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by sco
Wed Jun 27, 2007 12:45 pm
Forum: equity release
Topic: how much would be my share of equity?
Replies: 5
Views: 1660

No, she does not work at present. She is heir to an inheritence from an elderly relative though. I would anticipate she could receive this in the next 1-2 years. This would cover my share but I expect she would not want to buy me out with this money. I am currently able to pay the debts and I am not...
by sco
Wed Jun 27, 2007 10:35 am
Forum: equity release
Topic: how much would be my share of equity?
Replies: 5
Views: 1660

Hi Melanie, At present I do no know what other options I have. I do not wish for the house to be sold and displace my children who are 7 and 14. I have mentioned the option of bankruptcy to my solicitor and he naturally became concerned about my ability to pay him and said I would have to pay in adv...
by sco
Tue Jun 26, 2007 7:11 am
Forum: equity release
Topic: how much would be my share of equity?
Replies: 5
Views: 1660

Hi, I am in the process of divorcing my partner and will be leaving the family home. As we have children, the house will not be sold and a 25-30% charge will be placed on it which will be paid to me once the children reach school leaving age. I currently owe £25k of unsecured debts and will be movin...
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