Divorce

Enforcing Family Court Orders

Enforcing Family Court Orders

Pilot faces a £600,000 payment and a freezing order after losing his Court battle over the enforcement of a family Court order. Whenever a divorcing couple end up in Court with a family judge making the decision on how their assets should be divided or how much spousal maintenance and child support should be paid there is always a risk that either the husband or wife or both of them may be very unhappy with the outcome of the Court proceedings and their Court Order. The dissatisfaction with a family Court judgement and financial order can lead to appeals against the decision or to orders being deliberately flouted in the hope that an ex-husband or wife won't want to launch further Court proceedings to enforce the original financial Court order. Sometimes financial Court proceedings can take on a life of their own. The media has recently highlighted the case of Richard Wilmot and his ex-wife Viki Maughan who have been engaged in a 16 year battle over payment of child support, with paternity of the youngest child being in dispute despite DNA testing. The Court has ruled that just shy of £600,000 should be paid to the ex-wife, consisting of child support arrears and legal costs. Importantly the Court has also made a freezing order freezing property, money in bank accounts as well as pension and insurance monies. The Court decision to freeze assets shows just how far family judges are prepared to go to make sure that Court orders are complied with. A read of the Court judgement emphasises just how exasperated the judge was by the ‘’utter folly’’ of the ex-husband’s actions resulting in him being ordered to pay nearly £600,000 when the child support arrears only amounted to about £115,000 with the rest of the monies being legal costs and the costs of specialists employed by the ex-wife to trace and recover the money. The case highlights the financial and emotional costs of engaging in a long drawn out Court battle but, perhaps more importantly, shows the long arm of the law, in this case over a 16 year period to enforce the payment of child support . [related_posts] In my view this unhappy Court saga reveals why it is so vital to try and reach an out of Court financial settlement that both an ex-husband and ex-wife can live with to avoid enforcement Court litigation and costs. That isn’t always possible. If a financial Court order has to be made by a judge it is important to take legal advice on appeal options and, if necessary, enforcement options to avoid the costs of the Court proceedings getting out of hand and ultimately, as in the case of Mr Wilmot, dwarfing the amount in dispute between husband and wife. If you need help with the terms of a financial settlement or a Court order please contact us.
Robin Charrot
Mar 19, 2018   ·   3 minute read
Jail for Breach of Family Financial Court Order

Jail for Breach of Family Financial Court Order

When I read that an 83 year old had been jailed for 14 months I assumed that he had been sent to prison for a very serious criminal offence. Reading on I learnt that the businessman had been incarcerated for breaching a family financial Court order. The case of Mr and Mrs Hart highlights that family law judges do have the power to enforce financial Court orders although it remains very rare for a family Court to jail a husband or wife for contempt of Court. What led to the incarceration? In 2015 Mr and Hart got divorced and Mr Hart was ordered to pay his ex-wife 3.5 million of the couple’s reported assets of 9 million. The Court order involved the transfer of shares in a property company from the ex-husband to his ex-wife. Mrs Hart complained that her ex-husband had breached the financial Court order and she wasn’t able, as a result of Mr Hart’s actions, to run the property company. Those difficulties led to an application by Mrs Hart for Mr Hart’s committal to prison for contempt of Court. When sentencing Mr Hart to custody the judge highlighted the attempts made by Mrs Hart and her lawyers to avoid pursuing the committal application but ultimately, in the judge’s view, there was no option other than a prison sentence to ensure the original financial Court order would be complied with. Can all financial Court orders be enforced? A lot depends on the precise wording of the Court order. That is why, in my opinion it is vital to make sure that Court orders are written in a way that if either a husband or wife doesn’t comply with what they were ordered to do that the Court order can be enforced. In some situations it is important to anticipate difficulties and to therefore make sure that the family finance Court order gives a tight deadline for the transfer of property, or sets out exactly how a family home will be sold (for example recording the mechanism for agreeing the sale price and the choice of estate agent) and, where possible, providing for the sale of an asset if a transfer of property doesn’t take place by the Court imposed date. The other important thing to bear in mind is to try and keep financial Court orders as straightforward as possible, subject to the nature of the family assets. Sometimes an ex-husband and wife want to continue to co-own a property or a company together after a divorce but that type of financial settlement, even if incorporated into a Court order, can lead to difficulties and enforcement applications. That is why if there is a simple financial solution the family Courts often prefer that type of Court order to achieve closure and avoid the cost of bringing enforcement action. [related_posts] Can financial orders be varied? If a family judge has made a final financial order then normally most aspects of the order can't be changed save for the amount of any spousal maintenance. However depending on the precise wording of the order the Court could be asked to extend time to make a payment or to change how a property is sold. That is why it is important to get specialist legal advice when sorting out a financial agreement so that both an ex-husband and ex-wife know where they stand if they want to vary the financial Court order or they need the order to be enforced.   For advice on enforcing family financial Court orders or to discuss divorce financial settlement options please contact us.
Robin Charrot
  ·   3 minute read
IZMIR, TURKEY – Jan 01, 2018: Young muslim bride and groom wedding photos, Islamic wedding of bride and bride groom

