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In the event that the Wife has been unable to release the Husband from the Cheltenham & Gloucester mortgage by 1st January 2014 or earlier in the event that the Husband has made all periodical payments as set out in paragraphs 3 & 4 the former matrimonial home shall be sold on the open market and the following consequential provisions shall apply :1
Yes I'm preparing for January when I know my Ex will not comply and will try to drag things out. It's in her interest to do so as she lives in the house and would not be able to afford the mortgage on her income.
the provisions state that the proceeds of the sale shall be to discharge the C&G mortgage, cover estate agents fees and any surplus shall go to my Ex.
Yes it says "the Wife shall have conduct of the sale"
It's worth approximately £530,000 and the mortgage is £400,000