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Hum, a healthy amount of trust is good but you really should verify this. You can get a very rough valuation on the internet sites such as www.zoopla.com. Or you can get an estate agent round yourself for another valuation. There''s nothing wrong with this, in fact it''s very common to get 3 valuations and take the average. Estate agents don''t always agree with each other.
suggested that we accept offers above £165,000.00 (although this is what my husband said as i wasnt there but i trust him).
DO NOT LEAVE THE HOUSE
My husband wants to buy my share of the equity and remain in the house. i would love to keep the house but have a part-time income of only £740 per month. We have 2 children aged 2 and 5.
Presumably he has a full time job with a decent income, and you will be the primary carer after you divorce? So, tell him that you are not leaving the house, and that you want it transferred into your name. This is exactly what any court in the land would order. A mother and 2 young children would never be made homeless. Start showing HIM rental properties that HE can afford.
Well, he is in for a shock then. Guilt or blame has absolutely no bearing on the financial resolution of a divorce. You can feel all the guilt you like but do NOT move out. Think of the children''s best interests. It is not in their interests to be left in a house alone, or to be dragged off into some crappy rental flat with you. It is in their interests to remain in the home and for you to remain with them.
I think he automatically decided that as all this was my decision I should be the one 2 move out and tbh I do feel very guilty.
The answer to that is spousal maintenance. He has a duty to maintain his children, to keep a roof over their head and their primary carer (ie. you). So what will most likely happen is that he will move out, and will pay you an amount of money each month to cover the mortgage and your other expenses.
He has a very good job
I don''t see how I could take the house on by myself on my salary
No it wouldn''t, if you have a divorce petition, and a Consent Order or court application. It would in fact be very simple.
And that''s if I could convince the OH to move, which would be nearby impossible!
Well, he is going to gte a shock when he re-joins the real world. CSA currently say for 2 children, 20% of income, so that is £400 right off the bat. And then there is spousal maintenance on top. He is not going to get off nearly as lightly as he seems to think.
says he will pay £200 p/m support, altho he earns on average £2,500 p/m