Sharia law and marriage in England – changes proposed by the government

An independent report on sharia law, commissioned by Teresa May when she was home secretary, reported last week on the operation of sharia law in England. The review was set up because of a concern that sharia law was being used as a second legal system in England and potentially sharia councils were discriminating against the women who use the councils to seek a divorce. https://www.gov.uk/government/publications/applying-sharia-law-in-england-and-wales-independent-review Sharia law and councils have no legal standing in England and Wales. It is often reported in the media that sharia law is operating in Muslim communities in England and Wales. It is also said that sharia ‘’courts’’ are becoming a parallel legal system in England and Wales. The report highlights the misconceptions that many people and the media have over sharia law and confirms the fact that sharia councils are not ‘’courts’’ and the members of the council are not ‘’judges’’ and don’t make decisions that are legally binding in English law. Why the concern then about the operation of sharia councils? The worry that led to the commissioning of the independent report into sharia councils was that about 90% of the people who seek help from the councils are women wanting a divorce. Women are the main users of sharia councils as married men don’t need to apply to the council for an Islamic divorce as they can issue a Talaq – a unilateral declaration of divorce. Some will question the need for government concern over women securing Islamic divorces through sharia councils but the worry is that women are reaching financial agreements with their husbands over the division of family assets in order to secure their husband's consent to an Islamic divorce or that when sharia council members are unofficially ‘’mediating’’ agreements with a couple they are applying Islamic law rather than English law to how family assets should be divided and adopting a very different role to a qualified family mediator. That puts Muslim women at a financial disadvantage when seeking a divorce, in comparison to their contemporaries using the British Courts. So why would a woman go to a sharia council rather than to a traditional family law Court to get a divorce and a financial settlement? The report states that many women resort to using sharia councils because they underwent Islamic marriage ceremonies and therefore aren’t legally married under English law. In general that type of marriage can put women under a real financial disadvantage in comparison to women who have participated in an Islamic marriage as well as a British recognised civil ceremony. When coming to its recommendations the authors of the report recognised that to stop women being disadvantaged by turning to sharia law and councils the women needed an alternative redress: the family Court system. The report therefore proposes a change in the law to require those going through an Islamic marriage ceremony to have a civil recognised marriage ceremony. That would then mean that married men and women would have to apply to the Court for a divorce and a financial order. The report also highlights the need to educate on the availability of Court remedies even if a couple have used a form of ‘’mediation’’ or arbitration at a sharia council. That is because the ‘’agreement’’ reached at a sharia council may not reflect the financial outcome that a wife would reasonably expect to receive in an English family Court or is unaware of the options open to her after reaching an agreement as part of the package of getting her husband's agreement to an Islamic divorce. No doubt it will take a while for the report’s conclusions to be digested and fully considered by all the interested parties and any agreed actions implemented through changes in the law. In the meantime what should you do if you think that your only option is to apply to a sharia council for a divorce? Take legal advice from a specialist family solicitor. The sharia council may not be the only option available to you and getting legal advice on what a family Court would award you in divorce Court proceedings could make all the difference to whether or not you decide to use a sharia council , and if you do , the outcome of how family money and property is divided. For advice about any aspect of family or children law please call me on +44 (0) 1477 464020 or email me at louise@evolvefamilylaw.co.uk
Louise Halford
Feb 05, 2018   ·   4 minute read
India’s Supreme Court Rules Talaq Divorce Unconstitutional

