My ex husband and I divorced 3 years ago and the terms of the consent order stated that the property shall not be put on the market earlier then September 2020 unless we agreed in writing to sell earlier and the property division is 60/40 in my favour. I now want to sell the property 3 years early and I am happy to split 50/50 to compensate the loss my ex husband will incur by selling sooner then agreed.
Has anyone ever done this or know if we can do this - thanks
He would prefer to sell in 2020 and achieve a higher sale price. He has taken on a part interest only mortgage and wants to pay it off in 2021 (he has a fixed rate and will incur a fee if it pays it earlier), the current sale price will leave @ £20k shortfall on his mortgage which if we didn't sell until 2020 he would more than likely achieve.