Divorce is widely cited as one of life’s most taxing experiences, ranking high on the scale of emotional and physical stress. Amidst the sea of legal paperwork and emotional recalibration, one of the most daunting hurdles is the question of “home.” Whether
One of the largest components of any divorce is the issue of the family home. With over 1/3 of all households having a mortgage, and many divorcees also having the odd rental property or two – the case of mortgages is always high on
As a Mortgage Capacity Advisor my main role is to ascertain the amount of mortgage lending a divorcing individual or couple can borrow to help them negotiate a fair settlement. Although each individual or couples’ circumstances differ, and each assessment is unique,
Your mortgage might be the biggest financial asset you share with your partner, and when you decide to part ways, it could be your biggest stumbling block. There’s no doubt about it: divorce makes mortgages complicated. As a joint mortgage holder, you
According to the Office for National Statistics, divorce rates in England and Wales were higher in 2013 when compared with 2003 for men and women aged 50 and over, commonly referred to as “silver splitters”. Last month my colleague wrote about the
In this interview with financial advisor Sheila Bailey of Willow Private Finance – in my role as the Suzy Miller of Alternative Divorce Guide asked Sheila how to get approved for a mortgage post divorce. “Are the new mortgage rules going to make life even harder for separating families,
Mortgage Capacity Assessment – Helping to Negotiate the right divorce Settlement. Recently a friend of mine who is currently going through a divorce came to me with a problem. She had done everything right so far; she had sought advice from a
I remember lying in bed a year and a half before my divorce, thinking, I can’t even get a part-time job at the local variety store. I was once well-educated, with a degree and a postgraduate diploma, yet I felt completely worthless.
When relationships end, property disputes have a way of cutting deeper than just financial loss; they strike at security, fairness, and dignity. For unmarried couples, this reality is especially stark. Unlike divorcing spouses, who benefit from a robust framework under family law,
Sponsored post by Fair Result. Divorce can have a significant financial impact, often leaving individuals feeling uncertain about their future. Taking control and focussing on long-term financial planning is crucial for recovery and stability. This blog aims to guide you through the process
(Sponsored post by Fair Result.) Many people focus on the divorce process itself, but in reality, the financial settlement is often the most complex and costly part. It’s important to remember that financial discussions are separate from the divorce application, and many
Grieving for the loss To some people it might seem ridiculous or petty to feel upset about the loss of your family home, but research shows moving home is one of the most stressful life experiences you can go through and it’s
