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Kasare
Kasare, Solicitor
Category: Family Law
Satisfied Customers: 204
Experience:  Solicitor, 10 yrs plus experience in civil litigation, employment and family law
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My son lives with his girlfriend & there 2 years 8 month old

Customer Question

My son lives with his girlfriend & there 2 years 8 month old child. my son owns the house so does she have any legal right to any money. he pays the mortgage & all the outgoing bills she has never contributed any monies towards bills etc. she buys the shopping & that is all. she tells him it will cost him? if there is a rent book would she be classes a lodger. is she entitled to any of his assets. she has been married twice before & has had good settlements. she also has a property which her daughter lives in. my son has a further 2 other properties that he rents.
Submitted: 3 years ago.
Category: Family Law
Expert:  Clare replied 3 years ago.
Hi
Thank you for your question.
My name is Clare
I will do my best to help you but I need some further information first.
How much is the house worth and how much is outstanding on the mortgage?
What is the value of the assets they each have?
Clare
Customer: replied 3 years ago.

the house is worth £600,000 mortgage is approx. £220,000. I also have a declaration of trust on this property for £350,000 as I bought property with my son but mortgage & deeds were in his name. they do not have any assets together my son had this house before he meet her plus his other 2 properties. my sons assets after my trust is approx. £300,000. her asset house is worth approx. £60,000.00

Customer: replied 3 years ago.

Hi,


 


his house is worth approx. £600,000 mortgage outstanding is approx. £2220,000. we both bought house together before he meet her & I have a declaration of trust for £350,00. his assets are worth about £300,000.


her assets are approx £25,000 her mortgage is approx £40,000


 


my son had all 3 properties before he meet her.

Expert:  Clare replied 3 years ago.
Hi
How much does a cheaper two bedroom property in the area cost to buy?
Clare

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