H and I are soon to separate (after a bolt from the blue delivered to me 3 weeks ago). He’s found a flat nearby and DD5 and I will stay in the family home, which we own (mortgage £1000/month).
We must now decide how much he should pay towards DD and his other domestic financial obligations after he moves out. We both work full time, and he wants to have 50/50 residency (the prospect of which kills me, but that’s another story) , in which case there will be no maintenance to pay. So, I’d propose that he continues to pay his liabilities, i.e. half the mortgage and house insurance. Presumably this is OK since he’ll continue accruing equity. But what about utilities, after school childcare fees, and other expenses relating to DD, e.g. clothes, clubs, etc.? Lots of this is the wifework that I’ve always managed from our joint account, so will probably continue to do so, though not from a joint account any longer.
As he’s going to be significantly poorer than before after £900/month flat rental, he also wants to reduce our mortgage to interest-only until we decide what we’re doing long term (I’d like to buy him out ultimately). Is this wise?
As things are so raw, I don’t yet want to do a formal separation agreement where the division of assets is decided. I want to be fair but I’m also extremely angry that he’s put us in this position without warning, so am not willing to make things easy for him at the risk of disadvantaging me and DD. Or AIBU to ask for contributions beyond the mortgage when we're going 50/50 residency?
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Divorce/separation
Separation with 50/50 residence: how much should H contribute to mortgage and other expenses?
desanto · 19/10/2018 13:46
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