Is this a "fair" split?

[ooerrrr]

Divorce application had been made and I am about to book mediation. We have 20 weeks before conditional order is granted.

Would appreciate thoughts on what constitutes a "fair" split for our situation.

No savings, only assets are similar mediocre pensions and our house which will have to be sold. Hope to get a ball park figure of around £600k after mortgage paid off. Last year I out in my full inheritance of £100k to bring the mortgage down.

Both work full time, similar average salaries.

2 DC (19 at uni) and 16.
Realistically they will both live me for the foreseeable (DS home during the hols)

Initially I did envisage a 50/50 split but that leaves minimal scope for me to buy a 3 bed property unless I take out a mortgage, which I'm loathe to do.

Should I be asking for more or given that DD is nearing adulthood would the court not take this into consideration?

Sorry should say 10 weeks left before conditional order

50:50 is probably a fair split. Your housing needs are both broadly the same. Which would be a 2 bed property. You might be able to argue his is a one bed. But I would say this is a stretch If 300k buys the two bed. Then your needs are met and it would be about equalisation.

The university student isn’t relevant and if you want a bigger house you will need to fund that yourself or get his agreement for a bigger share.

Thank you.
Can I ask why student DS is irrelevant? Is he not entitled to a bedroom whilst still in full time education?

over 18 are classed as an adult even if a student and not considered in housing needs ( rightly or wrongly )

are yiur earnings similar?

I see, thank you.
DH earns a bit more than me, not a huge amount though

Other considerations - are you both of a similar age and so have a similar remaining time to work and earn money? Who was the main carer for the children and did that person's career and earning capacity take a hit? Are the any health/disability considerations? Is your STBX likely to be fair about the extra £100k in the pot very recently due to your inheritance? I would seek 55/45 split. Worth talking to a solicitor to get guidance based on your specific circumstances, especially re the inheritance.

Similar age, no disabilities.
I was a SAHM for 10 years when he got a very demanding job (he has since left).
He shared everything but I had no pension during that time

I would be pushing for a clean split more in your favour to reflect the v recent inheritance and enable you to rehouse as you will be primary carer of your youngest, so maybe 60-40. Your starting point has to be your individual mortgage capacity and the cost of rehousing you both. Equally equality of income in retirement is a baseline regardless of time out caring for kids which is why pensions should be kept separate from assets and split 50-50.

yiure looking at 50:50 unless he agrees to ringfence your inheritance op based on what you say here

your needs are the same
your pensions pretty much same
earnings pretty much same
ages sane
I expect doesn’t want a mortgage anymore than you do

Does dh have any inheritance? I'm not sure but is it worth investigating if your recent inheritance is taken into account?

He will be due an inheritance, probably at least double mine. Elderly parents but still well and in own home.

This.

Second year uni students often get a 52 week contract for shared house/flat or similar.

Post divorce I bought a house with space for both of mine and they don't come back.