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How is property value split in the event of divorce

4 replies

Talkingtothemoon · 16/11/2020 20:49

I would like an idea of how the proceeds from the sale of a house that we jointly own would be split if -

  • DH put down the deposit £60k
  • PIL gave us £40k a few years later which DH used to reduce the mortgage (he chose to do this, no paperwork from PIL I don’t think)

So, in the event of divorce would DH basically be entitled to the above £100k and then we would divide the remaining profit between us? We bought the house 15 months before we got married, if that makes any difference to dividing this asset up.

I’m a SAHM and things aren’t great and I am feeling that I would probably leave with very little.

OP posts:
Simonfromharlow · 16/11/2020 20:54

I’d see a solicitor. No one case is the same.

I was a sahm and got 75% of the equity and I’d not put in a single penny. It basically all revolves around what is best for the children. I couldn’t afford a home for the kids without having more of the equity so it was decided I would get more. There will be other women with other stories though so definitely speak to a solicitor!

prh47bridge · 16/11/2020 22:53

Anyone who answers your question on the information given here is guessing. If you want an answer you need to see a solicitor.

JetBlackSteed · 16/11/2020 22:59

You do need a solicitor as others have said.
Your contribution to the marriage by being a sahm will be taken into account. Don't agree to anything proposed by him without a legal opinion. You might well be pleasantly surprised.

AnotherDelphinium · 17/11/2020 16:14

There’s very little information here, but generally the starting point for a marriage of more than a few years, especially one that involves children, is 50/50.

You’ve contributed to the marriage by being a SAHM etc etc. Please get legal advice before agreeing to anything.

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