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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

Divorce equity split

5 replies

Mooey89 · 15/02/2022 09:48

I will of course be getting legal advice, but I’m trying to do this as amicably as possible.
I paid 20k deposit for my house.
It’s jointly owned with STBEXH.
We’ve been married 3 years, together for 6.

The house has increased significantly and we have just agreed an offer giving 110k equity.

Over the years I have paid £100 more to mortgage each month.

He is soon moving out while the sale goes through, I am porting the mortgage to avoid the early repayment charge.

Initially we spoke about me taking back my 20k, him having 11k because he paid for new bathroom and new front door? And gave me some money from an inheritance to pay towards debt (gift, around 2k).

We then agreed the rest would be split 50/50.

I have a son, aged 8 (not his)

I agreed this because after 6 months of living together post split I honestly just wanted him out but now I’m not sure it’s fair?
Someone mentioned that my initial investment has grown and should be reflected in percentage.

Is this right?

OP posts:
Aprilx · 15/02/2022 09:54

I think it seems reasonable. Your starting point is 50:50 because you were married with no no shared children. But as it is a short marriage, but not a really short one, there should be a nod to your original contributions, which you have done.

I think reflecting market growth on your £20k is just getting silly, you could then say the new bathroom he paid for would impact value more than general market appreciation so adjust for that too.

You have something you have both agreed on and it looks quite reasonable.

Tinkywinkydinkydoo · 15/02/2022 10:00

Unfortunately divorce isn’t about what’s fair, it’s about what the law says and as a starting point everything is 50/50. You should try posting on the Divorce or Legal pages as you’d get more specific advice about your situation from posters there who have been through the same thing.

BlondeDogLady · 15/02/2022 10:10

Did you buy your house before you met him?

Mooey89 · 15/02/2022 10:14

@BlondeDogLady no

OP posts:
AnotherDelphinium · 15/02/2022 10:32

I think they’ll also want to ensure your son is housed appropriately because although he’s not a child “of” the marriage, he is still a child of the marriage, and as such you maybe entitled to a bigger share to ensure his well-being.

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