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What happens when a couple is not married but have a joint mortgage? Who is entitled to what? If one person moves out willingly do they lose rights?
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How long have you lived together?Originally posted by SophieG92 View PostCOMPLETING AN N180 DIRECTIONS QUESTIONNAIRE (SMALL CLAIMS TRACK) GUIDE
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[QUOTE=jaguarsuk;n1487144]
How long have you lived together?[/QUOTE
Around 2.5 yearsComment
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So in answer to your original question no, the person leaving the property doesn’t forfeit all their rights.
Yoi are joint mortgagees and therefore both own half the property, so would be entitled to half the equity as a starting point. Other factors such as who put the deposit down, what proportion of contribution each party has made to the repayments and all sorts of other things can adjust the percentage.
COMPLETING AN N180 DIRECTIONS QUESTIONNAIRE (SMALL CLAIMS TRACK) GUIDE
My posts here are based on my experience of a variety of life events. I have no formal legal training & if in doubt take professional legal advice or contact CAB. If you follow anything I write here you do so at your own risk & I accept no liability for any loss, costs or other outcomes.
Private messages are disabled as help is only offered publicly. I do not come on here in the evening, at weekends or on public holidays.Comment
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