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selling house in event of divorce

80schild
Posts: 240 Forumite
I have been separated from my ex husband (due to his emotionally abusive behaviour)for four years. Him and I bought a house together exactly five years ago in joint names. For the last four years I have been living in the house, paying the mortgage and keeping up repairs. He has not contributed anything.
I have decided that my best option is to sell the house otherwise I will be paying more and more off the mortgage, only for him to get a share of the increasing equity (while contributing nothing). Buying him out or getting the house signed to me is not an option as I don't earn much. Also the house needs modernisation which I cannot afford.
How does the process work are we best to sell the house and then instruct a solicitor for a divorce or do the whole thing as one 'package' so to speak.
Finally; are companies such as national residential or purple bricks any good?
Thanks
I have decided that my best option is to sell the house otherwise I will be paying more and more off the mortgage, only for him to get a share of the increasing equity (while contributing nothing). Buying him out or getting the house signed to me is not an option as I don't earn much. Also the house needs modernisation which I cannot afford.
How does the process work are we best to sell the house and then instruct a solicitor for a divorce or do the whole thing as one 'package' so to speak.
Finally; are companies such as national residential or purple bricks any good?
Thanks
0
Comments
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Wouldn't it be better to get the divorce settlement sorted first? Better for potential buyers too. You're at risk of a buyer walking away if things start to get complicated during the conveyancing process. Not unusual for one party to the divorce to start playing silly boggers halfway through the process."Real knowledge is to know the extent of one's ignorance" - Confucius0
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The best route would be to talk to a solicitor. If you can evidence you are the only person who has been contributing towards the house for the last 4 years, they will take that into account in your financial settlement. Your first point of focus should therefore be on getting your financial affairs into order - particularly in terms of the property - so that you receive a fair deal upon agreeing financial settlement after divorce that reflects your respective contributions. You can either sell, or arrange a transfer of equity to your name to reflect your contributions, rather than simply having to sell up.
Legal advice from a family law specialist is a good way forward now.0
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