The prenup was signed on the 9th FEBRUARY 2009. They were married 7th March 2009.
Her EX did have separate legal advice(or claimed to do so)
There is at today's date £21.750 outstanding and an agreement was drawn up and signed covering repayment, interest free for a period of 10 Years..(to date he has paid by D/d £250 p/m for 33months.commence APRIL 2012 when they moved to a new house Prior to this the previous property was solely in Tracy's name.
Many thanks and I look forward for your kind reply
There is NO residential mortgage other than a personal loan to the husband from me of £30,000( repaying @ £250p/m over 10 years interest free)( as he wished to have a 10% interest in the house.(bal o/s £21750).(There is a contract)
If this is repaid in full I will apply it to My Daughters benefit towards his 10% share of the property.
They have lived together for around 8-9 years . HIS income as S/e Electrical supplier(retail) was previously given as £17000(although owing to strong competition ) he now states in the region of only £11000. He supports this with a grey area where he provides repairs and installations of electrical supplies to various organisations . He also claims this is a modest amount(undisclosed) probably much is cash in hand.??i
My Daughter in recent months has had to return to work where she is a Teaching assistant part time 16hours for which she receives app £105p/w ( about £5400p/a) inaddition she has benefits applied amounting to around £5000p/a. From her former husband she receives maintenance for the teenage son of £1200p/a)
She is reluctant to take help from my wife and I as we are retired pensioners but we will help where we can.
However the main aspect is that she is free from the marriage on account of his long standing infidelity , cover up lies( although he has openly admitted his womanizing etc. He is now becoming more and more abusive and with unfounded accusations. (He left the house in March 2014....) He has given verbal veiled threats as well even though he is part time (unpaid) Special Police.officer and she is concerned that he may intend harm..
If you are able to reply today it would be appreciated as I am seeing my daughter this weekend. ...The e mails from Just Answer do not seem to arrive confirming your reply but I will track the computer Thank you again J.
The loan was NOT secured on the property.
No court proceedings have been issued at present. Presumably this will come unless an amicable arrangement can be found.
My daughter has just advised me that she has a DEED OF TRUST with a tenancy in common. which states 90% equity to my daughter and 10% to her husband , she also has pre nup as advised.
Does this make any difference to your former advice.
I would be grateful to receive your comments and will of course add bonus for extra advice