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Divorce/separation

Here you'll find divorce help and support from other Mners. For legal advice, you may find Advice Now guides useful.

Financial agreement

3 replies

easyandbreezy · 12/04/2023 16:18

If I sign a financial agreement drawn up by ex's solicitor is it legally binding?
Also is it normal practice to agree to a percentage of a house sale before the house has been valued?
TIA

OP posts:
tescocreditcard · 12/04/2023 16:21

If you sign an agreement
It's both legally and morally binding yes. Also normal to agree house proceeds on a percentage basis yes

easyandbreezy · 12/04/2023 16:32

Thank you so much for your prompt reply

OP posts:
millymollymoomoo · 12/04/2023 17:28

It’s not legally binding unless you have a ratified consent order sealed by the court

u tip then it can be changed

it’s usual to agree % based on projected valuations and expected sale outcones

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