Hi,
I'd like to find out if anyone can please help? Can a caveator who placed a caveat with interest in our property forced us to sell our house in order to get their money back in full? Due to domestic living dispute with a family member (retired) who helped us purchase our first house with his help he “lent” us the deposit and verbally my husband, I agreed to repay him back in 4-5years time. Nothing drawn in writing at the time, but I’m learning from this!
He lives with us as he’s retired and single. He’s got no mortgage and on the pension. So he’s demanded we sell the house (after only owning it 1 year of purchase) and demands we sell the house so he can pay back his deposit money. Don’t think he can just force us to sell our house as he’s not on the title and only hubby and I are joint tenants on this mortgage. Any help would be much appreciated.
I'd like to find out if anyone can please help? Can a caveator who placed a caveat with interest in our property forced us to sell our house in order to get their money back in full? Due to domestic living dispute with a family member (retired) who helped us purchase our first house with his help he “lent” us the deposit and verbally my husband, I agreed to repay him back in 4-5years time. Nothing drawn in writing at the time, but I’m learning from this!
He lives with us as he’s retired and single. He’s got no mortgage and on the pension. So he’s demanded we sell the house (after only owning it 1 year of purchase) and demands we sell the house so he can pay back his deposit money. Don’t think he can just force us to sell our house as he’s not on the title and only hubby and I are joint tenants on this mortgage. Any help would be much appreciated.