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Well to be honest the TIB took no liability for any maintenance & owes me money. He only had beneficial interest.
All maintenance, repayments costs were previously joint with the other owner and are now solely mine.
The title has my name and the other freeholder who was made bankrupt. We are in fact tenants in common not joint tenants as I stated earlier. All advice is very much appreciated. Thank you.
I jointly own a freehold rental property with someone who was made bankrupt. We owned it as joint tenants. Since the bankruptcy I’ve been solely managing this property (managing tenants, collecting rents, maintenance & paying the mortgage) The property has one title, a btl mortgage & comprises...