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Can anyone predict how my divorce would go?

2 replies

SquashFeet · 17/03/2018 08:55

Situation - I currently work casual hour contract but can get a full time job tomorrow if I wanted one - so let's assume I go for divorce and get set up in a full time job. I'd earn £22k.

DH earns £35k. We have no kids together and my son (who lives with me) is 17, on an apprenticeship.

We've been together 6 years, married for two.

We bought the house together and Ian it jointly. We paid £140k and it's now worth around £170k. He put £20k into it at the beginning, I put £5k in but as I said, it's jointly owned and we've both paid mortgage and improvements since we moved in 5 years ago.

I could afford the mortgage on my own (£480 a month) but couldn't afford to buy him out. Which is a shame as I'd love to stay here.

He has a pension, I don't because he didn't want me paying into one.

Any idea in what divorce settlement is likely get? Ideally, i want to keep the house. Is there any way?

OP posts:
prh47bridge · 17/03/2018 09:48

Consult a lawyer. That is the only way you will get a realistic answer.

HonkyWonkWoman · 17/03/2018 09:57

You'd re-mortgage with the same company to pay him out, you could probably still afford the mortgage if you extend the length of the mortgage.
You probably took out 25 years so you could see how affordable if you extended back up to 25 or even ask for 30 to keep your payments the same.
Go and talk with mortgage people when you know how much your going to pay him out. That's what I did and they sorted it out for me.
Good luck with everything!

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