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Retired2017 - Thank you. She wanted to sell off house and to both pay off their share of negative equity but he was unwilling to do this. He is happy with current arrangement because the amount he is paying off the mortgage is less than what he would have to pay for rent in area. I guess she...

S Barrett - It looks very unlikely now that the banks will agree to take name off mortgage, New Partner on social welfare so her name cannot be added and his salary is too low for bank to put it into his name. The current arrangement is cheaper for both of them not just her. Under the...

I’m not sure if you are trying to be smart about emotion or green eyed monster. If you read the post its about making sure she gets her FAIR share in future not really about what he gets.

Thank you. Not to sure on the divorced/separated thing. If she has to pay 50k negative equity she would not be able to get another mortgage, so in the event she would be just better having tenant (ex is new tenant) paying off mortgage until negative equity reduced.

She can walk away from NE - the bank didn’t say she could. She is hoping they will but bank are dragging their feet. The profit in future is only if it can’t be sold now. Why should she be entitled to nothing in the future after a lifetime of being unable to buy a home herself. And having to pay...

I think you are picking me up wrong. She wants out of the house now and to move on with her life. However this may not be an option with the bank so she might have no choice but to jointly own the house and mortgage with him for years to come. If he takes over the house and puts mortgage...

A clean break would be best yes but the you know what banks are like. If it does make any profit in time I dont see why it would not be split 50/50, even though he has paid the mortgage but as I said above she had to pay rent elsewhere.

We hope deal will go ahead but bank may not allow it. You say he should get more in event of sale. There was a tenant in the house paying the rent for a few year and this was covering the mortgage. They were both renting elsewhere and paying tax on rental income they received on their former...

Hi Looking for some help for a friend. My friend and her ex husband both civil servants on around €50000 each per annum. The house they jointly own is now worth around €320000 and Mortgage around €400000. They had a tenant in the house who was paying the mortgage every month but now the ex...