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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.

 

property particulars / housing needs

  • Oompaloompa
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10 Apr 24 #522860 by Oompaloompa
Topic started by Oompaloompa
morning - representing myself in financial settlement as spent £6500 so far and got nowhere with my ex husband. Can anyone tell me how I go about presenting "3 sets of property particulars showing what their case is likly to be on housing need for themself and the other party". form E's have been exchanged. Does it mean I have to find x3 properties that my ex can afford? Is there a format for presenting the information? Sorry for all the questions...

  • rubytuesday
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10 Apr 24 #522861 by rubytuesday
Reply from rubytuesday
You may find our guide on this topic useful - divorce.wikivorce.com/library/divorce-fi...rty-particulars.html

You need 3 separate sets of property particulars that meet your respective housing needs - the first page of particulars is usually enough as long as it shows property type, no of bedrooms, area and price.

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11 Apr 24 #522866 by Oompaloompa
Reply from Oompaloompa
thank you for the info which I've already seen ... sorry I didnt explain myself properly - its the format for presenting the property particulars that I'm looking for please

  • hadenoughnow
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12 Apr 24 #522871 by hadenoughnow
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You just send the particulars for inclusion in the bundle. It's worth going to view the properties proposed so you can explain your position on their suitability if the judge asks.

If you know mortgage capacities you can look at what is affordable and set out your reasoning in your proposal to settle.

There will be things to consider like proximity to schools, friendship groups, community of support etc.

Hadenoughnow

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13 Apr 24 #522879 by Oompaloompa
Reply from Oompaloompa
thank you - its a frustrating exercise, as the matrimonial home was never owned with my ex husband. It is owned by my mother (70%) and myself (30%), and I can't sell 30% of a property. Also, I have care of our two young children and I need to live within 5 miles of their school and I cannot borrow anywhere near enough to buy a property or rent (which is very expensive). I've found x3 properties that meet our housing needs but are totally unaffordable. However, based on his borrowing capacity I have found x3 properties within 15 miles of his place of work that he can more than afford.

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