What is a fair value for my ex?

[Therealone]

Hi

I am currently discussing with my ex partner (never married) about what would constitute a fair buy out of their share of a jointly owned property (tennants in common.)

When we bought the property we bought 60:40 and all fees were split 60:40 as well.

The 60:40 split was on the basis that I paid a 20% deposit and then had a joint mortgage on the remaining 80% (so 40% each.)

They moved out a few months after we bought ago the flat and I have paid the entirety of the mortgage and bills since then.

My partner is asking for their fees back (stamp duty, conveyancing etc,) and I am wondering is there any legal basis on which they can claim them? We had a verbal agreement at the time that the money was intended for the fees, but nothing written down.

I think that things are about to get a bit challenging and was wondering if there is anything else that I should watch out for?**

Thanks!

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[Law Student 7]

Hello, thank you for reaching out to our service. I understand this is difficult for you and will try my best to assist you. During the drafting was there a cohabitation agreement drafted as well? In addition is there any agreements that were written down or were they all verbal?

[MIKE770]

As found through circumstances and eventual agreement 50/50 = No arguments then, no bad feelings and no more extra fee nonsense with solicitors etc common sense, any arguments and greed then cost rise and only winner is solicitors. I paid all the bills except they made one payment, it made no difference to outcome. Of course he is trying to be clever but 50/50 is the only fair way,