can i shared house be sold

thefisherman021 | 12:58 Mon 07th Jun 2010 | Civil

25 Answers

my freind mother died about 9 months ago and left the house to three brothers,so one of the brothers borrows £15000 from a freind on the strenght of the house,now the freind wants his £15000 back as hes waited 7 months for it,but the eldest brother who has the paperwork for the house as said there not selling it yet as house prices are going up,but his younger brother is begging him to sell and wont,and the younger brother is needing his share out of the house to pay his freind back of and well hes now considering sighning over his share of the house to the guy he owes £15000 to,can he do this?or can the younger brother force his older one to sell up?

Wills - Has probate been granted?

Small Claims court question

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Nosha123

To Fisherman...

You state "as money lender wants his address now"

I thought the money lender was a mate who lent it to him out of the goodness of his heart.. how come he doesnt know where the young brother lives???

I wouldnt give anyone £15k without some kind of written agreement to repay it - and know where that person lives!!! WHat on earth was the money for??

Anyhow - aside from that - the older brother can buy out the younger one - but no process involving the house is going to be quick... as I said before.. he should never have borrowed it in the first place assuming that the house would result in hard cash to him quickly!

Very foolish - and it sounds like he will learn that the hard way!

thefisherman021

Question Author

brothers are skint to bud,money lender is going to do this now i think

Equitable charge so looks like big brother now going to get pissed of for taking the Fosters

thefisherman021

Question Author

he knows where younger brother lives as hes the mate,its older brother that lives about 50 miles from him in a village

money was for him he passed his test 2 days before and wanted a car and money to spend as never had nothing and well he got it,

dont think lender is bothered aslong as some effort is being done and shown,

he will learnt the hard way as it will get to court now i think as hes already mentioned it to him if he carnt do out he will deal,equitable charge against the house

cassa333

Get the one who is owed the money to put a charge on the house. Then when the house is sold he will get his money. (I would add a bit for interest as well)

Addy123

Umm, money lender?

So what was with all the "A friend lent it to him out of the goodness of his heart"?

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