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Hello, thank you for the question.
The house is classed as a matrimonial asset and as such it will be taken in to account if you divorce.
The court will look at the assets and any liabilities, as well as other factors such as how long you were married for, what your earning potential is like if you are not yet retired, your contributions to the mortgage in the past, the sizes of pensions, standard of living enjoyed and so on.
The court will look at your wife's financial needs and if she is looking to live elsewhere and the other assets can't facilitate that, then the matrimonial house would be split in shares although you can argue for a higher share to reflect your contributions. It would be a case of negotiation with her - if you can agree finances early in the divorce proceedings then you can have a consent order drawn up at the decree nisi stage to formalise the agreement.
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