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What are we each entitled to in our divorce settlement?

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The four basic steps to reaching an agreement on divorce finances are: disclosure, getting advice, negotiating and implementing a Consent Order.

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D81

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Fluorine79
Posted by
New Member

01 Apr 25 #525568 by Fluorine79

Topic started by Fluorine79

Ive agreed a sum.with the ex and lawyer has drafted the d81.
however I need to add a date for when I will pay the amount and also a date for me to take over the mortgage.
I have no idea what date to put. I havnt applied officially for a mortgage yet but been told by a Broker i cam raise the £x amount but how do I know what date? The paragraph reads if I go past this date then I'll owe ex 8% . I've messaged my lawyer but she takes ages to get back to me.

WYSPECIAL
Moderator

02 Apr 25 #525570 by WYSPECIAL

Reply from WYSPECIAL

Where are you in the divorce process?
You want any deadlines to be a reasonable time after the court order is granted.
Presume it’s interest at 8% and not a lump sum. It might be better to get that changed to the house being put up for sale if you don’t meet the deadline just in case you run into problems when you do apply for the mortgage.

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Moderators: wikivorce team, rubytuesday, dukey, hadenoughnow, Tets, Shezi, Linda Sheridan, Forseti, Mitchum, WhiteRose, Lostboy67, WYSPECIAL, Bubblegum11

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