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Clare
Clare, Family Solicitor
Category: Family Law
Satisfied Customers: 34277
Experience:  I have been a solicitor in High Street Practise since 1985 and have specialised in Family Law for the last 10 years
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my wife and I separated last year in September. Im I entitled

Resolved Question:

my wife and I separated last year in September. I'm I entitled to half the house, we lived there as man and wife for 11 years, but the mortgage is in her sole name.
Submitted: 3 years ago.
Category: Family Law
Expert:  Clare replied 3 years ago.
Hi
Thank you for your question.
My name is Clare
I will do my best to help you but I need some further information first.
Are there any children involved?
How much is the house worth and how much is outstanding on the mortgage?
What other assets and debts are there and what income do you each have?
Clare
Customer: replied 3 years ago.

The house is worth approx. two hundred and forty thousand.


Amount outstanding is £37000.00


We have 1 child aged 12


 


my income is about £19000 per year


my wife's is about 11000 per year


but she has many shares with many companys..


don't know how much, she kept it secret..

Expert:  Clare replied 3 years ago.
Hi
How was the original purchase funded?
Clare
Customer: replied 3 years ago.

my wife sold her house she owned, and sold some shares, the rest of the money she took out a mortgage for about £45000.00. she funded


all the money. But then left employment, to bring up our son..It was left to me pay the mortgage, for a few years, until she started work again.


 


I also added value to the property by paying for a conservatory, and house improvements.

Expert:  Clare replied 3 years ago.
Hi
How much does a two bedroom property in the same school area cost to buy?
Clare
Customer: replied 3 years ago.

£130,000.00

Expert:  Clare replied 3 years ago.
Hi
A relationship of 11 years certainly gives you a financial interest in the Matrimonial home - but given that your wife brought all the capital to the relationship a 50/50 split is unlikely
The fact that the property is held in her sole name is XXXXX XXXXX
A Settlement in the range of ^0/40 to 70/30 in her favour is likely to be the outcome
You should try and negotiate matters with her using Family mediation (www.familymediationhelpline.co.uk)
I hope that this is of assistance - please ask if you need further details
Clare
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