Estate Agents In York

Sunday, November 1, 2020

How would we split profits from unequal contributions to house purchase?

I am buying a home with my partner and we want to work out a fair process if we were to separate

Q I was wondering if you could help. I am buying a house with my partner and we are trying to work out a fair process of splitting the profits on the house if we were to separate and sell but we are having difficulty working it all out.

The property costs £590,000 and I am providing a deposit of £235,000. We are taking out a mortgage of £442,500, which will allow us to pay for an extension soon after we move in.

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