Divorce - my inheritance used to pay off mortgage 15 years ago
Hello I am in England
Separated 7 years now and I have continued to live in the home with our 3 children (now young adults). Two are currently working overseas so not living at home. 19 year old still with me and has just finished college.
New partner of 5 years owns his own home in a different area, a friend lives there at the moment and pays 'mates rates' rent. Partner lives most of the time at my house, returning now and then to his own town for work and staying at his house. New partner and I wish to buy my soon-to-be ex-husband out of my house as we both like the town we live in (I have lived here for 20 years).
I know the answer to my question legally but thought I would ask the experts, anyway for any advise. 15 years ago, my parents passed away and I sold their house and used £120k to pay off our mortgage. The house has now been valued at £400k. Ex said when he left that he would never take any of my inheritance (I did ask him at the time to put this in writing but he never did). His mum also gave us £20k to have a bathroom refitted. Ex has suggested a split of 55 (me)/ 45 (him). So my partner and I would need to mortgage around £200k.
Things are amicable with my ex and I wish to keep it that way. I don't want to squabble over money and I don't want to start involving costly solicitors, I'm not greedy and I just want to start a new, happy life with my partner. But I feel a little uneasy about how hard my parents worked and whether I should go back and suggest a different split of the house.
Legally, I understand that it was my choice to put that money into the house and our marriage and I don't regret it, I did what I thought was the right thing to do at the time.
Any advise welcome. Thank you for reading.