Selling home, post divorce. Any tips/advice?

GibsonSt19

Evening all.

Much to my horror, my wife left May 06 and has since divorced me

Anyway, I've been sustaining the house and everything relating to it since she left and although I can just about afford it, I'm left with little/nothing at the end of each month for any luxuries/saving, so buying her out isn't really looking very appealing.

I want to sell the property (3 bed semi) so that I can give my ex her share of the equity (and I'm moving back in with good old mum).

Should I make the estate agency aware that it's a divorce case, or will that have any negative (financial?) impact?

Also, would anyone know whether this sounds right? Despite paying the mortgage on the property alone for the last year, my solicitor has told me that this isn't taken into consideration when dividing the equity?

Also, I was under the impression that other matrimonial assets were divided between each party (pensions and the like), but my solicitor has told me I'm not entitled to any of my ex's pension, as it's not a substantial enough sum. Does this make sense, or should I perhaps be questioning this?

I'd really appreciate any tips/advice from anyone who's been through this type of thing, or is generally in the know.

Thanks so much

Yours, a little depressingly,

G

Gorgeous_George

Cheer up G, it gets better. The best revenge is your own happiness.

Your solicitor is probably right but that doesn't mean that you shouldn't aim for a fairer share.

How much equity is there? Are you still paying the mortgage? If so, you could consider stopping but the negative effects may outweigh any monetery gain.

Get the house on the market as soon as possible and sell as fast as possible would be my advice.



GG

mr.broderick

What were her reasons for leaving gibson? Did she find another man/woman?

Romani_Ite_Domum

Sorry to hear that.
Mine was a very similar story.

Regards to paying the mortgage. My solicitor explained that I had been living in the house whereas my Ex had moved out and was renting so it balanced out.

You should be entitled to a share of any pension. I would check again with the solicitor.

My sale dragged out for 18 months and what started as a good natured split turned sour because my OH wanted the share ASAP. As GG has said. Get it on the market, priced for a quick sale and move on.

It will get better. Good luck

GibsonSt19

mr.broderick wrote: »

What were her reasons for leaving gibson? Did she find another man/woman?

Yeah, my 'best' mate

This is something I had to find out for myself though. She didn't have the dignity to tell me, so she made some very wishy washy things up about me.

GibsonSt19

Romani_Ite_Domum wrote: »

Sorry to hear that.
Mine was a very similar story.

Regards to paying the mortgage. My solicitor explained that I had been living in the house whereas my Ex had moved out and was renting so it balanced out.

You should be entitled to a share of any pension. I would check again with the solicitor.

My sale dragged out for 18 months and what started as a good natured split turned sour because my OH wanted the share ASAP. As GG has said. Get it on the market, priced for a quick sale and move on.

It will get better. Good luck

The thing is, I offered the house to her (and for me to move in with mum), but she rejected this straight off.

She's been living with her brother (who I get on with) rent free for the last 13 months, so she's hardly had a tough time financially.

Despite all this, at points during the last year she though it would be nice to tell our mutual friends that she was skint because she was having to pay the mortgage (utter lie). That really hurt, as since the day she left she's paid nothing, and I've been working my backside off just to stay afloat.

Anyway, enough whining.

So, you think I should push the pension matter with the solicitor (who, incidentally, I feel is fighting for me wife!)

I have 2 estate agents coming this week, and will get the house on the market asap. This kind of niggling stress can really take it's toll, on health and happiness.

Gorgeous_George

I would consider stopping paying the mortgage and move out. Sell the house to the first reasonable offer.

Every dog has its day and yours will come for sure. You're well shot of the b!tch. You never know, perhaps he really was your best mate.

If there are no kids, there's no need to keep it amicable.

Let's have a beer :beer:



GG

GibsonSt19

Gorgeous_George wrote: »

I would consider stopping paying the mortgage and move out. Sell the house to the first reasonable offer.

Every dog has its day and yours will come for sure. You're well shot of the b!tch. You never know, perhaps he really was your best mate.

If there are no kids, there's no need to keep it amicable.

Let's have a beer :beer:



GG

Yeah, moving out would be an option, but I'm with Virgin (One Account) and my current account inextricably tied in with the mortgage

Anyway, I'll get it sold and get some cash behind me whilst at my amazing mum's.

Cheers fella, a drink would be wicked :beer:

mr.broderick

Good luck Gibson our thoughts are with you.

Thought about getting her bumped off? Its getting cheaper..

TheWaltons_3

mr.broderick wrote: »

Good luck Gibson our thoughts are with you.

Thought about getting her bumped off? Its getting cheaper..

:rotfl::rotfl: :rotfl:

Jennifer_Jane

Hi there, Gibson, just a point about the mortgage (fairly obviously I have no legal experience!). It would seem unfair to me, however, that the repayment part of your mortgage should have been paid by you alone over the last year wehther you were in the house or not. If the house is sold, she definitely would benefit from the increased equity paid for by you. I would work it out and tell your solicitor to include it in the negotiation. Also, if you have a bad feeling about your solicitor not doing the best for you, why not get another solicitor?

Anyway, sorry to hear about all this, and hope it all gets cleared up satisfactorily for you and then you can begin the new life. Very best of luck.

Jen