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I am very sorry to read of the above and I imagine what a difficult position it must be. I will certainly try to clarify your options.
thank you. Based upon what you say, you would still have an entitlement to 50% of the equity in the property unless the arrears you mention are specifically your arrears as opposed to arrears that have built up jointly in relation to the mortgage in which case your ex may have a claim to deduct those arrears from your share of the equity in the property. in terms of the options you may have in relation to the property, in principle you can consider an application to court for a sale of the property but as you have children together, your ex would have a right to make an application under part two of the Childrens Act for reasonable provision for the purposes of your children and if she can demonstrate that the use of the property is required for their welfare, it is at least a strong possibility of the likelihood that a court would decline the application and make an order for occupation rights in relation to the property for your ex until the children are at least 18 or have finished full-time education. It is also possible for courts to make what are known as property adjustment orders under the children's act reallocating equity though this is not a preferred option.
accordingly, a collaborative approach may be a better one in relation to decisions in relation to the property as in practice, option is likely to be relatively limited works to ensure the remaining full-time education in respect of the property