I'm tempted to reply to W with something like this:
"Renting the house out wouldn't cover the mortgage or get me anywhere in the next few years.
You are entitled to your share of what is left of the equity and I think it is right that you get it. Going on the latest valuation (two weeks ago) from an independent valuator (not an estate agent) there would be 5-6K left. Split between us that would be 2.5-3K each.
If something isn't done soonish and I can't afford repayments we could lose the house altogether and then there will be nothing left for anyone."
Thoughts?
M36 W31 S4 S2 T5 M4 BD Jan12 S July12 Recon Sep12-Nov12 ILBINILWY Jan13 OM x 2 in 2013 W wants R July 13 I start D. Jan 14. Meet GF Nov 13 Have I changed enough? Jul 14