Hi Clare, sorry about the delay getting back to you.
The house is worth about £400.00. We currently have an interest only mortgage. I have contacted the mortgage company to ask for a redemption statement, so that I can assess how much is outstanding.
I can confirm that we are not married to each other.
I am not sure on the outstanding amount. The house has been increasing in value so possibly £200,000. The house is approximately £400,000.00, not £400.00.
There are no other joint asssets.
I am not sure if I could buy him out. I had thought about it but this is quite a large property.
I think I would prefer to sell the property and at some point enter into a shared ownership 2 bed flat for me and my son. As a key worker I should be able to get a property. I have been to a shared ownership exhibition with my son to get information on this.
Thank you for all your advice. I have contacted our local mediation service and have booked an appointment for both of us. My partner has agreed to attend this appointment.
its good to know I am going about this separation the right way