India’s Supreme Court Rules Talaq Divorce Unconstitutional

As a divorce solicitor, I often complain about some of the seemingly archaic rules and procedures that have to be complied with to obtain a divorce in the UK. Not only does a petitioner for a UK divorce have to establish that their marriage has irretrievably broken down as a result of adultery, unreasonable behaviour or after a period of separation, but they also have to fill in a divorce petition and sign a supporting statement during the Court process in order to finalise the end of their marriage and get a Decree Absolute of divorce. The divorce process can involve a lot of form filling and normally takes between 4 to 6 months to complete. Many people in the UK have heard of the Talaq and perhaps think that an instant divorce by a husband repeating the word ‘’Talaq’’ three times would simplify the divorce Court process in the UK. Undoubtedly it would but many Muslim countries are now banning the Talaq on the basis that it is unfair to women as whilst a women can agree to marriage she cannot initiate a Talaq, leaving women vulnerable to being quickly discarded without Court process and without financial protection. . As reported by the BBC, India’s Supreme Court is one of the latest Courts to rule on the Talaq divorce process and to rule it unconstitutional. https://www.bbc.co.uk/news/world-asia-india-40897519 The Indian Supreme Court reached this opinion after 5 women appealed against the use of the triple Talaq by their respective husband's and the injustice it created for them and their children. The Indian Supreme Court agreed that the Talaq is unfair. In addition, the European Court of Justice has also recently looked at the Talaq and given an opinion on whether a Talaq is a valid divorce. The Court has ruled that European laws do not cover Sharia divorce. That means a Talaq divorce can't be recognised by the European Court of Justice and needs to be accepted by the individual country as a valid means of divorce. https://www.bbc.com/news/world-europe-42424547 What does this all mean for UK wives who are told about a Talaq divorce or alternatively are threatened with one? ATalaq divorce isn’t recognised in the UK unless the Talaq was not only legal and effective in the country in which it was pronounced but also complied with procedural requirements. That means the UK Court will have jurisdiction to decide on whether the couple can get divorced or not, provided that the marriage is a legally recognised marriage in the UK. If so, not only does the wife get the protection of having to petition or respond to a formal divorce petition but she can also ask the Court to help her financially with an interim or short term maintence award ( known as maintenance pending suit ) and / or long term financial orders sorting out ownership of property and payment of maintenance. So if you are presented with a Talaq or threatened with one then legal advice should be sought. The Talaq may well not be valid and , as importantly, there are legal UK Court remedies to help sort out child care arrangements and financial matters. For advice about any aspect of divorce or children law please contact us. [related_posts]
Louise Halford
Jan 10, 2018   ·   3 minute read
You Can Get an Extra Financial Order in the UK After an Overseas Divorce

