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Removing A Reluctant Ex Partner Off The Deeds
my sisters 25 year interst only mortgage is coming to end soon.she has to repay 25,000. she purchased the property with an ex partner who was only around for 2 years and who has since made no contribution to the repayments. she obviously wants him off the deeds but he seems reluctant to do , just wondered what her options are thanks richard
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No best answer has yet been selected by richieffc. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.BS is right. The starting point in law (in England & Wales at least) for this is that the property ownership is shared 50:50.
It then be possible to determine a different percentage, either by negotiation or through the courts. Either way she needs legal advice pronto, and definitely before she pays off the loan.
It then be possible to determine a different percentage, either by negotiation or through the courts. Either way she needs legal advice pronto, and definitely before she pays off the loan.
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