Been together 10 years, not married.
2 children together. 7 & 5. The 5 year old has severe SEN.
No savings so that’s not a problem.
We have a house in joint names though.
The house has approx 80-90k equity.
Just to make it easy. Mortgage on the house is 110k with the 90k equity.
I want to keep the house and stay here with the 2 children as our son is at a special needs school that is brilliant and our daughter also goes to a good local school.
Iv did benefit calculators along with my wages and I can afford to pay all the bills and the mortgage without him.
So how does it work? Do I have to pay him half the equity straight away ? Can he MAKE me sell the house even if I can remortgage and pay him out ? Can I have something written to say I owe him 50% of the equity at today’s value (45k) and pay it when the children are 18? (Unless I sell before)
Am I entitled to have slightly more equity as I will have main residence of the children say 60% me, 40% him? Or 55,45?
I have an appointment with a solicitor Friday but I thought I would ask here to see if anyone else has been through something very similar ...
Thank you!
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Divorce/separation
Splitting up but not married
8 replies
Howdoyoudoit31 · 22/10/2018 19:22
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