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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.

 

Complex D81 - help

  • JanetJJ245
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28 Apr 25 #525697 by JanetJJ245
Topic started by JanetJJ245
My ex and I have agreed to me keeping the house (for now) with a partial equity release of 20% to him on divorce finalisation (£100k) and 25% in 6 years when youngest child leaves school. We now need to get this set out in financial Consent Order. How do we show this on D81, as section 10 asks for property capital split after order but the value of the 25% in 6 years will be determined by the house value at that point? Or do you still use the current property valuation?

  • WYSPECIAL
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29 Apr 25 #525702 by WYSPECIAL
Reply from WYSPECIAL
It’s usual to do it based on value at the time of the trigger event.
After six year more of the mortgage will have been paid off and there may have been house price inflation so 25% will be a different figure by then.
Are you putting in any other trigger points such as death, remarriage, cohabitation etc?

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