The UK's largest and most visited divorce site.
Modern, convenient and affordable services.

We've helped over 1 million people since 2007.

 
Click this button for details of our
email, phone nbr and free consultations.
 

Divorced years ago

  • Tired woman
  • Tired woman's Avatar Posted by
  • New Member
  • New Member
More
24 Aug 22 #519859 by Tired woman
Topic started by Tired woman
Hi I was divorced years ago (13 years approx) sorted everything between us. There was only the house which I remortgaged myself to pay him out. Now I’m coming to the end of my morgage. Do I need to do anything. I lost touch with ex years ago but he is still around. There is only 1 son no other children for either of us
thanks

  • hadenoughnow
  • hadenoughnow's Avatar
  • Moderator
  • Moderator
More
24 Aug 22 #519863 by hadenoughnow
Reply from hadenoughnow
Was the house transferred to your sole name when you took on the mortgage??

Were/are there pensions to consider??

Hadenoughnow

  • Tired woman
  • Tired woman's Avatar Posted by
  • New Member
  • New Member
More
24 Aug 22 #519866 by Tired woman
Reply from Tired woman
Yes sought out and obtained own morgage in my name only which enabled me to buy him out. I paid stamp duty on the full value of the house as it was a sale. Then paid him 50/ of the equity as had it valued. There were pensions for both of us but he had a business so we agreed amicably He could keep the business and we would both keep our own pensions It was all amicable However, do we ever have to do the ancillary after all these years. I never want to see him again and he me

  • hadenoughnow
  • hadenoughnow's Avatar
  • Moderator
  • Moderator
More
25 Aug 22 #519870 by hadenoughnow
Reply from hadenoughnow
You do not have to have a legally binding order. It is advised to protect yourself against future claims. In your case, if he chose to claim, you could point to the clearly understood and executed agreement.
I would let sleeping dogs lie if the house is in your sole name.

Hadenoughnow

  • Tired woman
  • Tired woman's Avatar Posted by
  • New Member
  • New Member
More
25 Aug 22 #519871 by Tired woman
Reply from Tired woman
Ok that’s what I thought Ty so much. I just want to make a will for my son (which is his son ) and that’s what started me thinking. Ty again should we have done a Clean Break ?

  • hadenoughnow
  • hadenoughnow's Avatar
  • Moderator
  • Moderator
More
26 Aug 22 #519876 by hadenoughnow
Reply from hadenoughnow
You probably should have done. You may have got a slightly better deal. Unless you are worried about future claims there is probably no real need. Just make sure you hold on to the evidence about the payout from the house transfer in case it ever comes up.

Hadenoughnow

Moderators: wikivorce teamrubytuesdaydukeyhadenoughnowTetsSheziLinda SheridanForsetiMitchumWhiteRoseLostboy67WYSPECIALBubblegum11

Do you need help sorting out a fair financial settlement?

Our consultant service offers expert advice and support to help you reach agreement on a fair financial settlement quickly, and for less than a quarter of the cost of using a traditional high street solicitor.

 

We can help you to get a fair financial settlement.

Negotiate a fair deal from £299

Helping you negotiate a fair financial settlement with your spouse (or their solicitor) without going to court.


Financial Mediation from £399

Financial mediation is a convenient and inexpensive way to agree on a fair financial settlement.


Consent Orders from £950

This legally binding agreement defines how assets (e.g. properties and pensions) are to be divided.


Court Support from £299

Support for people who have to go to court to get a fair divorce financial settlement without a solicitor.