Thank you for the extra information. Presumably your ex partner is not about to put you on the deeds.
It depends whether you want to force a sale of the property or not.
No one can be compelled to continue to own a property or have a financial interest in the property which they no longer wish to own and they are able to force a sale through the courts if necessary.
The remedy is to make an application to court for an order for sale under section 14 of the Trusts of Land Appointment of Trustees Act (the Act).
Anyone wishing to sell may find that a strongly worded letter from a solicitor threatening a court application and an application for costs, may focus the mind without actually having the need to get to court.
Check house insurance to see if there is legal expenses cover that would pay for the legal cost of taking the matter to court.
If I were advising anyone who has received a letter threatening an application to court under the Act and an application for legal costs, I would tell them to get the agents sign up immediately and cooperate with the sale because if they make the court application, they are likely to get it and they are likely to get costs awarded against them.
You can deal with this by way of a restriction against the property register provided you can prove your financial input which for such a large amount of money when it was purchased, there would be a paper trail.
Even better still is to have a legal charge against the property but if the owner of the property will not agree, and it’s a case of going to the County Court, getting a judgement against the money and then getting a charging order against the property.
Or alternatively force a sale.
Really comes down to whether you want your money out or whether you just want to secure it.
If you don’t want your money out what you want to secure it, I would suggest that you said that either you got a legal charge against the property or you will force your ex to sell it to repay your contributions.
I am glad to help.
Hopefully, I have answered your query in a way that is simple and easy to understand.
I would be more than happy to clarify anything else for you. In the meantime, thank you once again for using our services.
Please note that my answer is based strictly on the information that you have given me. If you have not given me all the information, then my answer may be incomplete or wrong.
I am happy to answer any specific points arising from this.
If you still need any points clarifying, I will be happy to reply because the thread does not close. In fact, it remains open indefinitely.
I am always happy to answer any questions you have if you start your question with, “ For FES only”