other than ‘housekeeping’ and that helps a lot; had your partner paid into renovations or the mortgage then that may have earned him a legal interest in the equity of the house. Simply paying housekeeping – his share of food and utility bills – does not give him a right to a share of the house.

Can you buy out your spouse’s home equity in a divorce?

It can be stressful to make living arrangements during a divorce, but If you want to keep your house, all you need to do is buy out your spouse’s home equity share. It’s best to do this if you know you can afford to pay your spouse a lump sum and if you’re able to qualify for a mortgage on your own.

Can a ex partner have a beneficial interest in a property?

Your ex-partner will be entitled to some of the equity in the property if his/her name is on the title deeds and the property is sold. If their name is not on the title deeds, they still might be able to able to make a legal argument to establish a beneficial interest in the property. The may be able to establish a beneficial interest if:

It can be stressful to make living arrangements during a divorce, but If you want to keep your house, all you need to do is buy out your spouse’s home equity share. It’s best to do this if you know you can afford to pay your spouse a lump sum and if you’re able to qualify for a mortgage on your own.

How is the equity in the marital home split?

Dividing the home equity in divorce can be handled many ways, depending on the individual circumstances of the parties involved. The following questions and answer can help you understand the various options that exist when dividing the true value available in your home when you divorce. How is the equity in the marital home split?

Can a ex partner force a property to be sold?

As for forcing a sale of the property, your ex-partner can do this but he will need to apply to the court for an order for sale. This will be expensive and may not result in achieving the best price. It would be much better to try and resolve the property’s future (and the split of equity) between yourselves.

How can I get my ex partner to sell my house?

As for forcing a sale of the property, your ex-partner can do this but he will need to apply to the court for an order for sale. This will be expensive and may not result in achieving the best price.