£160 Outstanding.....we lived in her house owned solely by her. Sold for 250k We took out a new mortgage with my name added to increase our mortgage. House is now valued at £80k more than when purchased in 2012 due to work we have carried out.
We agreed that in the case of adultery the house would go to the injured party 100%, in the case of splitting up, we always agreed that I would take 50% of any increase in value over the asking price. In this case i believe £40k
I will add, that I have today sent her a settlement offer that includes 40k for the house, 15k for accommodation for 12 month rental for a 2 bed allowing a room for my 10 yr old son to visit (the current house has a room for my son) which allows me to walk and barely stand on my own feet, and including 5k for contents which I will need to replace, and a compensation payment of 15k based on having to close my business, relocate it, re-start it with no guarantee of success....An offer which if accepted I would agree to a divorce.
last tax year, 55k
In your opinion do you think my offer offers a reasonable solution, overall. Given that it is to accept a situation with which I am not happy, and have done nothing wrong, other than being what my wife now decides she doesn't want.