How can I use my home equity to protect against a former boyfriend who was not married?
I bought a house in my name 5 years ago in which I and my pregnant girlfriend lived. We split shortly after the birth of my son (now 4), but continued to live at home. I have been paying the mortgage, bills, home renovation costs, furniture, etc. .. I have found a new partner and moved out of my house and my ex is allowed to rent it off me at the same rate as my mortgage payment. This lasted for 6 months terakhir.Sekarang I want to sell the property and demanded half. My lawyer has suggested that he may claim the property was purchased for the purpose of a family home and was able to get the right value mortgage setengah.Posisi have £ 51,000 – £ 70.000 Assessment LancarDia never paying a penny in the time he lived there and continually self-interest access to my child if I did not do what he says. He has attacked my current boyfriend twice and now he calls the analysis will not be a threat to my child, although my friend did not have a history of violent crimes such as former saya.Bagaimana I can equity in my house to protect or at least before it starts a legal procedure to remove, so there is nothing left for him to take? I had offered her money to the deposit and first month’s rent in a new house to pay and says he to keep the furniture, I just want to let my capital to buy a new house and put some in a trust fund for my son go. Do I have to drive out and refuse to sell? Remortgage and use the equity smoking? transfer of ownership of property? loans against the property? I really do not understand? Any suggestions would be greatly appreciated? Many thanks.
Related Posts
Other Posts:
- Fixed vs Tracker Rate Mortgages – Which Option Is Best?
- Remortgage Understanding
- Remortgage Deals Revolves On SVR
- Prune Mortgage Burden Through Bad Credit Remortgage UK
- How does a late credit card payment affect credit score
January 29th, 2011 at 4:55 pm
You have a lawyer – ask him!
January 29th, 2011 at 5:06 pm
“constantly withdraws access to my son when I don’t do what she says. She has assaulted my current girlfriend twice ”
You need to talk to a lawyer.
You really need to get her out of the house.
You (and your new girlfriend) need to press charges against her for assault, harrassment, etc.
Get DNA test to establish your paternity of the child and get legal access schedule.
January 29th, 2011 at 5:59 pm
Depends where you live – I live in Scotland and here after living with you for 6 weeks is classed as common law wife and has the same rights as if you were married. As she has lived in the house for a few years so there is nothing you can do unless you raise a court action to get the complete property but as your lawyer said she could be awarded the complete property especially as she has the child. If you try and evict her etc you will lose out in the end, the best thing you can do is talk calmly to her and explain that you cannot afford it and you will be raising a court action against her if she doesn’t agree to the purchase of the property and give you half of it which you are entitled to and vice versa, it doesn’t matter that she has not paid a penny to it. If she agrees to remortgage to give you half of the money it is valued at the original price and not the current price.
January 29th, 2011 at 6:09 pm
At this point it is too late to protect it if you even can. She has a legal claim to it, you were stupid not to protext it when you bought it better. Sorry.
I can’t say about where you live, but trying to make it so that ther is “nothing left to take” is illegal in the US and you would still be liable for half the original worth plus damages if you did that. It would cost you more.
January 29th, 2011 at 6:49 pm
I don’t know UK law from US law, but ….
I recommend you evict her, and take residency of the home yourself.
Good luck.
You need it!!
January 29th, 2011 at 6:58 pm
i wouldn’t sell it while your going through all this trouble with this woman because she sounds like she is out to get you. you could maybe sell it to a parent, or sibling, get it notarized and have it recorded through a title place. here in the us if your unmarried and bought the house and its in your name only its your house. if you trust your current partner act as if your selling it to her and then her name will be recorded on it. if the bank your financed with doesn’t allow you to do this you just make out a contract for deed do it with a real estate attorney and it should be legal. then you don’t record it if your lender would call in the loan. your ex is clearly hurt and in spite of the fact you split up with her she means you no good. if push comes to shove you can always say that the home was not purchased as a family home since you were basically living as roommates all that time. another way would be to pull out all the equity and put it into another home and then when its sold there won’t be a dime for her to get. I know of a family that pulled all their equity out of their home telling the lender they were using the equity to fix it up, but they instead used it to secure the down payment for a better home and when they got the other home they simply walked away from the old home leaving it for the lenders to deal with. dishonest i know.
April 7th, 2011 at 10:39 am
I am not going to tell fibs, you have bewildered me here – How can I use my home equity to protect against a former boyfriend who was not married?. I know that you intended well and you manifestly understand what you are speaking about, but I cant say that I get where you are coming from. An article a day keeps the commentaries flowing.