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Splitting up finances: what to do with the house

(4 Posts)
PeppaIsBack Tue 02-Aug-11 11:52:15

So H and I are divorcing but very unsure about the split of finances.
Mainly the issue for me is with the house. I am self employed (started last year) but the results for last year were negative. This year I should be able to make at least £4000 profit (but obvioulsy can not say for sure how much it will be). So in effect I am on a very low income and very unlikely to get a morgage soon..
H is employed and is earning a confortable wage.
We bought the house together when dc1 was one month old. He had a house that we sold. He had bought that house when we met (first time buyer for him) and we got married about one year later.

So what would be a fair arrangement in the eyes of the Court re who is staying in the house, what sort split of the value of the house etc...?
<<I have been on a website with a 'calculator' and the results it quite unconfortably with me>>
<<morgage is low so either of us could stay in the house and pay the morgage>>

Collaborate Tue 02-Aug-11 13:01:01

You would be serously unwize to rely upon any advice you get in reply to your post. Oh if it were so simple!

Find a good solicitor on the Resolution website.

PeppaIsBack Tue 02-Aug-11 13:03:48

Fair enough.
I have an appointment with a family law solicitor from that website so I will see what she says.

in the mean time, I was inetrrested to see what would be an 'average' fair agreement as it would me getting organized.

PeppaIsBack Tue 02-Aug-11 13:04:11

Thanks for your answer btw smile

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