Hi, the house in France is worth around €120,000 and the mortgage is €120,000, we bought it for €150,000 and then the prices dropped. I am putting it on the market at the moment.
The house in the UK is worth around £170,000 and it has around a £10,000 mortgage left on it.
We have been married for 7 years and my income now is around £8000 per annum, since my wife kicked the tennants.
Her income is around £15,000 via a pension from the NHS per annum and she plans to go back to work.
We have lived together for 8 years, the house in Boston was originally bought by me and my previous wife in 1990, she has no rights over it.
The capital for france was raised by a mortgage on the UK property.
The house in France is mortgaged, the deposit was of 30,000 euro which was raised by a further loan on the house in the UK. She lived in her own house which when sold some of the capital was invested to reduce the loan on the UK house when she moved in with me.
Hi, I think her investment was around £70,000 into the UK house and that includes the french investment.
Hi, sorry about the delay in responding, I am not considering a divorce at the moment, she may be.
Difficult to know what her thoughts are as communication is a little strained at the moment.