My h and I recently separated and have been locked in feud over the financial side of things. Up until now he has been an arse but overnight he appears to have had an epiphany and has put forward the below proposal. I am jaded. I am scared to trust him so would like some input and insight from others if possible.
He agrees I can stay in marital home until youngest finishes school at 18 (she is only 2 now) at which point we sell which was always our intention anyway.
When sold we both take out what we put in initially when we bought the house (my investment was substantially more than his). The amounts have been agreed.
We then split any further profit 50/50.
Maintenance: he will pay me half the household costs until youngest is 18. This will be regardless of what I earn in the future. At the moment I do not work. Until youngest is in school he will pay me same as he did before he left less the amount I get in child tax credit. He pays me this amount currently as I take care of all finances etc. and everything except mortgage is in my name only.
What do you all think? Do you think its reasonable? It seems so to me with pros and cons but I need some outside perspective!
You can only get advice from someone in possession of all the facts. You'll need at least half an hour with a solicitor for them to get enough info to be able to offer an opinion. Look for one near you on the resolution.org.uk website.