My basic salary is £40k per year. Rest is commissioned based. P60s can vary between £75 and £95k per year. The CSA payments are reviewed every 6 months - average is taken and then that is figure for next 6 months. We both have agreed this.
To save money, on a monthly basis, over what is likely to be the next 12 years
Also, it does really bother me that me and DWP will be paying off the mortgage for her and her partner over potentially the next 12 years. Where they don't put in a penny.
But instead of me paying half mortgage, she wants me to pay her spousal maintenance at approx the same amount. So nothing changes on that front.
I don't want my name off the property. I want to continue to go into the house each Weds night to see the boys. Also I don't trust it being in her name.
I rent my property. We're both happy with the arrangements for the children. I'd rather see them a day each weekend with 2 sleepovers per month. She wants this too.
Please can you answer the following:-
If she gets the house in her own name, have I got a case that I pay her a lot less than the current £537 + £70 per month for my half of the mortgage and term assurance? She wants the spousal to be approx. £500. ( Basically the spousal replaces my mort payments ) My thinking is that, with her work potential, it should be a lot less than that?
If she gets house in her name is XX XX% frozen as of that point and I get it when my youngest is 18 (12 years time ) and the other triggers or do I get the 40% regardless in 12 years time? ( Even though I'm not effectively paying mortgage payments ).
What can I realistically expect from the cohabitation issue? 2/3 nights per week? 5 nights per week ? Forget it unless he permanently lives there?
Finally the marital debt? £28k was built up between 2004 and 2010. What can I expect from this. She gave up a £30k salary, I made regular payments to her account and joint account + also more payments to clear those accounts. I used neither her account or the joint account for any personal spending.
Based on the facts I have outlined in my communication with you, please can you answer the above.
Can you just clarify the cohabitation part please. She has a partner who is in and out of the house a lot. And this will increase in the future years.
So, what would be reasonable per month for spousal maintenance? Assuming I am no longer paying £537 + £73 per month for 1/2 mort and 1/2 term assurance. She can definitely work 16 hours per week to qualify for working tax credits.
I don't expect her to pay any of the debt now but be added to 40% when trigger point happens?
I go in the house every Weds night for 2 hours. Could she stop that if house in her name?
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