I have a lot of debt when the house completes I will be alright but I just need a phraseology or letter template that I can ask my ex to sign when I give her a cheque for her financial settlement that protects me properly from any future requests for further settlements. I understand from the solicitor I spoke to that despite my being the only named party on the mortgage and being the main contributor etc, the assets i have could be obtained under the provision for the child act in the form of a deposit for a future house or she could oust me from any new property . We have agreed fair terms I just need a written receipt that also protects from further claims
I put a large deposit down and my ex is not claiming that as it came from my house but she wanted half of the subsequent equity which after I've settleds debts (she deliberatedly left me with to force the house sale) is about 17.5 thousand which i think is fair even though her contributions were minimal I do recognise her child care contribution. We are amiciable at the moment its just I know it might not last and I want the reassurance of knowing that if I can get a flat that I won't be forced out of it. my ex is safely and comfortably living in an housing association property.