40 year old male mid life crisis?

Gavin83

smithers1981 wrote: »

Update we now officially split she’s still in house with daughter I’m at mums until I find place to rent. She says she not selling house we joint owners with joint mortgage.

Prob £100k equity I would sign over in lieu of child support which I rejoin would be £26000 over next 7.5 years is this realistic?

Can she afford to buy you out? If not she might have no choice other than to sell.

I think you’d be crazy to give up the equity in the house but ultimately it’s your decision. However as others have said you’ll need to pay maintenance and you really need to seek legal advice.

Pollycat wrote: »

Where has the other £50K equity gone that you mentioned here:

I thought it was as fairly clear, there’s £100k equity in the property and he’s referring to his half, so £50k of the total. The other £50k is hers.

Pollycat

Gavin83 wrote: »

I thought it was as fairly clear, there’s £100k equity in the property and he’s referring to his half, so £50k of the total. The other £50k is hers.

smithers1981 wrote: »

Prob £100k equity I would sign over in lieu of child support which I rejoin would be £26000 over next 7.5 years is this realistic?

I read it as £100k equity the OP would sign over which are the exact words the OP used.
Not £100k split between them.

Gavin83

Pollycat wrote: »

I read it as £100k equity the OP would sign over which are the exact words the OP used.
Not £100k split between them.

I think he's saying there's £100k equity in total, which he'd sign over to her. I'm sure the OP will be back along shortly to confirm though.

Pollycat

Gavin83 wrote: »

I think he's saying there's £100k equity in total, which he'd sign over to her.
I'm sure the OP will be back along shortly to confirm though.

Gavin83 wrote: »

I thought it was fairly clear, there’s £100k equity in the property and he’s referring to his half, so £50k of the total. The other £50k is hers.

So maybe not so clear..
:think:

annetheman

I'm single and live with a cat (now and for the foreseeable future), just grabbing my popcorn as this is intriguing and I wish to live vicariously in this horrible car crash about to happen. My life is very boring. Feel for your wife OP.

Gavin83

Pollycat wrote: »

So maybe not so clear..
:think:

I was being nice. Clearly you'd rather I wasn't so I won't bother in the future.

Pollycat

Gavin83 wrote: »

I was being nice. Clearly you'd rather I wasn't so I won't bother in the future.

I really don't understand the point you're making. :huh:
I asked a question.
You said it was clear to you.
I said it wasn't clear to me.

smithers1981

Just to clarify £100k equity in house so 50/50 I was planning to give her my half instead of £300 a month also offered to help with trips clubs clothes etc.

She saw solicitor today and we gonna discuss things tomorrow currently on night shift.

Not sure what options are as for pension she has more than me and we not married just wanted to cloud things so I couldn’t easily be identified I know I’ve been selfish and hurt a lot op people.

gomer

smithers1981 wrote: »

Just to clarify £100k equity in house so 50/50 I was planning to give her my half instead of £300 a month also offered to help with trips clubs clothes etc.

She saw solicitor today and we gonna discuss things tomorrow currently on night shift.

Not sure what options are as for pension she has more than me and we not married just wanted to cloud things so I couldn’t easily be identified I know I’ve been selfish and hurt a lot op people.

....And the girlfriend?

Gavin83

Pollycat wrote: »

I really don't understand the point you're making. :huh:
I asked a question.
You said it was clear to you.
I said it wasn't clear to me.

Seriously, how much more clearly do I need to spell this out? I thought it was entirely obvious, which the OP has now confirmed. I was being polite, in essence a “I see your point” when really I didn’t understand how you couldn’t see it at all. I’ve learnt a lesson though, I’ll just be more direct in the future.

Anyway this is getting silly, I’m done with it now. The OP has now returned and confirmed what he was saying.

smithers1981 wrote: »

Just to clarify £100k equity in house so 50/50 I was planning to give her my half instead of £300 a month also offered to help with trips clubs clothes etc.

She saw solicitor today and we gonna discuss things tomorrow currently on night shift.

Not sure what options are as for pension she has more than me and we not married just wanted to cloud things so I couldn’t easily be identified I know I’ve been selfish and hurt a lot op people.

If you aren’t married forget pensions, you need to focus on the house. You really need to get your 50% out of it. I really wouldn’t recommend substituting that for maintenance, it will come back to bite you.