Jump to content
justbreath

Percentage of assets in divorce.

Recommended Posts

Fossy

Speak to a mortgage broker before you put together your plan, when we recently took out a new mortgage the criteria had changed significantly ie we had to show the ability to fulfill mortgage repayments in full irrespective of current rental payments we were receiving. The bank won’t care if you plan to rent out a room, you have to prove your ability to pay 100% of the mortgage on your own, they will look through your spending with a fine tooth comb and seek explanation of everything ie professional fees, Netflix, Uber eats. It has become very stringent.

I hope you can make it all work out for you and your children, a good family lawyer is worth their weight in gold.

Share this post


Link to post
Share on other sites
Fossy

Weird double post

Edited by Fossy

Share this post


Link to post
Share on other sites
justbreath

Thank you for all the insight.

Edited by justbreath
  • Like 1

Share this post


Link to post
Share on other sites
LaurenC2019

Hi, old thread but just make sure you formalise any agreement you do come up with via a consent order or a binding financial agreement.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

×
×
  • Create New...