she 1970 net me 750 net, she 60000 pension 165000 savings 16500 car 44000 inheritance from house sale, me 106,000 equity in my home bought before marriage married approx 2.5 years have 3yr old child who stays with her but i am trying for access, she says she has 40k debts from lending from her sisters after seperation, i have 2 children from previous marriage who stay with me every weekend, i can t raise mortgage as kincome too low but can afford mortgage on this house value 175000,she can raise 90k based on her income, am i likely to lose my home and what would be the best offer to give to her, i can lend off parents, help am getting nowhere with solicitor.
did you cohabit for any length of time before marriage?
On the face of it this is a short marriage .. so take out what you brought in. There is a child but she has sufficient savings to buy mortgage free property. You need space for elder children to stay.
You pay CM at CSA rate.
both are 42, we have 1 child together aged 3, at the moment my daughter is staying with her mother 7days as i am trying for access rights, i have 2 children from previous 16 and 18, who stay weekends and holidays.wewere married for 2.5 years before seperation, and co habitation prior to marriage.
ex income is 32000, 1977 net per month, mine is 9500, 732 net.
her e4 shows 1100 outgoings mine is 790 i get extra paid by my parents till divorce sorted.
her assets are 16500 savings, 60,000k pension, 16500 car and inherited 43500 from mums estate, mine is 175000 house bought and paid for by myself 5 years before marriage, i have 60k mortgage and 4000 tax liability to pay.we have no joint assets and have everything seperate no letters of hers ever came to the house during the marriage.
OK. In your first post you said her savings were 165,000. Now you say they are 16,500.
That is a big difference.
What will matter here is providing a home for her (as PWC assuming that is what she is) and your child.. That needs to be a 2 bed place but need not be owned. How much would a 2 bed place cost to buy? This is a crucilapiece of information.
As far as her "debts" are concerned, these are soft loans. Did she have written agreements about them and/or a schedule for repayments??
As far as possible, her inheritance should be left out of the equation.
Am not sure how the solicitor has reached a figure of 30%.