Equity in house during a devorce

[Knockerefc]

Will someone please please simplify it for me. I am really struggling to get my head round this.
It's a 50/50 split. she is keeping the house. I paid the deposit 13 years a go of £11000 on a mortgage of 120000. She says after fees I get about £20000.
The house is now worth £160000. We have 17 years and £106000 left to pay.
Help anyone.

If she's been a teacher for 14 years, I would estimate that her pension is worth around £100,000.
I think you need to be including that!

Re the pension .. she will have been paying 10% of her monthly salary for 14 years and the government will have contributed similar every month.

Agree. Pension alone probably worth more than £60k if you factor in 10% annual appreciation each year compounded interest.

You definitely need to be including the pension in the overall pot. And also your own.

Don’t agree with pp who said deduct the deposit. Everything put into the matrimonial home after a long marriage (over 10 years) is joint property. If it were dealt with differently, my contribution of 90% of the marital home from deposit pre marriage and inheritance would still be mine on divorce. It’s all about reasonable needs moving forwards, so everything could in effect count. Google MCA section 25.

Please don't discount your pensions - the teachers pension has a high rate of contribution from both employer and employee and will probably be worth several times as much as yours (and much more than the whole house equity) if all you have is the state scheme.