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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.

 
  1. Advice
  3. Financial
  5. Divorce Advice Forum
  7. Financial
  9. Mesher Order

Mesher Order

  • Someday-maybe
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15 Jul 24 #523506 by Someday-maybe
Reply from Someday-maybe
No pensions.

I'm not in a new relationship - I don't know about him.

I absolutely agree this is about stability for the children at this point. The 16yr old will (probably) not still be living at home in 8 yrs, and if they are then I'd need them to contribute to Housing costs if I need to rehouse in a similar size property.

There is currently equity in the house, but I don't think I can access it through remortgaging as it's a shared ownership mortgage and I believe that I would have to staircase up (ie purchase the last 30%) before I could have cash and that probably wipes out the equity.

  • Someday-maybe
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15 Jul 24 #523508 by Someday-maybe
Reply from Someday-maybe
No pensions.

I'm not in a new relationship - I don't know about him.

I absolutely agree this is about stability for the children at this point. The 16yr old will (probably) not still be living at home in 8 yrs, and if they are then I'd need them to contribute to Housing costs if I need to rehouse in a similar size property.

There is currently equity in the house, but I don't think I can access it through remortgaging as it's a shared ownership mortgage and I believe that I would have to staircase up (ie purchase the last 30%) before I could have cash and that probably wipes out the equity.

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  1. Advice
  3. Financial
  5. Divorce Advice Forum
  7. Financial
  9. Mesher Order

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