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Buying own place before divorce

5 replies

whattheactualfudgecakes · 02/12/2021 23:32

If I buy my own place but am not yet divorced could my ex stake a claim to it?

Should I be making sure I am divorced before buying a property?

OP posts:
prh47bridge · 03/12/2021 08:07

All assets must be declared and go into the pot to be divided between you. If you don't buy a property, the money you would use to buy a property would go into the pot. Whether you would end up giving him money or he would have to give you money in the financial settlement depends on a range of factors. Consult a solicitor.

whattheactualfudgecakes · 03/12/2021 08:12

The money is from the sale or joint property that we will split to set up elsewhere. But the divorce will come a bit further down the line. Unless it is urgent to protect my position with my half of the equity?

OP posts:
whattheactualfudgecakes · 03/12/2021 08:13

The money is from the sale or joint property that we will split to set up elsewhere. But the divorce will come a bit further down the line. Unless it is urgent to protect my position with my half of the equity?

OP posts:
LemonTT · 03/12/2021 12:59

Until you get the court approved financial consent order yes it is at risk.

EmmyDA · 03/12/2021 16:47

I was told it will be divided too for the same question I asked. If you are selling your joint property to settle separately then make sure you both have this in writing that this would be considered as your own mo ey and not to be shared.

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