05-03-2019, 12:13 PM
Hi all,
Following the breakdown of our relationship our property was sold around two weeks ago with around £13k equity remaining "in the pot". EX instructed solicitor dealing with sale proceeds not to divide the money because in essence she wants a higher percentage of the pot because she invested a substantial amount more than I did. Prior to us buying the house as far as I was concerned when went in as equals (nothing was drawn up to say she got x amount out if we sold it or split up) so we exit as equals, aside from that I left a decent amount of assets in the property which she still insists I didn't. As far as I'm concerned the pot should be split equally as stated as we are joint tenants on the property and we were not married. I had a bit of advice on this and basically I was told it would cost more to resolve this via courts than what my share (6.5k) would be. Solicitor holding onto the money is saying unless we get an agreement the money isn't to be released. I can't see I'm in a hurry to sort it out but obviously at some point it will have to be, ex is unreasonable and offered me £3k, obviously I rejected this as I need to try and set up a new home for me and my son when he's with me.
Any advice where to go with this? I can only see court as the only option but I don't want this costing me a fortune in the process because she won't honour the equal split. Most people are telling me to just wait it out but that could obviously drag on for years/months.
Following the breakdown of our relationship our property was sold around two weeks ago with around £13k equity remaining "in the pot". EX instructed solicitor dealing with sale proceeds not to divide the money because in essence she wants a higher percentage of the pot because she invested a substantial amount more than I did. Prior to us buying the house as far as I was concerned when went in as equals (nothing was drawn up to say she got x amount out if we sold it or split up) so we exit as equals, aside from that I left a decent amount of assets in the property which she still insists I didn't. As far as I'm concerned the pot should be split equally as stated as we are joint tenants on the property and we were not married. I had a bit of advice on this and basically I was told it would cost more to resolve this via courts than what my share (6.5k) would be. Solicitor holding onto the money is saying unless we get an agreement the money isn't to be released. I can't see I'm in a hurry to sort it out but obviously at some point it will have to be, ex is unreasonable and offered me £3k, obviously I rejected this as I need to try and set up a new home for me and my son when he's with me.
Any advice where to go with this? I can only see court as the only option but I don't want this costing me a fortune in the process because she won't honour the equal split. Most people are telling me to just wait it out but that could obviously drag on for years/months.
