No a Financial Order was not made.
The flat was worth £230,000 two years ago. There was £35k left on the mortgage with an endowment that was targeted to reach about £28k (original target was £57k). There are no other assets. The exs public sector pension was estimated to be worth £200k by the arbitrator and David's as worth £100. She was earning about £28k working 3 days a week which was the same as David in 5 days a week.
In summary we would like to know whether 1. Will David be entitled to anything from the property when the daughter leaves school and 2. Would that be affected by us marrying?
The mediator suggested David would be entitled to 50% of the property on Grace’s 16th birthday. His ex responded by saying that her solicitor had said I would be entitled to 30%. They were then getting final pension statements when the mediation stopped.
Thank you Clare - you are being a great help. One more (hopefully last!) question. If David is happy to accept a 60/40 split in his ex's favour would that be affected by him re-marrying? I guess you are going to advise we get this sorted out and in writing now rather than later.....
Clare many thanks for your help. It's has helped us considerably.
Wishing you all the best