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House ownership and divorce

5 replies

quest12 · 03/07/2013 01:41

Me and my hubby have split up in the last few weeks I have wrote on step parents board about it. My question is I bought my house on my own with no deposit, 3 yrs later I met dh and he moved in a year later, if we divorce will he be as he keeps telling me entitled to half of my house or is it classed as a pre marital asset? Any advice gladly welcome xxxxxxx

OP posts:
wannaBe · 03/07/2013 01:45

yes. You should seek some legal advice but essentially any assets accrued even before the marriage become part of the marriage and are subject to being divided as part of a divorce settlement.

quest12 · 03/07/2013 02:25

Thanks for your reply wannabe, I bought my house off plan on a new development so before it was built it had increased by 30 thousand, someone in work who may just be guessing said he wud only be entitled to half the amount the value had increased while we were together, not sure if this is true. Just worried as having to give him anything would mean I would have to sell. Another question, he is a self employed builder b4 he met me he earned a wage, I have helped him by making and delivering leaflets for him, doing his accounts and now he employs 3 people and earns more than b4, because I have been a major part in building his business up would I be entitled to wot from him? Not that I'd want it just mite be a bargaining tool xxx

OP posts:
CogitoErgoSometimes · 03/07/2013 10:40

Definitely get legal advice. The question of marital assets acquired prior to the marriage is not a fixed one and a fair settlement will depend very much on how long you were married before the split. Generally speaking, the longer you were married, the bigger the potential stake he has in the property. If you weren't married and had simply lived together, he'd be entitled to nothing at all. Your role in helping him build up his business - unless you gave up paid employment or made some other financial sacrifice in order to do that - probably won't count for very much but these are all things that a good solicitor can go through with you.

Lonecatwithkitten · 03/07/2013 15:38

As others have said you really need legal advice as you need to encompass pensions etc.

ParsleyTheLioness · 08/07/2013 18:35

Get legal advice, but I am told the length of the marriage is relevant. My situation was the same, but I had been married much longer, so that in my situation the property/assets were regarded as 'historical', but it doesn't sound like the same in your case. I'm talking 20 yrs. In your case you may well be ok, but get legad advice ASAP.

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