Hi Clare, thanks for responding so quickly.
The house is worth about 2m and I would need to find out about how much of the mortgage is outstanding and get back to you - we re-mortgaged a few years ago. But I don't think there is much - we cash bought a substantial percentage up front in 1992 and the mortgage repayments have been minimal.The house is the main asset. (Again I can get a more accurate answer for you if needed). My husband has about 80.000 and I have 20.000 income (both self employed).
We want to take things slowly and not do anything drastic. My husband is very attached to the house and prefers to live in it. It's his choice to support me to live elsewhere rather than sell the house. We have both grown up in the area and realise how difficult it would be to buy back into it once we sell. The idea is that I would still have access to it for now and continue to use one of the rooms as my studio. And I would be around more when the children are home. I am optimistic that my husband and I will remain close friends. But I have to protect myself from any future change which might affect his stance. For example starting a new relationship - Joanna
I was looking for a small studio flat at about £1000 a month, but in fact I could just as easily, as a temporary measure be a lodger somewhere nearby paying only £100 a week. This would be a more gentle transition. Then we would have a better idea after 6 months or so of how we want to proceed.
Thank you. Does a Separation Agreement need to be drawn up by a solicitor or is it something I could have in writing from him?