H and I are having an acrimonious divorce. We have been together for many years and bought our first house 20 years ago. That said we haven't particularly benefitted from the property market and we bought a house last year and have 22 years left on the mortgage to run. There is about 200k in equity.
In 22 years, H reckons the house could be worth 2m (it is in London) so he wants half the equity in 22 years. He has said he will accept 1/3 of the equity. I do not want to give him this. I have to bring up the children (our youngest is 2) on my own for 22 years. he is adamant it is right he will get this. He has no pension.
My solicitor says I don't have to worry, he won't get the equity. But I am worried!
Can anyone advise on this? I suppose I am happy to give him a share of the equity at today's value (albeit in the future as I can't buy him out now).
Thanks!
Please or to access all these features
Please
or
to access all these features
Here you'll find divorce help and support from other Mners. For legal advice, you may find Advice Now guides useful.
Divorce/separation
FInancial Settlement - how likely is it H will get a future share of the equity rather than a fixed sum?
40 replies
HenriettaBarnet · 05/05/2015 15:25
OP posts:
babybarrister ·
05/05/2015 21:53
This reply has been deleted
Message withdrawn at poster's request.
Don’t want to miss threads like this?
Weekly
Sign up to our weekly round up and get all the best threads sent straight to your inbox!
Log in to update your newsletter preferences.
You've subscribed!
Please create an account
To comment on this thread you need to create a Mumsnet account.