We have a house, joint names, huge mortgage. My wife has a small job (self employed) that would not pay anywhere near the monthly repayment. I worked out on a 50:50 split of assets she would walk away with around 400k cash plus CM.
I am going to propose that she leaves the mh, buys another property and I take over the mh. I am prepared to give her 50% of the equity and also 50% of the deposit i.e. buy her out if she wants. I want to stay as it is not only my home, but my office as I run a small business, that I set up in March this year.
My question is. As she is walking away with a fair amount of cash, can afford to buy a 3 bed place for her and the two girls, would the courts be able to force me to sell? I can afford the mortgage etc, but as I say it is also my place of work. I will also keep two beds for the children as we are seeking 50:50 custody.