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Split of equity

  • Listener
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15 May 12 #330788 by Listener
Topic started by Listener
Hi. Is there any precedent regarding split of equity for a jointly owned house? Someone mentioned 70/30 in favour of the resident parent with children? Thankyou

  • hadenoughnow
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15 May 12 #330793 by hadenoughnow
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Percentages aren''t a very helpful way of looking at things. What really matters is needs and how they can be met from the available pot. This pot includes all assets - so savings, pensions etc all come into play.
Have a look at section 25 of the 1973 matrimonial causes act. This sets out what is considered when finances are settled on divorce.

Hadenoughnow

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