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Jo C.
Jo C., Barrister
Category: Law
Satisfied Customers: 30929
Experience:  Over 5 years in practice
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I am male age 74. I have to work 3 days p/w part time (<£60

Customer Question

I am male age 74. I have to work 3 days p/w part time (<£60 p/d + state pension). All of my funds and past earnings have been invested in our property, jointly owned outright, value +/_ £250,000. I have also paid for extensive renovations and furniture etc as well as bailing my partner out of debt on several occasions.
We have already taken equity release of £32,000 for further property improvements..
My partner, female age 64 works full time and receives a state pension (+/_ £30,000 p/a).
She has invested a much smaller amount in the property and is still persistently in debt.
There are no children.
We agree to separate. I want to remain in the property.
She wants to sell which would mean I would be homeless.
Can she force me to sell?
Submitted: 1 year ago.
Category: Law
Expert:  Clare replied 1 year ago.
Hi
Thank you for your question.
My name is Clare
I will do my best to help you but I need some further information first.
How long have you lived together and how was the original purchase funded?
Clare
Customer: replied 1 year ago.

Hello,

We have lived together since September 2002 and bought this property August 2003. Purchase price £155,000.

I raised a deposit of £73,650 and my partner £24,350. I paid Solicitor's fee £3445 and after a time paid off the mortgage £50,339.

Expert:  Clare replied 1 year ago.
Hi
Did you protect your investment with a Declaration of Trust?
Clare
Customer: replied 1 year ago.

I have never heard of that so answer must be "No".

We did consider separation in 2006 and an agreement to all preceding facts and figures, together with later developments, was drawn up and signed by both of us.

Customer: replied 1 year ago.

Sorry internet access problems.

I have never heard of that so answer must be "No".

We did consider separation in 2006 and an agreement to all preceding facts and figures, together with later developments, was drawn up and signed by both of us

Customer: replied 1 year ago.

Hello,

Are you still there?

Customer: replied 1 year ago.

You have not completed our chat.

A refund is requested.

Expert:  Clare replied 1 year ago.
Hi
My apologies I have been off line
When the agreement was drawn up was any agreement reached about what her share should be?
Will you be able to have her released from the Equity release agreement?
Clare
Customer: replied 1 year ago.

Thank you,

Can we continue this conversation later, I have to work and will not have free time till Sunday and need time to respond accurately.

Expert:  Clare replied 1 year ago.
Hi
You can pick this up whenever you wish
C;are

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