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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.

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The four basic steps to reaching an agreement on divorce finances are: disclosure, getting advice, negotiating and implementing a Consent Order.

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A Consent Order is a legally binding document that finalises a divorcing couple's agreement on property, pensions and other assets.

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1 residential and 1 BTL propery

  • Chesterfield3
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11 Aug 12 #348886 by Chesterfield3
Topic started by Chesterfield3
seperated not divorced or in mediation yet...
we have 1 btl property interest only payments
1 residential repayment payments joint names
would the two be treated on an equal basis in mediation and settlement?

im living in btl as a tempory measure as its affordable.

im a newbie so please be gentle.....

  • eyes on horizon
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11 Aug 12 #348893 by eyes on horizon
Reply from eyes on horizon
Same situation mate and we are done and settled, I kept the byl and she kept the residential. Will me selling this one in a few years and my partner lives with me. Tbh the mortgage co sends me correspondence to this address and although I have never formally told them I live in it I think they must have an idea. U pay for the privilege of btl so as long as they get their dosh they aren''t fussed. And the courts don''t care what type of mortgage it is, here are two properties in the pot and that''s all they are viewed as.

  • Chesterfield3
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16 Aug 12 #349804 by Chesterfield3
Reply from Chesterfield3
Thanks for taking the time to reply Eyes, thats one off the list....

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