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Can you tell me what your family home is worth (approximately) and what the outstanding mortgage is?
Do you and your wife both work?
How old are your children?
Thanks for the information.
With approximately £150k equity in the property, the starting point is a 50/50 split.
The inheritance could be considered a joint asset at this stage, but if you have been effectively separated for over 2 years and the inheritance has just come, she could also argue that it should be excluded from the joint pot - the question really is would 50% of the equity from the family home allow you to move on?
To be clear - the equity being £150k, your share is half of this.
You can file for divorce whenever you want to. It would be easiest if you agree to file under 2 years' separation, and do this by consent.
You don't need a lawyer to apply.
See the link here: https://www.gov.uk/divorce/file-for-divorce
It sounds to me like she is planning to buy you out of your share from the proceeds of the inherited house sale. Or, if the bank will allow her to take out an additional mortgage your share of the equity could be released this way, yes.
If there are no alternatives, a sale is the last resort.