First time posting in this section.
I separated from my DH a few weeks ago and am planning on filing for divorce in the coming weeks based on his unreasonable behaviour (abusive relationship amongst other issues).
We have been married for 3 years and together 9 years in total.
We have had an initial conversation about finances and I would really appreciate everyone's thoughts.
Our only real matrimonial asset is our home. It's now worth about 650k and we purchased it about 5 years ago for £450 then renovated.
When we bought our house I had no savings so my DH paid all of the deposit (about £130k) from the sale of his flat he had before we were together. From the sale proceeds of his flat he also put in an additional 50k towards the renovations and his parents gifted us both a further 50k to help us renovate the house. Over the past years I've paid about 5k towards the renovations.
DH thinks that a fair split of our home's value once sold would be;
Mortgage repaid (£330k)
He gets back his deposit (130k)
He gets back the 50k extra he put in (as this was all from the sale of his flat)
Then we split the remaining equity 50/50
For content I have paid half the mortgage since May last year and before that (when I earned less) I paid 35% he paid 65%.
If I agree to his suggestion on what he thinks is fair I would walk away with approximately 60k. Enough for me to have a nice deposit for my own flat as I now earn decent money
Or, as we are married and the starting point for division is 50/50 should I push for more. 50% of the equity could be about 150k.
I'm morally torn. If I didn't have him I wouldn't have even had this house. I had nothing, I put nothing in. But I don't want to screw myself and legally I can push for more.
What would you all do? Keep it amicable and walk away with enough to start again or ignore morals and go for what the law says.
We do not have any children so this would be a clean break by consent order.
Thanks for any advice xx
Is this fair?
NextChapter2019 · 02/02/2019 13:22
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