Divorce

Thejoke15

We would need too sell the family home first then there’s enough money to buy us both three bedroom houses 

propertyrental

What does your divorce solicitor say?

badmemory

What about your childrens schools?  If you are unlucky you may have to tolerate her in the property until your youngest is 18.  Will you be taking the children to school & collecting them or will your ex need to keep shorter hours so she can do that until they are old enough to be home alone.  Which if the law & social services are being stroppy is 18.

GDB2222

Thejoke15 said:

No savings of any kid . She’s gotta better pension than mine. She works part time on £10,740 I work full time £29399.92 . She could move the full time  but she will be better off than me anyway with her wages an universal credit plus my child support payments. I wanna stay in the house and give her £135k which would buy her three bedroom house outright no Mortgage or happy sell at 50/50 she’s never paid a penny too the house bills or mortgage. Am I being unreasonable asking for 50/50

Will £135k buy her a 3 bed house in the same school district, etc?

GDB2222

Thejoke15 said:

We would need too sell the family home first then there’s enough money to buy us both three bedroom houses 

You have two threads running, and you are drip-feeding information, so it's a bit hard to keep track.

If you can provide a reasonable home for your wife and kids, plus a reasonable home for yourself, all paid for out of the equity in the present family home, that sounds like a pretty good starting point. If the kids will spend most of their time with mum, then you may have to accept that she gets more than 50%, so she gets the better home.

marcia_

Thejoke15 said:

We would need too sell the family home first then there’s enough money to buy us both three bedroom houses 

 Thats not what you originally posted.
You said you wanted to stay in the family home and you would spend £135k on a new home for her.

Thejoke15

The 135k would get her semi detached behind were she was brought up with her parents the kids would still be in the same school. Her parents take them school every day anyway. I said stay in the house in case I need re mortgage too get the equity out.

Thejoke15

They wouldn’t be changing schools. She never takes them school her parents do every day.

GDB2222

Thejoke15 said:

The 135k would get her semi detached behind were she was brought up with her parents the kids would still be in the same school. Her parents take them school every day anyway. I said stay in the house in case I need re mortgage too get the equity out.

You may not get away with 50/50, but it's beginning to look feasible. 

Are you planning on getting a solicitor, or hoping to DIY this?

Thejoke15

DIY I was hoping she knows all the money come from my parents