Looking for advice.
Friend owns a house, her ex moved out approx 12 years ago after living together for about 2 years.
Since then he has not paid into the property at all
She now wants to take his name off of the property which he has previously agreed but has since u-turned despite claiming he never wanted anything out of the property multiple times over the years and even said he would sign anything just get the papers drawn up.
He now thinks he is entitled to 50% of todays equity.
My question is, is he entitled to the equity based on todays valuation or would the fact he has not contributed in any way other than the time he lived there mean he would only be entitled to a smaller amount?
They have offered him a token amount but he now says he wants another £10k on top of that, they don't have that kind of money and have pointed out he would most likely spend more than that taking them to court.
I would appreciate if anyone who has experienced this could offering advice or inform of the likely outcome.
Thank You in advance