You Can Get an Extra Financial Order in the UK After an Overseas Divorce

International families are becoming increasingly common as the world reopens to travel after the global pandemic. Nowadays it isn’t uncommon for a couple to get divorced in a country where they are living and for a husband or wife to then want to see if they can get a divorce financial settlement in England. In this article, international family lawyer and divorce financial settlement solicitor, Robin Charrot, looks at when you can get a divorce financial settlement in England where you got divorced overseas. For expert Divorce and Financial Settlement advice call our team of specialist divorce lawyers or complete our online enquiry form. Financial settlement claims after an overseas divorce Even if you got divorced abroad you may be able to ask the court in England for a financial settlement as part of your divorce. This may be the case whether you got a foreign financial court order or you got no divorce financial settlement overseas. The law on divorce financial settlements and foreign divorces The law on divorce financial settlements after foreign divorces is contained in part III of the Matrimonial and Family Proceedings Act 1984. The law allows some people to bring a financial  claim in England even though their divorce took place overseas. The law is designed to protect spouses whose partners have rushed to start divorce proceedings in a country where they know that their husband or wife will get a reduced financial settlement in comparison to what an English court would order. Can I apply for a divorce financial settlement after my overseas divorce? You can only apply for a divorce financial settlement in the UK if you got divorced abroad and the foreign divorce court either made no financial court order or it was not sufficient. In addition, you must satisfy these three eligibility criteria: You have sufficient connection to England Your divorce is valid legally You have not remarried If you satisfy these three eligibility criteria you need to make a court application for permission to pursue an application under the 1984 Act. [related_posts] Sufficient connection to England Sufficient connection to England is the eligibility criteria that raises most questions and where disputes over an application under part III of the Matrimonial and Family Proceedings Act 1984 tend to focus. Sufficient connection with England can be demonstrated by one of: You or your ex was domiciled in England at the time of the overseas divorce or at the time of the application You or your ex was habitually resident in England for 12 months before the date on which the overseas divorce was finalised or for 12 months before the date of the application You or your ex has an interest in a property in England that was the family home or matrimonial home. You do not need to be the legal owner of the property to make a claim but if court jurisdiction is based solely on the existence of an interest in property your claim is limited to the value of the property Domicile and habitual residence are complex legal concepts and whether you are domiciled or habitually resident in England will depend on your circumstances. For advice on jurisdiction to bring a claim after an overseas divorce call our team of specialist divorce lawyers or complete our online enquiry form. How does the English court decide on a divorce financial settlement after an overseas divorce? The English court has discretion to make a financial settlement once you have leave to make your application. To succeed in your application, you need to be able to show that you tried to get reasonable financial provision in the foreign country and you either received no divorce financial settlement or the award was unreasonable. The court can order the transfer or sale of property, a lump sum payment, spousal maintenance or a pension sharing order. Sometimes when a couple have agreed a divorce financial settlement overseas, they need a UK pension sharing order to implement the pension share of an English pension scheme and this can be achieved using the 1984 Act. Foreign divorces and divorce financial settlement claims are not easy and that is why you need specialist legal advice from a family law solicitor with expertise in international family law. For expert Divorce and Financial Settlement advice call our team of specialist divorce lawyers or complete our online enquiry form.
Robin Charrot
Feb 10, 2016   ·   4 minute read
What Does Habitual Residence Mean?

What Does Habitual Residence Mean?

In this blog, children and child abduction solicitor, Louise Halford, looks at what habitual residence means and why it is important in children law proceedings, and in applications for child arrangement orders and disputes over parental child abduction. For expert child abduction and children law advice call our team of specialist divorce lawyers or complete our online enquiry form. Why is your child’s habitual residence important? For international families the legal concept of habitual residence in children law is important. If your child is classed as habitually resident in England, then the court in England and Wales will have the jurisdiction to decide where your child should live, who they should have contact with and whether they can live overseas. A child’s habitual residence can be complicated because a child can be habitually resident in the UK even though the child is not a British citizen and nor are their parents. If your family is in the UK on a work visa or family visa or dependant visa, your child may be habitually resident in England. If you are planning to leave the UK with your child it is best to speak to a children law solicitor to see if your child may be habitually resident in the UK and to understand the steps you need to take to legally take your child out of the UK. If your child is habitually resident, and you don’t follow the correct steps and procedures before leaving the UK with your child, then you could be committing a child abduction offence. The English court could order that your child is returned to England so the English court can decide on where your child should live. What does habitual residence mean? Put simply, habitual residence means where you normally live. A child can be habitually resident in a country even though the child’s parents don’t live in that country. Habitual residence does not have anything to do with your nationality as you don’t need to be a British citizen or have indefinite leave to remain to be habitually resident in the UK. It is a question of fact. When assessing if a child is habitually resident in England, a child abduction solicitor or children court will look at how integrated the child is. For example, does the child go to school in the UK? Is the child enrolled at sports or other leisure groups in the UK? [related_posts] What happens if my child is habitually resident in England? If your child is habitually resident in England then the English court has jurisdiction to decide where your child should live if there is a dispute with the other parent. Under English law you can't take a child to live overseas without the agreement of the other parent and the consent of anyone else who has parental responsibility for the child. If you can't get written permission you can apply to court for a relocation order. If you leave the UK without a relocation order or written consent then you could be accused of parental child abduction and your child could be made the subject of a return order. The law may seem bizarre to some parents, especially when you are intending to return to a home country or a country where you have strong family or other ties. However, children law solicitors recommend that you get legal advice on the meaning of habitual residence and how the legal concept may affect you and your family and the children law order solutions available to you so you can go ahead with your plans to leave the UK with your child. For expert child abduction and children law advice call our team of specialist divorce lawyers or complete our online enquiry form.
Louise Halford
  ·   4 minute read
Adult senior 60s woman working at home at laptop. Serious middle aged woman at table holding document calculating bank loan payments, taxes, fees, retirement finances online with computer technologies

