A well respected, award winning social enterprise
Volunteer run - Government and charity funded
We help 50,000 people a year through divorce

01202 805020

Lines open: Monday to Friday 9am-5pm
Call for FREE expert advice & service info


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.


Do you need help sorting out a fair financial settlement?

Our consultant service offers expert advice and support to help you reach agreement on a fair financial settlement quickly, and for less than a quarter of the cost of using a traditional high street solicitor.


Solicitor has got it horribly wrong!

  • MonkeyMagic
  • MonkeyMagic's Avatar Posted by
  • Junior Member
  • Junior Member
More
07 Aug 07 #1788 by MonkeyMagic
Topic started by MonkeyMagic
I jointly own 2 properties with my ex partner. We were not married and have 2 children she has a daughter from a previous marriage. I have 2 flats one which is rented and the other was rented but I now live in it, both are mine and she has not contributed to them at all.
I am still paying 1/2 of the mortgage of the property she is still living (£350 per month).
The house that she is living in is sold subject to contract and the other is rented.
I used a solicitor to severe the tenencies of both properties so we are 'tenants in common' and a will has been written so my 2 children benefit from my estate.
He wrote a letter to her indicating that on the sale of the property we were living in I would want my 1/2 share and other monies that were owed to me and the other property will be given to her.
Since this letter was sent to her I have realised that he did not mention that I could have equity in the other house, which I have now discovered is now worth £160,000 of which approximately £100,000 owed on mortgage. This would therefore owe me £30,000. He also got the money calculations wrong therefore leaving approximately £4,000 off my share!
I did not see a copy of the original letter and had to request this at a later date.
I wrote the proper terms down and asked him to write to her with the correct proposals. He did indicate that she would most probably stand by the 1st letter, which she has.
I have since aksed another solicitor to represent me and I have written to my other solicitor indicating my concerns and that I wish for him to no longer represent me.
Where do I now stand? I am at my whits end! The £30,000 I am potentially losing is my childrens inheritance and not my ex partners daughters!
Have I got any chance of this being resolved fairly?

  • Fiona
  • Fiona's Avatar
  • Platinum Member
  • Platinum Member
More
07 Aug 07 #1798 by Fiona
Reply from Fiona

  • MonkeyMagic
  • MonkeyMagic's Avatar Posted by
  • Junior Member
  • Junior Member
More
08 Aug 07 #1828 by MonkeyMagic
Reply from MonkeyMagic
Thankyou for your help Fiona.

I just need some piece of mind as he did not even advise me that there maybe equity in the other property or to get it valued!

Are there any other people who wish to comment also?

:unsure:

Moderators: wikivorce teamrubytuesdaydukeyhadenoughnowTetsSheziLinda SheridanForsetiMitchumWhiteRoseLostboy67WYSPECIALBubblegum11

The modern, convenient and affordable way to divorce.

No-Fault Divorce £179

We provide the UK's lowest cost no-fault divorce service, managed by a well respected firm of solicitors. 


Online Mediation £250

Online mediation is a convenient and inexpensive way to agree on a fair financial settlement.


Consent Order £259

This legally binding agreement defines how assets (e.g. properties and pensions) are to be divided.


Court Support £250

Support for people who have to go to court to get a fair divorce financial settlement without a solicitor.