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What are we each entitled to in our divorce settlement?

What does the law say about how to split the house, how to share pensions and other assets, and how much maintenance is payable.

What steps can we take to reach a fair agreement?

The four basic steps to reaching an agreement on divorce finances are: disclosure, getting advice, negotiating and implementing a Consent Order.

What is a Consent Order and why do we need one?

A Consent Order is a legally binding document that finalises a divorcing couple's agreement on property, pensions and other assets.


What''s my position re House??

  • Clear Water
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05 Aug 12 #347448 by Clear Water
Topic started by Clear Water
Briefly,

Lived in a house jointly owned. I then inherited a house outright. Sold our house, split proceeds 50-50. Moved into my inherited house and been there ever since.

All living expenses shared 50-50. Partner has contributed towards maintenance, decorating, furnishing, double glazing etc.

Would I lose part of the house if we separated?

  • MrsMathsisfun
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05 Aug 12 #347452 by MrsMathsisfun
Reply from MrsMathsisfun
Are you married?

Do you both currently live in inherited house?

  • Clear Water
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05 Aug 12 #347453 by Clear Water
Reply from Clear Water
To answer your questions,

We are not married and we do live in the inherited house

  • hadenoughnow
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05 Aug 12 #347459 by hadenoughnow
Reply from hadenoughnow
If house is in your sole name then you do not automatically lose any of it. However if she has contributed she may have a claim for beneficial interest. If you can, it is probably best to negotiate a settlement with her rather than get embroiled in a court case that could end up with you paying her costs if you lose. These sort of cases can be very expensive - we have one unfortunate wiki who has had to hand over some 1/3 of the value of her house plus around £50k in legal fees because her offer was just below what the ex was awarded :ohmy:

Hadenoughnow

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