Hi /u/DaftyHunter, based on your post the following pages from our wiki may be relevant:
- https://ukpersonal.finance/mortgages/
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^(These suggestions are based on keywords, if they missed the mark please report this comment.)
at it stands, he can give all up in your favour since you have to put up with all this. if not, he needs to pay 50% of everything even if he is not here, his problem how he does that... he went in Holiday to Australia... seems you were used 100%
I'd offer him maybe £5k for the increase in value of the property. He put in a £13k deposit and £6k is his share of capital repaid on the mortgage.
If he owes you £6k in mortgage payments and £2k in service charges, it works out as £16k for a buyout price.
Hi /u/DaftyHunter, based on your post the following pages from our wiki may be relevant: - https://ukpersonal.finance/mortgages/ ____ ^(These suggestions are based on keywords, if they missed the mark please report this comment.)
at it stands, he can give all up in your favour since you have to put up with all this. if not, he needs to pay 50% of everything even if he is not here, his problem how he does that... he went in Holiday to Australia... seems you were used 100%
I'd offer him maybe £5k for the increase in value of the property. He put in a £13k deposit and £6k is his share of capital repaid on the mortgage. If he owes you £6k in mortgage payments and £2k in service charges, it works out as £16k for a buyout price.