What am I entitled to?

[furryboots12]

Can I expect half the house or should I ask for more?
We have a joint mortgage and 8 yrs ago I inherited £70k and spent it on an extension. Now he’s not earning as he started a business that’s not profitable (yet? 🙄) so he won’t be contributing child maintenance once he’s moved out.
I’ll hopefully get to stay in the house with the DCs and pay the mortgage and all child costs alone.
we have a bit in a savings account that I assume we’ll just split.
neither of us has much worth shouting about pensions wise.
whats the norm? Would we just split the savings and I buy him out the house 50/50?

If he’s not earning you may end up with less than half

tiu need to consider all assets inc pensions, savings, equity.

then look at needs. You both need to house yourselves and both need somewhere suitable for children so needs the sane

tour ability to raise a mortgage might be higher or better in which case he might argue he needs more equity

will depend on many factors

Thank you! I had no idea that was a consideration

Interested in the answer to this too @millymollymoomoo - does that same principle apply if one half of the divorcing couple voluntarily leaves paid employment? Mid 50s. Muttering about early retirement.

Yes same principles could apply

however earning potential could come into play and courts will always look at someone’s ability to earn. Mid 50s they could possibly start drawing pension to allow retirement

lots of factors considered including ages, earnings, ability to get mortgages, assets available, both parties needs etc etc