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Ask Clare Your Own Question
Clare
Clare, Family Solicitor
Category: UK Family Law
Satisfied Customers: 13407
Experience:  25 years experience of all aspects of family law
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Seperated from husband. we sold martial home. me and 8 aged

Customer Question

seperated from husband. we sold martial home. me and 8 aged 8 live in rented house. he earns 7 times more a year then do about 38k difference in our salaries. I got a lump sum out off equity of material home.
i now live in rent housing and can't afford to buy. he has brought another property.
i ve sign nothing reguarding serparation.
i now looking a starting divorce proceedings?
Any advice
Submitted: 1 year ago.
Category: UK Family Law
Expert:  Clare replied 1 year ago.

Hi

Thank you for your question

My name is Clare

I shall do my best to help you but I need some further information first

Which part of the Uk are you in?

What is the value of the capital assets and what income do you each actually have?

Customer: replied 1 year ago.
Cornwall
capital assets? not sure what you mean?
Last year my income was just 8K. His was around 55k
Expert:  Clare replied 1 year ago.

The value of the Capital Assets - what savings you each have etc

Customer: replied 1 year ago.
i have 10k from sale of house ...
i have no idea of his savings..
Expert:  Clare replied 1 year ago.

When did you separate and what was the equity in the Matrimonial home?

Customer: replied 1 year ago.
We lived in separate rooms In the material home whilst it was on the market jan 2014 . I moved into unfurnished rented house June 2014 house sold in August 2015 .50k. In equity I got 29k which I've been to clear debts pay deposit of 1200.00 furnish house with white goods. I have another daughter who I was supporting through uni. So some of this when towards this ..
Expert:  Clare replied 1 year ago.

May I ask why you agreed to the sale?

Customer: replied 1 year ago.
It was a very large detached 4 bed 3 reception room 3 bathroom house ...
That I could not afford to live in if he moved out..He wouldn't leave.
Expert:  Clare replied 1 year ago.

I see

How much would a two bedroom property in the same school area cost to buy?

Customer: replied 1 year ago.
Would have need 3 bed as other daughter lived at home whilst at uni...
17000.00
Customer: replied 1 year ago.
He has go on to buy a very large 3 bed 2 reception 2 bathroom very large garden house that he paid 18900.00 for ..... That he lives in all by himself.My oldest daughter has graduated and has found full time employment as a teacher in her probation year locally 5 miles from my present rented house but wants to lives with me and her youngest sister..and Is helping with costs etc so now financial independence but has has very large student debts..
Customer: replied 1 year ago.
When we had youngest child I dramatically reduced my hours and gave up a management role/pay to be main career but have always worked.
This allowed him to go from strength to strength with his work.
Expert:  Clare replied 1 year ago.

I know your eldest wants to live with you but in terms of the financial settlement she is no longer relevant - so I need to know about a cheaper two bedrooom property I am afraid

Customer: replied 1 year ago.
13500-14000
Expert:  Clare replied 1 year ago.

What is your mortgage capacity?

Customer: replied 1 year ago.
70000
Expert:  Clare replied 1 year ago.

What debts did you discharge with your share of the Capital?

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