House buying question

[NorthAngel]

Hello,

Does anyone know if I can purchase a house (which I need to) and have it ring-fenced? My husband inherited a house following our separation two years ago and had it ring fenced so it isn’t being added to the marital pot.

I just wondered if I could do the same with a new purchase on a house (I have to sell the 4 bed family home to give him his share and as it’s too big now)? There are new build developments in town and I keep missing affordable buys as I they won’t let me put a deposit down as my house isn’t on the market. I also think purchasing another house would be more beneficial for myself (to avoid people doing views all the time and trying to keep the house tidy when working in a stressful FT job) but also for my daughter who needs to be nearer to school and is doing GCSE exams soon.

The reason it is delayed (the settlement) is because the offer I getting is pathetic and my solicitor group are rubbish.

I want to move on with my life and as it’s approaching two years I am getting more impatient.

Can I move to another property in this way and get the house on the market afterwards? I could then ask him to pay half bills on the empty property.

I’m not sure what you are asking? Or why? If you use marital assets to buy the property it will not be ringfenced. Nothing is ringfenced until a judge says so. But the likelihood is that property inherited after a split will be ringfenced if the other marital assets are more than sufficient to meet needs.

As to your idea to leave the property empty. Remember if current home is mortgaged you cannot leave it empty under T&T and your insurance will be void. This is a huge risk to a major asset. A bad idea for both of you.

He could move back in and rent his other property out. Indeed I would do that rather than leave it empty. This could get even more difficult for you.