To wonder if anyone has any idea what my divorce would go like?

[SquashFeet]

Situation - I currently work casual hour contract but can get a full time job tomorrow if I wanted one - so let's assume I go for divorce and get set up in a full time job. I'd earn £22k.

DH earns £35k. We have no kids together and my son (who lives with me) is 17, on an apprenticeship.

We've been together 6 years, married for two.

We bought the house together and Ian it jointly. We paid £140k and it's now worth around £170k. He put £20k into it at the beginning, I put £5k in but as I said, it's jointly owned and we've both paid mortgage and improvements since we moved in 5 years ago.

I could afford the mortgage on my own (£480 a month) but couldn't afford to buy him out. Which is a shame as I'd love to stay here.

He has a pension, I don't because he didn't want me paying into one.

Any idea in what divorce settlement is likely get?

You'd be better posting in divorce and/ or legal.

Ss a complete layman surely you would have to sell to give ex his deposit back and half the equity.

Or friend negotiated to keep house and her ex signed it over if she didn't touch his pension. Tbh not financially wise but she got legal advice and made best decision for her

But she had been married longer

I don't want his pension but in an ideal world I'd get to keep the house - could I get a loan to buy him out or am I being unrealistic?

A marriage of two years is considered very short and therefore you aren't usually entitled to anything from the other spouse (e.g. pension)
As a previous poster did you would both be looking at taking out what you put into the marriage.
If it can be agreed amicably then you may be able to come to some arrangement over the house in order for you to stay. But I imagine your husband would need his share of the money from the house in order to move on.

From personal experience the more you can agree between the two of you at any early stage the better. Solicitors and time tend to enflame the decision making process!

From my calculations your husband would be owed 35k - if you went full time you may be able to increase the existing mortgage but this would mean keeping it as a joint mortgage.

Start your own pension, ask if your employer puts free money into your work pension, it's free money !

Did he protect his initial 20k investment legally? How much equity is in the house?

I don’t think you’d be able to stay.

You’d need to give your husband £35K (£20k deposit & £15K increase in value over 5 years). The mortgage presumably is about £100K outstanding, so you’d need a mortgage of £135k minimum on a salary of £22K. So I think that’s a non starter.

If your DS is nearly an adult you don’t need to house him much longer? So you should be able to start again with your equity in a smaller flat, though.