UK Family Law
UK Family Law Questions Answered by Verified Experts
Can we apply straight away?
It has come to light that my ex is definitely trying to buy my share of the property by bringing his father in and a builder friend. I think that once they buy my share as low as possible there is a motive to get planning permission to build more houses on here as the land is 1.2 acres. Our valuations are quite low and my solicitor says the court will go off these valuations so at the end of the day I probably won't get any more money than £128,000 not enough to buy a house around here by my daughters schools while he will still have our properties and maybe make a lot of money in the future. To make things worse I have just been made redundant and do not have much money left. Will the court take this into considerate when they are deciding the shares of the property?
There are 2 houses on the property and an annexe but they are all tied in as whole of the land so they all have to be sold together. He has done a valuation and so I have I.His valuation is £440,00 and mine is £480,000 which I think is pretty low for two 4-bedroom houses and an annexe. The mortgage is £280,000 so if I went off my valuation I would only get £100,000 to buy a house while he keeps all the properties on the land.
No should I before we go to Court?