Hi yes the flat is in the divorce settlement . I would of preferred it to of been sold before next may, because if its not i will have to pay half the outstanding balance out of my own capital, until it is eventually sold. My ex husband really wants to take the flat on so i need to agree with him on a fair price if he was to buy me out.
Hi the property is to be sold as part of a portfolio that we have mortgage paid off and other expenses then equity shared out. I have contacted estate agents who have valued the property at around 90 to 100 thousand we owe 40 thousand. My ex husband however has only offered me 16 thousand to buy me out and a reduction in my monthly income i receive from the business. My income was to have a variation of decrease from after each property sold depending on the equity made. So i am not sure if this would be the case in this property as he wants to keep the flat with rental income and sell at a later date .