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Sorry to hear this - can I ask how long you were together and married in total?
what is she asking for?
and can you afford to remortgage and pay her out?
Thank you. What is it that you actually want to know about this? You have not asked a question.
I also need to know how long you were together before you got married. Do you have any children under 18?
After a total relationship length including marriage, of 18 months, she will actually be entitled to very little if she didn’t put anything in.
A lot depends on what assets there are of the marriage and what both of you put in at outset. If she put nothing in, then she is unlikely to get much out
Whether the GBP5000 goes to her or back to her father or whether it’s divided between the two of you depends whether it was a gift to her, the both of you, or whether it was a loan.
What could well have started out as a gift to both of you as a start out present they could well now claim that it was always meant to be repaid. That alleged change in the status of the money is extremely common
She would be entitled to a share of the “gift” and something from the house by virtue of the marriage but that’s not going to be a lot.
If solicitors are involved, solicitors costs are probably going to be more than the amount of money that you are arguing over.
Apart from capital repayment, the interest is paid for the privilege of living in the property.
In my opinion that would be a very good deal for her. She can try to force you to sell the house on the open market but you could then by her share out but that would be wasting agents costs and therefore you could make her pay the agents cost, to the court if necessary because those agents costs were unnecessary.
Get three local valuations and take the average.
You cannot do anything to the property title deeds change all the mortgage unless she signs the relevant paperwork. If she refuses, then it’s a court application
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That is correct if you are not married and there is no deed of trust specifying anything else