Thanks for your prompt response Caroline. I don't want to force a sale as that goes against my family principles. What I would prefer to do is ask my ex partner to agree to sell the property when our youngest child reaches 18. Is this reasonable according to the relevant law(s)? Also, how would I go about getting this formalised in the eyes of the law as I want to move on and don't want this uncertainty hanging over me.
Maintenance is generous and working its just the property sale we need to sort out.
Spoke with my ex this weekend about your feedback. She has said that she doesn't want to now talk about the family home as its upsetting her. I said I understand but we both need closure otherwise it will be like a ticking time bomb going off in the future.
I have got myself a small flat, with a massive mortgauge as all my cash is tied in to the property my ex lives in. If she refuses to talk about selling the property in the future ie in 6 years time where does that leave me? Deed of trust says I own 70% and ex owns 30% which is with land registry. Minimum mortgauge outstanding. I just want confirmation from my ex that when our youngest reaches 18, property is sold and split accordingly as agreed. I will always put a roof over my kids head as im hands on. Ive being paying mortgauge for 3 years so far and yet don't live there. Ok to do another 6 years so that takes my daughter to 18 but no more as I feel its taking the biscuit! My ex says she wants to just stay there. I said that if I had the money she could have the house but I don't and wont. Everything else in terms of monthly payments are working and we are both good parents but I want to know that closure is agreed before my ex meets anyone elese and even moves them in but not at my expense. What do you think?
Deed of Trust for the property where my ex girlfriend lives with our two kids (now 13 & 12) is all legalised and attached to the Land Registry so all good with that.
However, this states that the split when the property is sold is 70/30 in my favour but it doesn't say how we go about selling the property. I still want to explore putting some kind of agreement in places of how this sale will be done eg on the 11/12/2021 (when my youngest is 18) the property is sold and split in accordance with Deed of Trust.
What options do I have ideally that are law abiding eg could I link in some kind of variation to the existing Deed of Trust?
My worry is that my ex girlfriend wont move out, ever! I also worry that if the law or environment changes eg BREXIT, more protection for my ex then I would lose out because I have taken sufficient steps to protect myself. How do I make myself as protected can be? I have worked very hard to protect my kids and I have started seeing someone after 3.5 years which might not go down well with my ex. Another risk!