Settlement

Both age 50, 2 girls 16& 18 live with me. Stbx £45k me £13k equity in house approx £190k he has pension £65k me none. Any ideas on fair split. I'm trying to get full time job but will still struggle to run home . He wants 50/50

How much is a three bed house where you live?
Are you claiming any benefits you are entitled to?
What is 18 year old doing work/study wise?

Small 3 bed house is £170k

18 year old just sitting a levels then hopefully getting apprentiship

16 year old doing apprentiship

Claiming uc and child benefit for 18 year old but that will stop in Sept along with cm that stbx is paying. Can't claim anything for 16 year old

Where is your ex living?

Would you be able to afford the mortgage and running costs of the house from your own resources for a couple of years until youngest is 18?

That would at least delay the cost of selling for a few years.

He is renting a flat.

No I can't afford the house on my own and ex has new girlfriend now he is just wanting it sold and his chunk of money let's say his wife and kids are his last priority.

I just wondered if anyone could give an idea of fair split on assets really buy thanks for yiur reply

Have you looked into any benefits that may be available once no children are involved? Even if only until you find full time work.

Will you be able to afford to run a house of similar size with whatever your daughters will be contributing?

Who is currently paying the mortgage?

The problem is there isn’t a lot of assets to split even if you have the majority and you wouldn’t be able to afford to run the house anyway.

Have you looked at the cost of renting and whether you would qualify for help with rental costs?

Hi thanks for your reply

I've looked at benefits I cannot see I'm entitled to anything short term?
My ex and I are paying half mortgage each I cannot afford to stay in famiky home but if I got approx 170k equity I woukd be able to buy mortgage free and afford bills with full time job that would only leave him approx 50k but he has much higher earning potential so could use this as deposit. He thinks we should get 50/50 so would not be happy with 50k

What would the courts say? My need is greater than his ?

I'd really rather not rent if possible as woukd just eat away my equity