I lived with my ex for 17 years and we have 19 year old daughter. The only asset is house with around 200,000 pounds equity. Debts around 30,000 each.
Court advised assets will be divided on basis of needs only. I believe I need 3 bed house (2 dependant children) and she needs a 2 bed house. Is this true ?
My income around 55k and hers around 40k
My mortgage capacity is greater than hers (mine 165K hers 100K).
Judge wants to give her 80%.
Really need to know if for my situation (partner pregnancy not known by judge) whether I will be deemed to need 3 bed house.
Please could you arrange refund of my fee for this question. To date you have not provided an answer and I have had to find an answer elsewhere.
Frankly your housing needs are not likely to be a major issue and two small children will be held to be able to share a room for many years - so no I am afraid it is not relevant
However I cannot see how a 80% share to her is justified given that your joint child is over 18
Unless there is a major imbalance in your pensions or incomes a 50/50 share - or 60/40 in her favour would seem more than adequate
If the issue is her actual ability to purchase an alternative home then look into shared ownership schemes she is eligible for