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how would my finances be split after a short marridge



  • System
    System Posts: 178,107 Community Admin
    Photogenic Name Dropper First Post
    johnash1 wrote: »
    we got together jan 2012, we started living together in may 2013(rented), and brought our house oct 2014, son was born june 15

    my idea of of buying her out is that I know the house needs fully redecorating and some basic maintenance carried out which I would do myself, so hoping the house would be valued less than what I could sell it on for in future once its redecorated ect.. and I want my son to know what he's doing/staying

    Buying her out? More chance of her asking you to leave and you getting a place of your own. High likelyhood of you getting your house settlement when your child is eighteen.
  • mark5
    mark5 Posts: 1,363 Forumite
    Name Dropper First Post First Anniversary Combo Breaker
    How long were you living together before the marriage? (This time counts)

    If you have a son with your wife then you will probably get hit for six.

    Zoopla valuation are usually way out by the way.

    If she wants to sell the home then I would personally before she changes her mind.

    As stated above, if your ex is prepared to sell at the moment then I wouldn't hesitate to get the house sold asap.

    It's your best chance of getting a decent split of the equity now and not a long time in the future.
  • ~Gabriel
    marridge? Is that like porridge?
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