How to Offset Pension Claims on Divorce?

Pension claims on divorce are always a tricky issue because pensions are not the same as any other kind of asset. This is because a pension cannot be fully accessed straight away, whereas all other assets usually can. One way of dealing with them is to split the pension in two (called 'pension sharing'). However, this kind of solution has never been very popular since it was introduced over 15 years ago, partly because the person with the pension tends to have an emotional attachment to it, partly because the person without the pension wants cash (or another asset) instead of the pension, and partly because to achieve a fair split you need a report from a financial expert, which normally costs £1500-£3000 in extra fees. So most people resolve the pension issue by 'offsetting' the value of the pension against other assets in the matrimonial 'pot'. For expert help with your Divorce and Pension call our team of specialist divorce lawyers or complete our online enquiry form. Comparing the Values of Pensions However, this leads to another problem: How do you compare the value of a pension against the value of another asset? Until now, the way this was done in most cases was to take the cash equivalent value ('CEV') of the pension and then lop off a bit (non-scientific i know!) to reflect the fact that it could not be fully accessed straight away. This approach has a number of difficulties, partly because a CEV can underplay the true value of the pension (particularly with final salary schemes) and partly because the 'lopping off' figure is not scientific. A change of approach is in the case of WS v WS [2015] EWHC 3941 (Fam) 11 December 2015. In this case, the 'offsetting' involved was actually between two different kinds of pension; a money purchase scheme held by the husband, and a much larger final salary scheme held by the wife. The other wrinkle was that the husband and wife were already retired. However, I think the principle could apply to offsetting between a pension and any other kind of asset. Instead of using the pension CEV, the court looked at the projected future income from the larger pension (always a more reliable indicator of the true value of the pension), worked out what part of that the husband should have, fed that figure into a 'Duxbury' calculation (the calculation usually used by family courts to capitalise spousal maintenance payments) and the resulting capital figure was the value of the cash payment to the husband to offset his claim against the wife's pension. How Do Pensions Claims Work? Applying this guidance to a 'real world' example: Husband and wife are both 50 years old. Matrimonial home with equity of £500k. Husband has pension with a CEV of £500k and projected future income at age 60 of £20k p.a. Wife has no pension. Husband wants to keep his pension and wife wants more equity in the house to 'offset' the pension. Before any offsetting, wife would otherwise be walking away with £250k from the house. Wife's fair share of the projected pension income is £10k p.a. from age 60. Duxbury calculation says that the capital payment which would produce an income of £10k p.a. from age 60 is £160k. Discount applied for accelerated payment of the £160k (under a pension sharing order wife's share of pension would only start to be paid in 10 years). This is still going to be an arbitrary figure. Say 25% = £40k So the offset figure for the pension is £120k and the wife therefore takes £370k from the house, and the husband takes £130k from the house and keeps his pension. It is going to be interesting to see whether pension liberalisation changes the courts' views of pension offsetting any further. We previously had an indication that the courts will treat pensions more like bank accounts from SJ v RA [2014] EWHC 4054 (Fam) but this is an over-simplification, given the tax consequences of unlimited withdrawals from a pension, but the case of WS v WS demonstrates more enlightened thinking. [related_posts]   For expert help with your Divorce and Pension call our team of specialist divorce lawyers or complete our online enquiry form.
Robin Charrot
Feb 08, 2016   ·   4 minute read
Serious sad woman thinking over a problem, man aside, meeting therapist, poor chance of getting pregnant after 40, unmet expectations, unable to handle family finances, interested in different things

