The house is valued at £197,217
outstanding amount is £147,103.
I last paid the mortgage in November 2014 stepson pays it now.
We have lived together for about 5 years. We rented for about 4 years before buying the house in March 2014.
We dont have any joint bank accounts or any savings and we have both have about £10k in credit cards debts. I earn £30k a year and she earns about £20k.Stepson earns about £30k.
Halifax needed a deposit of £17,700.
Her dad paid £6500, My Dad paid £3k. towards deposit. I paid remaining and legal fees...havnt got exact figures yet,
Because her credit rating is bad due to consolidation loans, so the mortgage company would not consider her, so i went into the mortgage with my stepson, who lives at the address.
Not sure...Her credit rating will still be bad. I think she wants the house in her son's name and she gets added to the deeds.
not sure I will ask..do you have any thoughts about my position so far or im happy to answer more questions If you need more info.
Ok I assume you are suggesting I should not have any claim to any equity? I put down about £15k in deposit and fees and her mum put down about the same.Is it reasonable to ask for the £15k back, do you think?
I found the TR1 document and the declaration of trust is not ticked.
How does that leave me please?
We didn't agree anything at the time.
where do you think I should go from here please? I told here today that I'm in contact with a solicitor...so I think she will now do the same.I have also told her that I (and my Dad) put in £16k towards deposit and costs.