property renovation

My story is a bit like divorce but involves myself and my younger sister.

The short version is that I bought a run down flat with my sister and we have a joint mortgage. The plan was to do it up and split the profit 50/50. What happened was I ended up having to do the large majority of the renovation work and pay for most of the materials, while she made excuses and eventually refused to acknowledge that she wasn’t contributing to anything but the mortgage.

Now the work is finished (and we hate each other) we want to sell, but she is refusing to accept less than 50%. My parents are not helping and say that the work I’ve done doesn’t make any difference to how the profit should be split.

So, my question is does the work done to improve the value of a property come into consideration at all legally? And what is the likely hood of my being granted a higher share if it were to go to court?

Passive Income

property renovation

We live in the central balkans and would be interested to work in the teteven, ribaritsa, troyan region. My husband is experineced in all kinds of renovation work. Has good local conections and could offer a much better deal than dealing with an agency who overcharge people for very little input. I am Scottish and would be able to communicate with you and keep you informed exactly of the progress or problems with your property

Real Estate Professionals
property renovation

I am prepared to do the manual labour / renovation work, but I am looking for a partner who can provide the capital, as I have very little to invest and want to build up a business. If you are interested then please let me know and we can disucss business proposals.

Thankyou

Quick Property Sale