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They have been together for three years and lived together for two years, the first 18 months in a house owned by his wife but for the last six months, since getting married, in a new house which they now own jointly. The house is worth in the region of £175K and they have an outstanding mortgage of about £140K.There are no children involved
The difference, which formed a deposit on their new house was given to them by my wife and myself as a a wedding gift. Any profit from the sale of his wife's house, although I believe it would have been minimal, would have contributed to solicitors and estate agent fees in respect of the sale of her house