30 years marriage. Discovered wife having affair. Chucked her out. She is looking to divorce.
House worth about £170,000. Joint mortgage and joint debts = about £100,000.
My income self employed, approx £18,000
Hers, approx £16,000
Her new partner, if they cohabit I guess about £18,000.
Two adult children 26 and 24 still live at home with me.Eldest suffers OCD and doesn't leave the house but is not classed as dependent as her boyfriend cares for her.
Wife lives at her brothers for now until she gets a place with new partner.
She has now expressed a desire to,
''just go away and stuff the lot of us'' ''I'm not interested in the house you can keep it'.
I am speaking to bank tomorrow to see whether I can transfer equity I think it's called by her agreeing to remove name from deeds.
Thanks for replying
Where there are young children, a court order can state that the house be sold, but not until the youngest child finishes their education, at which point the house is sold, and the proceeds shared as agreed - but in your case, there is no clear end date in the future when your eldest will be able to live independently, so I think a susoended order for sale is unlikely.
If your wife's name stays on the mortgage, then this will mean that she will nto be able to get another mortgage, wich means that she would be unlikely to agree to a suspended order for sale.
I'm afraid that there is no clear-cut solution to your situation - things are always more difficult to resolve when there is less to divide up.
I strongly advise you to get some face-to-face legal advice. Here's where to find a specialist family law solicitor near to you:
It's far better to negotiate a settlement than go to court (which is stressful, time-consuming and expensive). You can negotiate either between the two of you, or via solicitors' correspodnence or via mediation. Here's where to find a family mediation service near you:
I hope this helps and I wish you the best of luck.
Thanks and best wishes...