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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.

What happens if the house sells but finances aren't agreed?

3 replies

Allnewtometoo · 26/06/2024 12:42

Just that really. We haven't agreed finances as yet. I'm keen to get it done, he's awkward...he wants the house sold and at this stage I'm inclined to agree.

But, what happens to the equity if the house sells before the consent order is done?

OP posts:
5DivorceHelpPlease · 26/06/2024 13:03

You can agree (written signed agreement, not verbal) before the sale to keep the funds with the conveyancing solicitor, if they allow it, until such time as you agree the split. Neither one is allowed to draw on the capital until you both agree.

Allnewtometoo · 26/06/2024 13:17

Thank you.

OP posts:
Jonathan70 · 27/06/2024 17:37

In my case, the conveyancer solicitor held it until the financial consent order was approved. My divorce solicitor also offered to hold the funds, as did my ex wife’s (if the conveyancer had said no). In our case, though, it was a matter of weeks rather than months.

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