Can Bad Behaviour Affect a Financial Settlement on Divorce?

When I first see a client regarding their divorce, one of the questions they will most often ask me as a Manchester divorce solicitor is ‘can my spouse’s bad behaviour impact our financial settlement on divorce?’ Often, the desire to apportion blame for the breakdown of the marriage and divorce can result in a husband or wife wanting the financial settlement to reflect this, for example when a spouse has had an affair, and the affair has involved some level of dishonesty. If you are separating or divorcing and have questions about how your husband or wife's behaviour will affect your financial settlement then the Manchester divorce solicitors at Evolve Family Law in Whitefield can help you. Call us or complete our online enquiry form. Our solicitors are approachable and friendly, providing pragmatic expert divorce and financial settlement solutions.   Divorce proceedings and unreasonable behaviour A spouse’s bad behaviour can be very relevant to the actual divorce proceedings, because under the current law ‘bad’ behaviour always has to be used for a divorce which is started less than two years after separation. The direct financial effect of this ‘bad’ behaviour is usually an order for the ‘bad’ spouse to pay the legal costs of the divorce proceedings (normally about £1,500).   The link between ‘bad’ behaviour and division of finances is less definite, and a spouse will very rarely get less of the family money because they have had an affair. However, a spouse’s behaviour during the marriage must be considered by a court (the court refers to it as ‘conduct’) when it is deciding what would be an appropriate financial settlement.   Is the behaviour gross and obvious? The court’s view is that a spouse’s conduct will only affect the financial settlement if it is ‘gross and obvious’, and so serious that it would be unfair for it to be ignored. Whether a spouse’s conduct has been serious enough to be classed as ‘gross and obvious’ will be a highly subjective decision. From the point of view of an experienced Manchester divorce solicitor, I know it when I see it!   What is classed as bad behaviour? There are a number of forms of bad behaviour or ‘financial conduct’, as it is called in legal terms. It is always easier for the court to change the financial settlement if there is a direct link between a spouse’s conduct and the family’s finances, for example: If a spouse has needlessly stopped working, or recklessly overspent, or gambled away a lot of the family’s money; If a spouse has physically assaulted and injured the other spouse so that their ability to work and earn money has been affected; If a spouse has been found guilty of a financial criminal offence, e.g. fraud. [related_posts] Other types of financial conduct – during the divorce Dragging out the divorce proceedings, or running up needless and excessive legal costs: This isn’t usually reflected in the financial settlement. Instead, the court can order the guilty spouse to pay some or all of the other spouse’s legal costs; Hiding assets or lying about your financial situation and not giving proper financial disclosure: This commonly happens, the most high profile example being the Supreme Court cases for Alison Sharland and Varsha Gohil. Rather than changing the financial settlement, the court can do one or more of the following: Assume, when making a final financial decision, that the guilty spouse is much more wealthy than they say they are; Order the guilty spouse to pay some or all of the other spouse’s legal costs; If the lying is discovered after a final decision, setting aside that decision or financial court order and starting all over again.   Examples of non-financial conduct It is less easy, but not impossible, for the court to change the financial settlement as a result of conduct which does not have a direct financial effect. The fact that one spouse has had an affair, or the usual arguing and name calling that often accompanies marriage breakdown will not normally be considered serious enough to be ‘conduct’.   Examples of non-financial conduct which have changed an award are: violent or sexual assaults on the spouse, children or close family members; refusing to move in with a spouse after marriage; continued serious harassment of spouse’s new partner; Inability to give spouse respect and affection.   How much does conduct change the financial settlement? The impact of the conduct on the financial settlement will vary greatly, and entirely depends upon the particular circumstances of the case. Often, the person guilty of the conduct will already be in a bad position, for example in jail or having lost their job. However, even in those cases, the court can decide to reduce or even ignore that person’s financial needs because of their conduct. Manchester divorce solicitors Manchester divorce solicitors at Evolve Family Law in Whitefield are experts who offer a friendly and solution focused family law service. Call us or complete our online enquiry form.
Robin Charrot
Oct 26, 2015   ·   5 minute read
Home for sale. Sign in front of new home

