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Separated - Can I buy a house?

gospete · 2014-01-14 19:23:31

Hi, I am just wondering where to get advice. In a nutshell, we have been separated for just over a year. We agreed that my wife and children remain in the rented house. This (and the monthly maintenance I pay) was all part of the separation agreement. Fortunately it is an amicable split. However, because I need a permanent…

Comments

RAS Posts: 36,399 Forumite

30 January 2014 at 5:22PM

ANYTHING that you own at the point of the divorce/financial settlement could be a considered an asset of the marriage. So your wife would be entitled to at least 50%. A judge will not accept an unfair settlement.

Do you want to gift that to her?

And as a sideline, if you have savings with which to pay for the deposit, she may be entitled to half of those now.

If you've have not made a mistake, you've made nothing

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