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Are you joint tenants or tenants in common?
If it's the former you've got equal rights to the property.
If you want to work out a percentage then you may want to speak to an accountant. There's not going to be a definitive answer as there are going to assumptions around the value of earlier payments compared to later ones, etc. If you don't have good records they may also need to go through bank statements, mortgage statements, etc to come up with the figures.
Or, you can both just agree a figure that feels right and go with that.
aggi-
While the situation is complicated it’s easy to correlate the info as it only really covers 2 years of one person selling property A and buying property B and both living in the other persons property C while B is renovated.
Then selling property C and putting the proceeds towards property B and just about halving the total mortgage amount.
There are differences in values and equity and while there will be one share bigger than the other neither of us is of the mindset to work out exactly how to come up with a number.
There’s probably different ways of working it out too.
At the moment I’m technically just a lodger but we will have the new mortgage in both our names once new one is taken out after selling property C.
We are not married FWIW.
Mr_Smyth
Where do I (we) go to get a calculation on an equity split on a jointly owned property?
it’s not a divorce but the sale proceeds of one property are going to halve the mortgage on a co-habited home and both names put on the property.
We just want some guidance on who owns what percentage
neither of us are maths/spreadsheet people and it’s quite complicated with several bits of current mortgage including one that was interest only and then converted to repayment.