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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.

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

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Legal matter about house....does anyone know?

  • MoJo
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11 Aug 07 #1905 by MoJo
Topic started by MoJo
My house is under a court order to be sold on the open market once my youngest child is 18.

I am currently saving very hard to buy this house.

Will I be able to do this?

Can my ex refuse to sell to me?

  • dragonfly
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12 Aug 07 #1910 by dragonfly
Reply from dragonfly
I am in a similiar situation. There are several conditions that will dictates the sales of the MH. It says that the husband will execute his rights if a) you remarry, b) your partner moves in, c) you suddenly drop dead (sorry , not personal)d)when your last child reaches the age of 18 or finished university education, e)the wife's right to buy the husband's share of the equity by agreement. There is also a clause (in my case)that the husband has a first charge and can execute his demand if I was in arrears of payment. Guess what...I went to the bank and borrow against the house (equity) to buy him out asap. I am waiting for my solicitor's return from her holidays to set the ball rolling. I will let you know the outcome.

However,I am no expert, only sharing my own experience with you.

  • MoJo
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13 Aug 07 #1950 by MoJo
Reply from MoJo
Hi Dragonfly

Thanks for your reply.

I won't be remarrying or having a partner moving in.

Really what I was wanting to know is can my exhusband actually stop me buying the house?

I would like to buy it of course but he might not want to sell his bit to me.

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