Thank you for your question
My name is Clare
I shall do my best to help you but I need some further informtaion first.
How will the financial settlement between you be dealt with?
How much is the property worth and how much is outstanding on the mortgage?
What other assets are there and what is your income?
What is your actual income?
The divorce is indeed recognised in the UK and will enable your ex to make an applictaion to the Uk Courts for a financial settlement following a foreign divorce
How much does a cheaper three bedroom property in the same school area cost to buy?
I am afraid that you cannot simply sell the property after the divorce despite being a sole owner
Your ex will be able to make an applictaion to the family courts here in the Uk for a financial settlement securing her interests and those of the children
It is unlikely that you will be able to force a sale of the property until your youngest child is18 - and even then it is likely that your ex will be granted a share of the equity - up to 50% possibly - but it could be less.
I am sorry that I have to give you unexpectedly bad news - but It is important that you know what the situation actually is
Please ask if you need further details
She will have to start paying the mortgage if she wishes to remain there
AS part of the negotiations this will have to form part of the agreement
That is up to you.
You can offer to negotiate with her using Family Mediation
Or you can wait until she makes an application to the court.
You need to negotiate with her sooner rather than later
If you default on the mortgage she is the one who will lose out
It is up to her whether she takes over the payments - or has to leave when the property is repossessed
Yes - but she will lose more
I do understand - but she will lose her home which may make her think twice
No your best option is to try and arrange to discuss the situation with her using Family Mediation.
If you cannot come to the UK for that then you need to write a Without Prejudice letter to her setting out the position and confirming the financial offer that you are prepared to make.
If that fails then you can make an applictaion to the Uk court for a financial order following a foreign divorce to obtain an order for sale