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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?

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If she entitled to half IF....?

  • WPM
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02 Aug 12 #346942 by WPM
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Thanks for reading this.

My ex-girlfriend''s name is on the mortgage but she has never contributed anything financially. I have supported her financially for nine years and the only income has been my salary.

Can anyone help let me know where I stand?

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02 Aug 12 #346950 by cookie2
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Whose name is on the deeds? Are you married - either to her, or to anyone else? Is she?

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02 Aug 12 #346953 by WPM
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Hi, Both names are on the deeds. Neither of us are married, to each other or any other person.

My ex asked if her name could be added to new property when I sold my previous house, to give her a sense of security. Although she has never made any financial contribution.

Although I have contributed 100% of deposit and development costs I have a very fair goal in mind. That is to sell the property and settle debts (incl. estate agents fees, mortgage redemption, loans, credit cards balances, etc.) with the proceeds, then divide what''s left 50/50 ...so we both start single life debt free and so she has good amount of cash to support my children.

All credit cards, loans (other than mortgage), etc are in my name.

  • hawaythelads
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02 Aug 12 #346954 by hawaythelads
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She owns half the house then and is not liable for any of the mortgage.
Oldest trick in the book.
All the best
Pete x

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02 Aug 12 #346955 by cookie2
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Yes she is entitled to half of the house. If you sell then you can pay off the mortgage and estate agent fees, and split the remainder 50/50.

However, credit cards or other loans/debts can''t be taken from the house money. If these are in your sole name then they are your sole debts.

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02 Aug 12 #346956 by WPM
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Thanks Cookie2, greatly appreciated.

Feel rather stupid walking into this trap but I take it all assets solely in my name are safe? Car, rental properties, and so on?

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02 Aug 12 #346959 by cookie2
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Yes, since you are not married, everything in your name is yours, everything in her name is hers, and everything in joint names is 50/50.

Look on the bright side, if you were married with a kid then you''d be much much worse off.

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