Separation and division of house

[Rocketprincess12]

My husband moved out 3 years ago - our 13 year old son lives with me in matrimonial home. We have had an offer to buy our house (son and I are relocating) - husband wants a split 60/40 in my favour - is this a good offer from him - will divorce later cannot cope with stress of moving and a divorce - any advice please

Will it leave you with enough money to house you and your child? If so then it sounds fair.

It should be 50/50.

It depends on loads of things, so we don't know if that's fair.

Who paid the mortgage for the last 3 years? Have you personally paid for any improvements in the last 3 years beyond routine decoration?

Hi the mortgage is fully paid - so i have just covered bills insurances etc - i work part time - husband is self employed so work varies but does average out a higher wage than me. Our son lives with me and doesnt spend any nights at his dads.

Tbh the 60% is not really enough to buy another place after moving costs etc. Friend told me if we can agree a split of the home it can be done by conveyancer and could sort out divorce after.

If you aren't divorced then sort it out as part of the divorce settlement. If you informally split the equity now, you will still need to do a financial disclosure and settlement as if this transaction had never happened.

So the home is jointly owned. Is it the only asset in the marriage? Pension?

Sorry for your situation . Suggest you see a solicitor for advice as only they in the knowledge of full facts can advise . Can appreciate you just want to get on with your lives but you do need to tie up all the loose ends in your previous one .

I have a pension not a big one though as i woek part time - the home is jointly owned.