I'm a barrister, I think I can help with this.
Have you asked him to leave?
On what basis is he refusing? How much did he contribute? What for? And was there an agreement (written or verbal) as to what trights he would acquire on making the contribution?
Is he on the mortgage?
Hi, thank you for your question. Hopefully I will be able to assist, but some information is required before being able to provide you with appropriate information:
-Are you in England or Wales?
-Was there any intention that his contributions would be repaid or raise a share of the property?
-Are there any written agreements or deeds of trust?
Thank you for confirming. In the circumstances he has a right to seek a share of 50% of the equity - if this cannot be agreed directly between you he can seek an application to the county court.
In relation to him living in the property, he has no legal interest in the property and therefore you have the right to ask him to leave on reasonable notice.
I hope this assists you. If you found this information helpful please provide a positive rating using the stars at the top of this page. I will not be credited for your question without a positive rating. Thank you
If there is no equity then he would not be entitled to anything. However, if he funded half the deposit, where has that equity gone?
Firstly, what is the current approximate value and what is the outstanding mortgage?
Hi, this question remains open. Please could you provide the requested information so that I can continue assisting you.