first off my friend is seeking legal advice (already speaking to a solicitor)
I'd be interested to know if anyone knows the likely outcome or has any advice,
They each own a house outright (both are let)
They jointly own two houses (one of which they live in one is rented out)
She has not worked for 10 years - but he takes all the money from her rented house (and his) as well as the jointly owned house, she lives on £400 a month... she still has to pay for all the food and split additional bills from this £400.
So he gets the rent from all 3 houses + his salary + about half her £400 meaning he has managed to buy about 400k in stocks and shares over the years.
She put down the 200k deposit for the house they live in and jointly own (she was well paid before she quit work to look after her mother)
My feeling is all she will get is 50% of the two jointly owned houses and nothing else? (no children are involved)
I'd be interested to know if anyone knows the likely outcome or has any advice,
They each own a house outright (both are let)
They jointly own two houses (one of which they live in one is rented out)
She has not worked for 10 years - but he takes all the money from her rented house (and his) as well as the jointly owned house, she lives on £400 a month... she still has to pay for all the food and split additional bills from this £400.
So he gets the rent from all 3 houses + his salary + about half her £400 meaning he has managed to buy about 400k in stocks and shares over the years.
She put down the 200k deposit for the house they live in and jointly own (she was well paid before she quit work to look after her mother)
My feeling is all she will get is 50% of the two jointly owned houses and nothing else? (no children are involved)