currently Separated from my wife of four years. We are currently separated for several months and now it is time to move away from the marital home cannot bear it anymore.
My salary is much higher than my STBX. I want us to sell the house and so we can both move on independently it is a large house and is not suitable for one person. Currently only myself and STBX live in the house in separate rooms.
She is very adamant she does not want to sell the house and stay in it alone whereas I would like to sell so it would allow me to purchase my own place to release capital and not be restricted by second home purchase conditions as i am on the deeds of marital home.
What is the policy that governs any spousal maintenance whilst separated.
I am going to pay for the mortgage and 50% of the council tax and limit the payment to this level. So protecting and supporting the house whilst not making it easy to continue in the house.
Would this arrangement and payment go against me in the final settlement with the courts when the divorce is settled?
Can i do anything to force her to sell the house and allow us to both buy seperate houses. They would be capital enough to buy 2 small houses if we sold it?
Hope i can get some feedback as i dont know what to do for the best, just in Limbo with no clear way forward to get on with our lives.
Thanks for replying.
Well simple breakdown:-
My Salary £65K, her salary £20K.
My age 50, her age 55.
Assets: House £320K capital when sold.
Pensions: My Pension cash post is approximately £160K her pension cash pot is about £35k.
When I leave the home it will be very difficult for her to pay the mortgage and continue without any support from me.
However I don't want to set a precedent that is avoidable in the interim.
I could pay the mortgage direct from my account maintaining the house whilst the house is sold to avoid any repossessions.