Divorce, what payments will i have to make towards my wife and children?

edmond

After 7 years of marriage my wife and I have decided to separate, we are trying to be as friendly as possible to each other through this difficult phase in our lives. We are still living together although in separate rooms. Ideally i would like to move out but I am unsure if I can afford to.
I work full time and my wife is part time although there is more work if she wanted it.

We have just started to talk about finances as we have 2 children 4 and 5.
I realize I will have to pay maintaince towards the children but im unsure what else I would need to pay towards, mortgage, bills, ect.
I have no problems with my wife having the house as its their home, but I am looking for some advice on what I can expect to have to pay for when we get divorced, am i really just over the barrel not matter what i do?

RAS

The standard CSA amount is 20 percent of your net income for two children. They allow disregards if you have very high expenses regarding travel to see the kids etc.

She has to pay the mortgage, bills etc out of her income, benefits and maintenance.

mintymoneysaver

If you wanted to keep a share in the house then you would still pay half the mortgage.

**curlywurly**

Sorry it's a cliche but you need to see a family lawyer in order to find out what your rights are. And so does your OH. But keep control of that lawyer, and try to come to an agreement between you, otherwise it will get expensive and bitter.

mackemdave

Try to keep things between you and your wife amicable and try to avoid the need to get solicitors involved...If you do involve them they will immediately introduce conflict and not only will this make things messy in getting an agreement on finances but you could end up with a massive solicitors bill....CSA for 2 kids is 20% of your take home pay but this can be reduced if you have kids stay with you overnight....Solicitor might try going for spousal maintenance if you are a high earner and she is just doing part time.

susan1105

Hi me and soon to ex hubby are in the process of getting divorced he got somewhere else to live two years ago, we have three boys and joint mortage.

Does you wife work 16 hours or more, if so once you move out she depending on debts she will get quiet a bit best for her to look on entiledto.co.uk, once you have moved out she will be able to get help with childcare costs if needed.

Any money for the children is not taken into account for tax credits.

She will not get any help towards the mortage, strange as if she was in rented most of that would be paid for, only know this as person I sit next to work has had same problems as me but rents and gets hers paid for.

Due to our mortage being low i was not able to get legal aid, so when I did go to a lawyer she did say if me and ex can agree on as much as possible it would keep costs down, it is still costing around £1500 and that includes the transfer of the house into my name. It will depend on the size of the mortage if it could be transfered in to her name and I had to show that I had been able to pay it for the last 18 months before lenders would agree for it to go in my name only.

Find yourself somewhere to rent that you will both be happy to take the children to. It will cost you a lot to furnish and depoist etc, my ex has got him self into a lot of debt, he does have a nice place and I know its safe for the boys.

I know none of this is nice, but keep talking you dont have to sort everything out straight away, if you are both sure this is what you want then move forward quickly, find somewhere to move to, you dont have to sort the house out straight away I am buying my ex out of ours somehow but again on friendly terms two payments over two years and that will have to be a credit transfer to his credit card lol.

good luck

gratefulforhelp_2

Not all solicitors will be confrontational, if you get a proper family law solicitor they are covered by rules about their conduct which include trying to be non-confrontational.