married for 10 years me 44 her 39.
our son lives with me in the FMH
house worth £85,000 mortgage £28,500
endowment worth £8,000
debts of £1,860
i work full time and have income of £1,363
she works part time and has £250 plus housing benefit of £348, there is no reason why she can not work full time, but will not till after divorce so she gets legal aid.
she is also cohabiting he will not work but spends day in pub.
our son spends 7 hours every other saturday with his mum.
i have a pension worth £29591 frozen when i was made redundant october 2006.
she cliams not to have one but i believe she has paid into one since november 2006
she is not paying any cm.
could anyone suggest a likely settlement.
if i was to suggest a lower settlement figure for her instead of me claiming cm would this be accepted by the courts.
As you are the main carer. I would guess a 60/40 split with you keeping the house till son is 18. As net assets are about £63k inc P. Offer her £35K and see what she says. If you dont have a lump sum she will have to wait till child is 18 with a charge on the property and she will get the money then. CM is usually 15% of her income which you could ask the CSA to assess on her.