4.5 year marriage - financial help

Thanks

Did you live together before you married?

How much equity is there in the property?

If the marriage/relationship is less than 7 years and there are no children of the marriage it could be considered a short marriage. The rule of thumb is that you take out what you put in and split the increase in any property values 50:50. The same applies to marital debt.

Pensions would not normally be a factor in a short marriage. If there is to be any offset against equity, it would not be on a £ for £ basis. A considerable discount would be applied because £1 of pensionat some point in the future is not the same as £1 cash now.

The reasons for the divorce have no bearing on the finances. To remain in the property you would need to be able to take on any mortgage in your sole name.

Hadenoughnow

From the figures of £130k equity in the house minus the debts then you are arguing over £37k equity and £18k pension

I can't see much value in not just both taking £18k out of the house equity and leaving her with her pension.

The question is whether you can afford the remortgage amount to pay off your debts and pay her out

Thanks

So there is £80k of "personal debts" broadly split equally.

£40k house equity but £13k of debt so £27k of equity and an £18k pension.

How much has she suggested she wants of the house equity as given there is so little you look to be arguing over almost single figure £1000s. i.e. you take £14k vs her £13k or maybe £15 vs 12 if the pension is coming into play at all

Thanks

As there is only £27k equity what does a solicitor advise on a free half hour consultation? If there isn't equity someone can't request it