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Hello all,
I am looking for the best way to proceed with registering my beneficial interest in the property I shared with my EX partner. Unfortunately, due to the split I have found my self currently homeless, without any finances or car - I am looking on the most cost effective way of pursuing this. I am not eligible for Financial aid.
The details.
- Home was initially purchased in both of our names with a deposit from making a good amount on renovating our first home. 60k deposit. 50/50 shared ownership with no contract or agreement regarding who paid what etc. I am certain her family will argue they paid for lots of things to help with the renovation although this was never agreed to repay this stuff.
- We was together for 15 years, never married and not in a civil partnership 1 child and 1 dog.
- When we re mortgaged, we was unable to obtain a mortgage in both of our names that was a good APR. (Past debts) Mortgage advisor suggested that they can re-mortgage in Ex's name only. This meant options was (4% APR to keep with current lender... or 0.9% in EX's name) Hence this was a no brainer at the time of a financial saving of £350-400 a month.
- We was trying for a child at the time, and found out partner was pregnant.... hence no brainer of saving the extra money and never thought I would ever be split from her.
- I completed the transfer of equity forms and took my name off the mortgage... (face palm) - I never took any financial advice for this, and I will be completely honest... did not know it took away all of my equity.
- My wages always went into my partners bank account where the mortgage came from - we did not have a joint account. I have since stopped my wages going into her account so I am not paying anything towards the mortgage.
- The home has approximately 230-250k equity going off sold prices in the area.
- My ex would not be able to buy me out if she was to re mortgage on her salary only.
- My ex lives in the property with my young son.
When the EX decided we was splitting, she forced me out of the house on the pretence that the house belongs to her as she is the only one on the mortgage therefor I own nothing, and clearly said she is keeping the house and I am having nothing.
I left the home, and hit rock bottom..... currently trying to rebuild my life.
Since then, I have gathered all the evidence I have in regards to the home.
- All of my wage slips showing the money going into her bank account for the last 6 years.
- All of the emails for mortgages etc including Agreements in Principle that was declined for both of our names. Emails to the mortgage advisor who advised 'she cant get a good mortgage in both of our names but can in Ex Partners'
- Emails to solicitors stating that the transfer of equity is purely because EX can get a cheaper mortgage in her name only.
- Copy of the fact find from solicitors when transferring the equity with the reason purely stating the above.
I also have lots of invoices, quotes, pictures of renovations etc, everything in relating to both homes we owned etc.
The help I would like, is knowing a cost effective way to pursue this, or should it be a solicitor for every process.
From the information I have shared, do you think I have a beneficial interest in the property? Is it a clear cut case? Would a solicitor take this on without a upfront cost and work on a win only fee?
Thank you,
I am looking for the best way to proceed with registering my beneficial interest in the property I shared with my EX partner. Unfortunately, due to the split I have found my self currently homeless, without any finances or car - I am looking on the most cost effective way of pursuing this. I am not eligible for Financial aid.
The details.
- Home was initially purchased in both of our names with a deposit from making a good amount on renovating our first home. 60k deposit. 50/50 shared ownership with no contract or agreement regarding who paid what etc. I am certain her family will argue they paid for lots of things to help with the renovation although this was never agreed to repay this stuff.
- We was together for 15 years, never married and not in a civil partnership 1 child and 1 dog.
- When we re mortgaged, we was unable to obtain a mortgage in both of our names that was a good APR. (Past debts) Mortgage advisor suggested that they can re-mortgage in Ex's name only. This meant options was (4% APR to keep with current lender... or 0.9% in EX's name) Hence this was a no brainer at the time of a financial saving of £350-400 a month.
- We was trying for a child at the time, and found out partner was pregnant.... hence no brainer of saving the extra money and never thought I would ever be split from her.
- I completed the transfer of equity forms and took my name off the mortgage... (face palm) - I never took any financial advice for this, and I will be completely honest... did not know it took away all of my equity.
- My wages always went into my partners bank account where the mortgage came from - we did not have a joint account. I have since stopped my wages going into her account so I am not paying anything towards the mortgage.
- The home has approximately 230-250k equity going off sold prices in the area.
- My ex would not be able to buy me out if she was to re mortgage on her salary only.
- My ex lives in the property with my young son.
When the EX decided we was splitting, she forced me out of the house on the pretence that the house belongs to her as she is the only one on the mortgage therefor I own nothing, and clearly said she is keeping the house and I am having nothing.
I left the home, and hit rock bottom..... currently trying to rebuild my life.
Since then, I have gathered all the evidence I have in regards to the home.
- All of my wage slips showing the money going into her bank account for the last 6 years.
- All of the emails for mortgages etc including Agreements in Principle that was declined for both of our names. Emails to the mortgage advisor who advised 'she cant get a good mortgage in both of our names but can in Ex Partners'
- Emails to solicitors stating that the transfer of equity is purely because EX can get a cheaper mortgage in her name only.
- Copy of the fact find from solicitors when transferring the equity with the reason purely stating the above.
I also have lots of invoices, quotes, pictures of renovations etc, everything in relating to both homes we owned etc.
The help I would like, is knowing a cost effective way to pursue this, or should it be a solicitor for every process.
From the information I have shared, do you think I have a beneficial interest in the property? Is it a clear cut case? Would a solicitor take this on without a upfront cost and work on a win only fee?
Thank you,
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