J
Jeanc
Guest
Hi
I brought a house with my boyfriend in November 2006 for €570k. We moved in in March 2007 and have a 25 year morgage at approx 3k a month. It is not working out and we are going to separate. He wants to buy my half of the house. I paid 25k of the stamp duty and 1.5k per month of a morgage since March 2007 (18k total). Given that house prices have dropped significantly since buying the house and we are definately in negative equity is it a fair deal for me to give him my half for nothing? What other cost will I have, legal fees, bank fees etc?
Also what are the stamp duty implications?
Thanks in advance
Jean
I brought a house with my boyfriend in November 2006 for €570k. We moved in in March 2007 and have a 25 year morgage at approx 3k a month. It is not working out and we are going to separate. He wants to buy my half of the house. I paid 25k of the stamp duty and 1.5k per month of a morgage since March 2007 (18k total). Given that house prices have dropped significantly since buying the house and we are definately in negative equity is it a fair deal for me to give him my half for nothing? What other cost will I have, legal fees, bank fees etc?
Also what are the stamp duty implications?
Thanks in advance
Jean