Join a community, not a client list.
Boutique London Lawyer
Get in touch today
Call us on 07855 849232 or
email david.gordon@dg-law.co.uk
Joint Ownership After Separation
Joint Ownership Dispute
Joint ownership of a property can be amicably resolved, if you get the advice of a solicitor. You need to know your rights first and then discuss it with the other party. It doesn’t always happen quite as smoothly as that, but you do need to get legal advice first.
After a separation or divorce, a parent and any child or children remain in, what is sometimes referred to as, the family home. It is a joint ownership property, but while the child is under age, the child needs to remain in the property with one of the parents.
Mortgage Liability
Once the children grow up and leave the family home, the property is no longer a family home but an asset. If there’s a mortgage involved, one or both parties are liable for. The typical scenario here is the father takes responsibility for part if not 100% of the mortgage.
There are other scenarios where one of the parents is a higher earner, or both parents share the mortgage liability equally. But if the children no longer need the family home, it would be sensible to consider easing off the mortgage payer’s financial burden.
Amicable Resolution
So both parties are left with a few options. One would be to sell the property and split its proceeds. Getting a clean break by selling the property could be ideal – no mortgage left to pay and possibly some profitability for both parties.
You can give us a call for an initial free consultation with no obligation. Once you get legal advice, you’ll need a plan laid out with the help of an experienced solicitor and legal representation to proceed with the plan.
First Step – First Contact
If you are in a similar situation, please give us a call to discuss. It’s a lot easier to resolve matters involving assets and family. When you know your rights and someone emotionally unattached has experience and legal expertise, you can move forward. We can help you bring a resolution to a difficult part of your life, with as little pain as possible. SG
Make An Enquiry
Call us now on 07855 849232 or complete our Online Enquiry and we will be delighted to talk with you about your legal matter.
Share Article With:
Make An Enquiry
Blog Categories
Client Reviews
DG Law were fantastic throughout our purchase process. We had a short, fixed, timeline to
DG Law supported us through a very difficult contractual negotiation to achieve exactly the outcome
We were very pleased with the way that DG Law helped us on our transaction
DG Law resolved a difficult lease renewal for us and their services were excellent –
I needed understanding and experienced legal advice. DG Law provided an excellent service at a
My experience was second to none – the service was professional and personal. DG Law
DG Law always step up to the plate on our transactions and handle the various
DG Law was recommended to me and my partner and I received excellent advice –
Having worked with DG Law a number/couple of times now, I have been really impressed
DG Law were constantly at hand, and kept pro-active throughout the thorny process of getting
DG Law came recommended to me and whilst setting up a new business it was
We were recommended three lawyers to handle the sale of our seven year old successful
Why Choose Us?
We live by our core values of transparency, flexibility and being honourable – every day
We put ourselves in your shoes so we understand your problems from the inside out
We deliver our advice in a way that is easy to understand