• Welcome to the LegalBeagles Consumer and Legal Forum.
    Please Register to get the most out of the forum. Registration is free and only needs a username and email address.
    REGISTER
    Please do not post your full name, reference numbers or any identifiable details on the forum.

No Financial agreement and 2 high value properties

Collapse
Loading...
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • No Financial agreement and 2 high value properties

    I divorced 13 years ago and own jointly with my ex 2 high value properties, for various reasons no financial agreement was finalized both with 50/ 50 beneficial interest
    My ex moved into one of the properties and has lived there for the past 13 years, I lived in the other for 2 years until I could no longer afford to pay the mortgage on both properties
    So I rented out the property I lived in and continued to pay the mortgage on both properties and I held on to the excess as I had to move into another smaller property to live in
    We are now selling the rental property and my ex is demanding that she is owed 50 % of the difference between rent and the 2 mortgage payments that I have paid for 13 years
    I have not asked for any allowance towards the rent of my 50% beneficial interest in the property she has lived in mortgage free for 13 years

    Where do I stand in this situation I am quite happy to split the sale proceeds 50/50 on both properties although In fairness I think I am entitled to more than 50 %

    Is the court likely to pick up FDR after 11 years
    Tags: None

  • #2
    MIKE770 des8 Can you kindly take a look and advise, many thanks.

    Comment


    • #3
      I remarried 10 years ago and now have a 10 years old daughter ( my only natural child) how does the remarriage trap fit into ths situation
      Last edited by ohitsonlyme; 10th November 2021, 05:25:AM. Reason: typo

      Comment


      • #4
        There's quite a bit info here - (only posted for info) - https://bevanevemy.co.uk/how-to-divi...-a-uk-divorce/

        Comment

        View our Terms and Conditions

        LegalBeagles Group uses cookies to enhance your browsing experience and to create a secure and effective website. By using this website, you are consenting to such use.To find out more and learn how to manage cookies please read our Cookie and Privacy Policy.

        If you would like to opt in, or out, of receiving news and marketing from LegalBeagles Group Ltd you can amend your settings at any time here.


        If you would like to cancel your registration please Contact Us. We will delete your user details on request, however, any previously posted user content will remain on the site with your username removed and 'Guest' inserted.
        Working...
        X