separation advice needed

RAS

Hi

Your husband needs a reality check but I suggest you wait until after he moves out.

Read JackRS looongggggg thread on the situation regarding his divorce. His wife looks like getting 70% of the house value plus several years spousal maintenance (she has already had 2 years). His children were actually older.

All assets of the marriage including things like pension go in the pot, as do debts.

You can reasonably expect to get 60% of the capital and if he is upsetting the children now and they decide to stay with you he will be paying 16% of his gross salary until they finish level 3 education or reach the age of 20, whichever is sooner.

Depending on his salary, you may also get short-term spousal maintenance as well.

Normally I would suggest staying put BUT if the house is not conveniently located for schools and work, it may be better to move at some stage.

Certainly do NOT sell until the financial setlement is close to sorting out. The complication is that whilst you work getting mortgage help may not be possible but at the very least you need to check www.turn2us.org.uk to see what help you can get when he moves out.

And then work out what sort of financial support you would get from your husband (Check the CMS calculator). Could you afford to pay the mortgage interest only?

In whose name(s) is the debt?

jackieblack

tishunt wrote: »

I would feel really uncomfortable knowing that he can access the property whenever he chooses.

Yes, it may be uncomfortable, but legally it is his right.

tishunt wrote: »

I work part time purely for the sake of the children given they need to be taken to/from school as there are no busses and too far from home to walk/bike ride.

Maybe moving closer to school would make things easier?