if my ex partner originally put down �10,000 deposit on our house, will interest be added to this when he buys me out. If so how much and at what rate over 6 years? Also he is claiming that I owe his mother money for helping us do up the house. At the time nothing was said about paying her. I understood it was done out of good will. Can he do this?
when he buys ne out......
the question makes more sense if it reads
when I buy him out
ONE but not the only way is, 10 000 was let us say for a house of forty thous - that is 25%
and now the house is 100 000, so his share is 25 000.
Most people cant argue with that, esp with the rise in prices over the last few years.