Should I Sell the Family Home Before or After my Divorce?

Taking the decision to separate may mean you want to ‘hunker down’ and not make any decisions about divorce financial settlements and the family home. Others may want to get the family home on the market and sold so they can make a fresh start, unhampered by the memories associated with the property. In this article, divorce financial settlement solicitor, Robin Charrot, looks at the options of selling the family home before or after your divorce. For expert Divorce and Financial Settlement advice call our team of specialist divorce lawyers or complete our online enquiry form. Selling the family home – getting the timing right The important thing is to not rush into making decisions about the family home as whilst your instant view may be that you want to move because of the marriage breakdown, or you want to stay because the children’s school is nearby, feelings and circumstances can change over time. There is no right or wrong answer about whether to sell the family home before or after your divorce. A lot will depend on your circumstances. For example, if you are in a six bed property with grounds and the children have grown up and left home, the separation may be the push to sell the family home and to do it now rather than wait until after the divorce. Your views on the timing of the sale of the family home may be influenced by whether you think the property boom will end or not. If you are in the camp that thinks the UK is heading into a recession and a housing market crash, you may believe it is better to sell up now, rather than wait. Waiting may not be in your best interests if you will end up downsizing in a property slump. A divorce financial settlement solicitor can help you look at your options to try and work out which one suits you best. [related_posts] Things to consider about the timing of the sale of the family home There are loads of things to weigh up when you are debating about whether to sell the family home before or after your divorce. Here are just a few: If you sell up, will you buy another house straight away or rent? Is renting a more expensive option or is it best in your situation as you will then be chain free when you find something else to buy If you get off the property ladder by selling the family home, do you risk pricing yourself out of buying the house you want if property prices continue to rise? Is the family home mortgaged? Is a preferential mortgage rate due to expire? Can you transport an existing mortgage to your new property? Will you be able to get another mortgage if you have recently started a new business or because of other changes in circumstances? Is it too early to sell up until you know the value of all the family assets, such as pensions or the family business? You may prefer to stay in the family home by offsetting the value of other assets Until you have more information about your partner’s income and your earnings capacity you may not know if you can afford to stay in the family home with your anticipated income and the potential for spousal maintenance payments If the family home is owned in joint names, or your sole name, your ex-partner could refuse to cooperate with the sale of the family home until a financial court order is made. If the house is owned by you, your ex-partner could place an objection at the land registry to prevent a sale or remortgage. Alternatively, they may only agree to sign the sale paperwork if you both agree that all or a percentage of the net proceeds of sale are retained in a solicitors account until you have reached a full divorce financial settlement when the sale proceeds will be divided in accordance with the financial court order Sale or delay Sometimes people are anxious to sell up because they cannot cope with continuing to live with their ex-partner at the family home as the divorce financial settlement process is taking too long. A divorce financial settlement solicitor can: Advise on whether you have the grounds to apply for an injunction order so you can stay at the family home until the court decides if the family home should be sold. This is known as an occupation order or ouster injunction Help you understand the range of financial settlement court orders the court could make in financial settlement proceedings to assist you in reaching an agreement in family mediation or by through solicitor negotiations For expert Divorce and Financial Settlement advice call our team of specialist divorce lawyers or complete our online enquiry form
Robin Charrot
Oct 19, 2015   ·   5 minute read