Seperated and thinking of Divorce

Hi,

This is my first post so please be kind.

I am currently waiting for my wife to move into rented accomodation (seems to take ages) with my daughter (age 5). She wants out - house and me. It is currently amicable-ish but strained since she has a new 'friend' already.

We have agreed amicably that I will take the house and all the debt with it (negative equity unfortunately about £20k) and I am getting my parents to provide 5k so she has a soft landing. I will also pay Child Maint of about £400 per month.

I bring home about £2,900 but after all our debt is paid there is only about £400 left (not to good with finances) - thats after child maintenance.

My question is - is this fair from an outsiders point of view / should she get more and how do we make this a reality rather than a conversation ?

Welcome. Lets hope you get good advice here !!! My first word is STOP. Read your post again and then look through the site fully.
Im an outsider here so my views are mine but lets see what others say.
1/ You are amicablish??? Yet shes got another friend already? Time to check up on why things went wrong as I was fooled for years and a year later she still thinks we can be friends. Not after what I discovered.(maybe Im bitter!!!)
2/ You are in debt. Yep in debt now and you sure as hell will be if she runs off to a lawyer. From my viewing you are taking on the negative equity which is half hers.
3/ Why are you helping her by borrowing then giving her £5k ?
4/ Half the assets are hers so half the debts will be as well.
5/ Give her a soft landing ?. How would you feel if I asked you for £5k to fund my lifestyle with somebody else?
6/ There are rules on child maintainance. For one child its I think 25% of your disposible income. So from your figures she would only get £200 a month.
Lastly you are bending over backwards to help for some reason. Understandable as you have a kid. But where will you stand. Yep a house to live in but up to your ears in debt and still giving her £5k. Then you will struggle to rebuild on £100 a week. To pay your parents back will take a year if you dont eat !!! So how are you going to rebuild?
Sorry if I sound harsh but give somebody an inch and they will take a mile. And at this point you are probably not mentally strong enough to fight. Lets see what others reply to you!!! Plese read the site as its given me pointers and worried me/ soothed me according to answers given.