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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.

Deferred transfer of property

2 replies

Kenatelooks · 05/08/2025 23:28

Hi All

Me and my ex have 2 properties, we are both Co-Owners. He moved out, l stayed with our 3 children 16, 13 n 7.
He is currently pushing for us to do a financial order, each person removes the other from the house that they are currently staying in.
I am happy with this decision as it makes sure me n my kids have a home. My challenge is that he is pushing to get this done next year when remortage is due. I can't afford it yet and have offered to do it after 3 years when I'm financially stable n can get the mortgage in my name.
He is refusing.... he knows my financial position.
He has lawyers and also told me that he has attended a mediation session, n l have agreed to attend it too.
Im not interested in his money as he has a failing business n has made sure he doesn't look for a job, even though he can get a £100k job with his qualifications, he is a qualified chartered accountant and opened his own audit firm. He is offering us £169 per month for the 3 kids. He claims he can't find a job, so working as a driver instead. His last job was in 2022 and he was on £7k per annum.
I am really interested in keeping the home.... we have stayed in this house for 8 years... I dont want us to loose it.
What are my options here? Is my request unreasonable? Will l be forced to sell if l cant afford to take him off the mortgage? My eldest is starting gcse in Sep, my 2nd has been self harming due to this n my 6 year old has been acting out.
I want to know What happens in mediation and how should l prepare for it....
If it goes to court could the courts force me to sell?
I also dont have money for a lawyer as lm drowning in debts.
Also his lawyer sent me his assets and liabilities, he is in soo much debt l was shocked. He is so petty he may want to try pin it on me. So far he is saying each person keeps their debt.
Sorry its long. Thank you for reading and answering

OP posts:
vivainsomnia · 08/08/2025 14:02

Mediation will follow a similar process than court, except the aim is for you two to come up with an arrangement that you can both live with.

Don't overthink it now, trust the process.
Step 1 will involve gathering all your financial information together. All assets, all debts and pensions. This will give you both an idea of what is available to share.

Step 2 will involve working out your potential income and your outgoings. This will identify your needs.

Step 3 is to work out hoe you can share your assets to meet your needs. There will a number of different options to consider at this stage and the mediator will facilitate the process and provided information to guide you.

You can then see a solicitor just to ensure that whatever proposal you come up with is fair and reasonable and meets your needs ( and most Importantly those of your children).

BleachedJumper · 08/08/2025 15:53

I think you first of all need to have a clear idea of what assets and debts you have.

What equity do you have in both properties? How much are the outstanding mortgages?

Pensions is a big one that people
tend not to consider immediately. savings, vehicles?

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