Where do stand in a divorce? Please help

[4D85]

Ill try and keep it brief. Married with 2 kids under 11. I am married to a cheating narcissist and need to escape asap.

I pay all the bills except food and petrol.
I pay the mortgage, she is noted as financial interest. I earn circa 40k a year, she earns about 12k self employed and fails to declare about another 10k+ a year to the taxman

what are the chances of me getting the house in a divorce? I can afford to buy her out, she cant.
Her creditis poor.

she tells me she can stay in the house until youngest child is 18 but if that is the case, how am i supposed to get on with life? I wouldnt be able to afford a second home without money from the house

please help
thanks

50-50 split. She does school runs but i work from home and could do all those things of needed

Thank you for this

Ten miles is not 'no family around here'.

Who takes your dc to the dentist?

I do. Yesterday funnily enough. My mum lives 1 minute walk away and helps us a lot. The wifes side see the kids once a month at the absolute most. 99% of family help comes from my side

How ?

in a divorce the assets are generally split up according to need. You both need a property after to divorce to live in when you have your child. The assets are split in such a way as to facilitate this.

Generally houses are sold and the equity split according to an agreed % for each party. Sometimes one of the parties buys out the other persons share rather than selling. Usually by taking on a bigger mortgage and giving the other party their Shari of the equity. Obviously that means you need to be eligible for the a mortgage of that size.

A mesher order can be put in place which defers the sale of the home allowing one parent to live there. They are expected to pay the mortgage whilst the order is place and then give the other party their share when the mesher order ends. This ties up the other parties capital and a judge would need to be convinced that this was absolutely necessary to house the child.

if you want to stay in the house you would need to be able to buy her out. Could you raise a mortgage or the money to give her at least half the equity? That’s probably a guide to whether you will be living there post divorce.

Thanks for that. Yes i can afford to give her half the equity, possibly even 60% if it meant keeping the house.

if a mesher is enforced, i cant raise no capital to buy a new house. Id be stuck until my youngest is 18 which is a long time off. Doesnt seem fair

Which is probably why it wouldn’t happen.

If a mesher order is ordered can she afford the mortgage and to run the home?

i doubt it. She is terrible with money and has never had to look after herself. With benefits, possibly. She's no idea what bills even cost