STBXH likely to make this a slow process. Do i get the house valued now?

(6 Posts)
Soopermum1 Sun 30-Oct-16 14:52:02

Been separated about a couple of months. Divorce applied for. STBXH reckons he won't sign anything unless his 'demands' are met (crazy demands).

He is no longer living in the house (restraining order for 18 months) so in one sense I am inclined to wait it out and wait for him to come to terms with it all and enter a more sensible negotiation, as long as i kepe an eye on that 18 month timeline. However, I live in London, and the house is likely to rise in price. Am I able to get the house valued now and present that? Or is the house's value at the exact point of the financial settlement the only thing that matters?

I intend to buy him out, but will become increasingly difficult the longer this drags on and the higher the house prices go. I will probably have to get an evaluation from the bank when I apply for a greater mortgage to pay him off.

TIA

Soopermum1 Tue 01-Nov-16 14:59:03

Anyone? Hopeful bump. Got a letter and a text from him spelling out that he will prolong the divorce and knows that the house will go up in value and he'll want 50%. I can possibly pull together enough money now but not if the amount goes up

AnnettePrice Wed 02-Nov-16 10:59:21

Who is paying the mortgage?
Also it is not always 50:50, there are quite a few factors.
Have you seen a solicitor about your finance split due to divorce?

MrsBertBibby Wed 02-Nov-16 12:07:51

The value at the time of settlement is what is relevant.

Soopermum1 Wed 02-Nov-16 21:26:34

Thanks for responses. Yes I have seen a solicitor but am wary about engaging her too much before we get into the nitty gritty due to cost. I want more than 50/50 as I am supporting the children and paying the mortgage. Am not really looking at it in percentages but more a case of what I can raise to pay him off. I don't expect my earning capacity to go up dramatically in the next few years but the value of the house will sad

notmrscookie Fri 04-Nov-16 07:07:18

Include all capital such as pension, saving, cars etc

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