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I bought the property in 1998 for £83 000. I have since put on a loft extension but am not sure of its current value. When I contacted you on Sunday he had pushed me over hard on Saturday. We had a good day on Sunday but I came home from work tonight and he has been crazy, shouting at me , calling me names and has pushed me 3 times (although not so hard as to push me over this time as I told him I would contact the police). Becauseof increased mortgages for loft and external room the mortgage is now about £75 000. I work full time.
Looking at estate agent prices for similar properties ( 3 bedroom maisonette in this area ,with garden) i would say about £190,000.
Probably about £5000. I have been told that any rebuilding will only increase the value by about one third of the cost of the project.
Thank you for your response. I appreciate your honesty. If he were to stay here for a while would the amount I owed him lessen to make up for him not paying bills?
He and I have verbally agreed that whilst he lives here and does not pay any bills (I even pay the council tax) we can reduce the amount I owe hom by £200 per month as his contribution. If he lived here for a couple of years as a friend, would he then lose his claim on the property?