I wonder if anyone can help me with this. Posted this under money, but wondered if anyone who had gone through a divorce could give me their opinion?
Im getting a divorce after domestic violence, we have two dc, 6 and 2.
Right now we have a house worth 750 k (price of similar in our street), and savings of about 250 k.
I reckon to buy a new house outof London, but within commuting distance, I need about 300k. Another 30k to set it up. Is this ott?
Im going to try and settle this without spending time and money arguing over a settlement. Before we had dc I worked and put into the deposit for the house and the mortgage. He has paid the mortgage alone for 5 years.
Do people think 330k is a reasonable out of court offer to make on the financial settlement front.
Ive taken the 15k I had in my old savings account from pre marriage and am using that to live on at the moment.
He earns a very good salary. I would expect to have to go back to work, but he pay half the school fees for the school she is at, and half for ds when he is of school age, and about 500 pounds per month maintenance until they are out of education. And to foot the bills for the family until I find a job. Right now job hunting is not an option yet, Ive no permaent place to live which I consider safe, and my knee is out of action due to him stamping on it. But I will get back to work as soon as I possibly can. I reckon for someone who has been out of the market for 5 ish years, it is not going to be easy to find a job on the same level as before (was an underwriter). I clearly need to pay the bills though and perhaps would need to do some retraining/retake profession exams/ go back into the same kind of business, but to something like data entry . I have a good degree, great a levels, and some prof qualifications.
The other option is to wait, use up a lot of savings fighting each other in the courts, and everyone getting upset. To be honest I dont think he would go for this.
Should I expect to have to rent forever, I dont want to live in the family house, as I cant face the neighbours. Am I likely to get anything near this kind of money?