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I am currently living in my husbands second home after separating from my husband in January 2013. He is selling the property and I wanted to know what my legal rights is to having some ownership or financial settlement on the proceed of the house I occupy as my home.
How long were you together for and how long married?
Do you have children? Ages? Who do they live with?
What are the houses each worth and how much mortgage is outstanding?
The house I am living in was my home before we married and I sold it to my husband because I was in financial difficulities at a reduced market value.
We have been married for nearly 3 years and have no children together.
My husband has a home where we lived together, before separating in January.
His home is worth £800,000 with a mortgage of £200,000 and the value of the house I live in is £435,00 with a £171,000 mortgage.
I am going to refer this to another expert for you. Sit tight.
Thank you for your help.
We lived together properly for 2 and a half years.
I bought the property as my main residence in 2008 and sold it to my husband in 2010 after financial difficulties at a reduced market value.
I can put a HR1 on the property so I get my share of the proceeds of the sale. Or what can I do to get my share of the capital when it is sold?
No. The sale is with the solicitors.
I just need to know how I can ensure that I get my share of the equity from the sale.
I have another property, where I will live, which I remortgaged to buy this house originally. And still have a very large outstanding debt, so would like some of the share of the capital from the property to pay some of it back.
We are having a Separation Agreement.