Could anybody "legally" minded be able to help me out here.
My x2b and my mother bought a house together November 2005. The reason that i did not go on the mortgage was because i was not earning enough).
The house was sold in March 2007, so they owned it for 16 months.
It was used as the marital home until i left.
My mum put down a £30k deposit. My wife put down nothing. Now the £52k equity has been sitting at the solicitors since March 07 as my mum and x2b cannot agree on the split.
Surely a fair split would be that mum gets her £30k back and then the remainder of equity gets split?? My x2b feels that it should be a straight split (£26k each!!)
(I know that i can make a claim on this property when the divorce goes through) I would just like to know if anyone is aware as to who is right with regards to the split of equity.
Surely if a couple bought a home, then sold it 16 months later, you would get back what you put in???