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.

Mortgages & Maintenance

  • philmo
  • philmo's Avatar Posted by
  • Junior Member
  • Junior Member
31 Jul 12 #346511 by philmo
Topic started by philmo
Hi, I currently pay £645 pm spousal maintenance plus about £420 child maintenance and will do so for the next 5 years. I''m now looking to get a mortgage - does anyone know if a lender reduces this off my income for calculating the maximum loan I can take out?

Thanks for your help.

  • WYSPECIAL's Avatar
  • Moderator
  • Moderator
31 Jul 12 #346517 by WYSPECIAL
Reply from WYSPECIAL
Yes you will find the majority do. Worth shopping around though as different lenders have different criteria.

  • philmo
  • philmo's Avatar Posted by
  • Junior Member
  • Junior Member
31 Jul 12 #346519 by philmo
Reply from philmo
Hi - thanks for the advice - any idea which ones don''t?

  • cookie2
  • cookie2's Avatar
  • Platinum Member
  • Platinum Member
01 Aug 12 #346540 by cookie2
Reply from cookie2
Most lenders will ask you about all income and outgoings, and will probably want to see bank statements too. I very much doubt you''ll find one that doesn''t take this into account.

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.