I am divorced and have a mesher order with ex wife. I am getting married soon and ex has suggested we come to an agreement re spouse maintenance and my % of house.
House is currently worth approx £900,000.00
We have a mortgage of £140,000 - ex solely responsible for this
I have 25% of that which realises in 2019
I pay ex spouse maintenance for life of £400 a month plus 25% of annual bonus (no guarantees). No cohabitation clause in Consent Order only if she remarries.
How do we come up with a figure? I think ex would just like to say no to spouse maintenance and bonus and I sign house over to her.
I think she should pay me.
Given the amount of money you are talking about you really should be speaking to a solicitor with strong knowledge and experience, only after a great deal of detail is taken can numbers be talked about, yes it will cost a few quid but its money well spent.
If your not sure where to turn call the wiki phone line and they can recommend a solicitor to you.
Your ex (and you) would have to live for an awful long time for the £5k+ a year that she gets to outweighs the potential £175k share of your equity. I would definitely follow dukey''s advice and speak to a solicitor.
Its actually more complicated than it first seems, solicitors use tables to work out capitalisation given sex age ect and then calculations can be used to work out the offsetting required, on this basic detail no one could advise, even if they did what you really need is a solicitor to look at the actual order and then start work on solutions.