Can anyone give me advice as to what I am entitled

Hello,

I am wondering if anyone can give me some advice. I am currently saving to try and speak to a solicitor but I would like some advice if anyone can give it.

I was married for 9 years. We split up over 3.5 years ago and I paid for the divorce (he was seeing someone else and didn''t want to try again so I started the divorce for adultery). Before we split up we bought our first flat and I think I lived there for 3 years before we split. I moved out because the village was more his home, not mine, and it would have been very difficult to afford on my own. I suggested that we could get a tenant into the flat but agreed to let him stay there as long as everything was split 50/50.

We tried to sell the flat but unfortunately we bought it just before the market crisis, so we only got a couple of offers for a lot less than we bought it for. (We bought for approximately 135k). There is now about 105k(ish) left on the mortgage and I have offered that he can buy me out. He has been working on this for a year and is finally getting the mortgage application together, however the bank has only valued the property at 120k so there is not much equity in it.

I originally wanted half of the difference between what we paid for it and what is left on the mortgage now (135-105/2). However as the value has gone down I''d agreed to 9, then 8.5. Now he is saying he can''t quite come up with that much and is wanting me to reduce the price I want again.

During this time I have helped to pay of a loan, part of which was to pay off his credit card. While we were trying the sell the flat I was paying half the mortgage insurance.

I am getting very frustrated because as soon as the value of the flat goes up again he will have a lot more money in the flat than I am asking for.

Can someone advise me on if I am asking a fair price or not? I am seriously thinking of telling him no and just try to sell it again, at least then we will both end up without a home.

Thanks very much for reading and for any advice that may be given.

Wantingfreedom

Well if there is £15k equity in the flat now then half of that is £7.5k but if you sell then you wont get that much as obviously the cost of the sale will come out of the equity.

True if you force a sale neither of you will have a home, if thats what you want, but equally you''ll be waiting a lot longer for even less money or no money at all. Is it worth it?

Alternatively you could wait until it goes up in value but how long will that be and all that time, assuming you are on the mortgage, you will be liable for the mortgage payments and wont be able to get another mortgage.