HOUSE VALUE--£200,OOO MORTGAGE---£155,000
NO OTHER ASSETS DEBTS--APPROX---£15000
INCOME SON £47500 pa
HER £42500 pa
yes he can--she knows he can . settlement figures mentioned no amount agreed yet.
she is being nasty because a settlement has not been agreed on other debts. yet.
CAN SHE PUT THE HOUSE UP FOR SALE WITHOUT MY SONS CONSENT/AGREEMENT. ALSO IS THE 16YEAROLD CHILDS WELFARE COME INTO IT . IE UNTIL HE IS 18YEARS OF AGE???
Thank Clare--If NO court order -and house not sold until youngest child is 18
House still in joint ownership for the two years ie16to 18. WHAT IS THE SITUATION REGARDING THE MORTGAGE PAYMENTS. THAT IS , WILL IT STILL BE PAYMENTS 50/50 BY BOTH PARTIES
no it,s recently been changed(jan2014) to REPAYMENTMORTGAGE
Can i thank you for all the useful information you sent .Ut puts my Son in a much clearer picture of the situation. And even more important it has given him "peace of mind"
Hi Clare, can you verify my sons position on pensions .He has a private and company pension. She is a Teacher and has a teachers pension. Do they come into or not .My son has had his private pension going since he was 18. she has had her pension going for 5 yrs. but will get more return at Selected Retirement age.