I know my husband is thinking in terms of divorce after 28 years of marriage. I was wondering if anyone could advise me please. We have a house which is need of refurbishment and modernisation. When he goes I would like to get the house up to scratch, with a view to increasing its value. Should I have it valued as soon as he leaves? Will I have to share the increase in value?
I know I really need to talk to a solictor, but haven't plucked up the courage yet.
I don't have my own income, having given up my career when we had the children, now 21 and 18 years old.
Would appreciate any advice - thanks.
If you can sort the settlement out yourselves then the value is what you agree but if you end up going through the courts it will valued when the finances are eventually sorted.he will have a share of the profit although your input may be considered although wih no income you'll have difficulties affording to do that.
There is more than just the house to consider get some advice some solicitors give free 1/2 hour consultations.
Much depends on whether or not the house will have to be sold. I would in any event obtain three estate agents appraisals to get an idea of its current value. You shouls ask then whether or not its worth investing further capital on revovation work etc...quite often it isn't. Do this before you consult with a solicitor.
i'm in the same situation my solicitor adviced me to do nothing in the house and to get valuations from 2 or 3 local estate agents that give them free. if you make any improvements in the house it will increase in value by some degree and the other party will benefit from that increase untill things are legally agreed.