Thank you for your reply.
It depends on what job I can find really. Let's say 17k at first? However, I might have difficulty finding one or might be out of jobs from time to time. I really don't know about the future.
I don't know. We are living in Warwick, but I guess if we do end up getting a divorce, I will have to move to Coventry. Probably a one bed would be around 70k?
only about 2000pounds
Thank you very much for your reply! Can you please also tell me what would happen if he tried to get debts or spend large amount of savings during our separation? Do I need to file a legal separation to protect against such and would it help? Do people need to file a legal separation normally and what is it for? What can I do if he refused to support me during our separation? How much should I ask for support monthly if I stay in the house? Can I only get my entitlement for the assets after we have divorced?
Look forward to your reply.
Regarding my financial settlement with my husband, previously you told me that 'It is almost certain that the court woudl award you a lump sum sufficient to purchase a modest propertyYou also have a claim for a pension sharing order relating to 50% of four years worth of his pension.'
Can you please clarify if the 'lump sum sufficient to purchase a modest property' is the amount that can pay off the whole cost of a property or just the amount of deposit? My husband said that though the house worthy 430k, the mortgage paid off is just about 270k. so if he has to give me sufficient to pay off a property then it almost means he needs to give me about 50% of his asset which is too much for a three and a half year marriage. He also kept saying upmost he can give me 27k for the house. (previously, I told you that a one bed flat would be about 70k, but after some checking, I think it should be around 120k)
For the pension 'You also have a claim for a pension sharing order relating to 50% of four years worth of his pension'. do you mean when he retires in 8 years' time, he will get about 3000pounds a month, so I can get 1500pounds a month for 4 years? My husband argued that he would rather have the court order 50% of what he has paid into the pension during our marriage to my pension a/c. as it is not fair to give me so much. or upmost I should get just 1/20 of the monthly pension until he dies.
His reason is that I am so much younger than him and I have plenty of time to work and build up pension and even get married again. But my arguement is that most jobs wouldn't have pension and even I get a steady job and have a pension,, it won't be very much.
Below is our previous conversation
07 April 2015 16:43EST
08 April 2015 02:55EST
08 April 2015 03:40EST
08 April 2015 04:14EST
08 April 2015 08:16EST
08 April 2015 08:42EST
08 April 2015 12:20EST
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08 April 2015 13:34EST
08 April 2015 16:08EST
Does equity mean mortgage paid off? If so, the mortgage paid off is 270k. Does it make it more possible to get 120k or 70k? Normally for our length of marriage, which is 3 and a half years (but we lived together for about half a year before that), what percentage of asset is reasonable to ask?
Will his pension built up count as his asset? He only needs to work another 8 years to get a pension of about 3000pounds/month.
For the pension share, is it true that I won't get it if I get married again?
For maintenance, what do you think is a reasonable length and how much can I get each month? Say, I get a job pays 17k per annum but also take into consideration that I might be out of job quite often.
I am sorry to ask so many questions.
Thank you very much for your reply. I am currently staying in the house and he is in hotel but plan to rent a flat if I refused to move out. If we can't agree on the financial settlement and say I stay in the house for a few years until we get divorced and can finally settle our finance. Is it possible that the court then might say given I stay in a house that he has to pay so much in mortgage and other bills and he also needs to rent a place, he doesnt need to give me any capital sum at all or can I get the same amount as if I move out now?