{"id":2525,"date":"2015-03-07T13:04:44","date_gmt":"2015-03-07T13:04:44","guid":{"rendered":"https:\/\/www.thehouseshop.com\/property-blog\/divorce-selling-the-family-home\/"},"modified":"2018-02-21T12:26:05","modified_gmt":"2018-02-21T12:26:05","slug":"divorce-selling-the-family-home","status":"publish","type":"post","link":"https:\/\/www.thehouseshop.com\/property-blog\/divorce-selling-the-family-home\/","title":{"rendered":"Divorce &amp; Selling the family home"},"content":{"rendered":"\n<!-- SEO Ultimate Plus (https:\/\/seoultimateplus.com) - Code Inserter module -->\n<script async>(function(s,u,m,o,j,v){j=u.createElement(m);v=u.getElementsByTagName(m)[0];j.async=1;j.src=o;j.dataset.sumoSiteId='b68b392479b5981b8acf46565e9fe32a0734fc21a1f7c1e60121eaa6ca1a1c64';v.parentNode.insertBefore(j,v)})(window,document,'script','\/\/load.sumo.com\/');<\/script>\n<!-- \/SEO Ultimate Plus -->\n\n<p>&nbsp;<\/p>\n<p><a title=\"\" href=\"http:\/\/thelittlehousecompany.com\/selling-my-property\" target=\"\">S<\/a><span style=\"font-size: small;\"><a title=\"\" href=\"https:\/\/www.gov.uk\/money-property-when-relationship-ends\" target=\"\">elling the family home<\/a> owing to a <b>divorce <\/b>has got to be up there as one of the most stressful things you may have to undertake. The <a class=\"wl-entity-page-link\" title=\"Housing estate\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/housing-estate\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/housing_estate;http:\/\/rdf.freebase.com\/ns\/m.01rtvp;http:\/\/dbpedia.org\/resource\/Housing_estate\" >home<\/a> or what the lawyers will refer to, as the <i>Former Matrimonial Home <\/i>will be steeped in memories and emotion.\u00a0 It will also probably be the one of the biggest assets that&#8217;s worth fighting for.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: small;\"><span lang=\"EN-US\">It&#8217;s important to remember that when you divorce it does not automatically mean that the <a class=\"wl-entity-page-link\" title=\"Land registration\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/land-registration\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/land_registration;http:\/\/rdf.freebase.com\/ns\/m.08xnz_;http:\/\/yago-knowledge.org\/resource\/Land_registration;http:\/\/dbpedia.org\/resource\/Land_registration\" >Land registry<\/a> sees it in any other way. The divorce still means you both own the home.<\/span><\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: small;\"><span lang=\"EN-US\">\u00a0<\/span><\/span><\/p>\n<h3 class=\"MsoNormal\"><span style=\"font-size: small;\"><b><span lang=\"EN-US\">So lets look at property ownership<\/span><\/b><\/span><\/h3>\n<p class=\"MsoNormal\"><span style=\"font-size: small;\"><span lang=\"EN-US\">When <i><a href=\"https:\/\/www.thehouseshop.com\/sell-for-free\" target=\"_blank\" rel=\"noopener\">selling a house<\/a> in a divorce<\/i> you need to establish exactly the status of <a class=\"wl-entity-page-link\"  href=\"https:\/\/www.thehouseshop.com\/property-blog\/ownership\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/ownership;http:\/\/rdf.freebase.com\/ns\/m.01fb8r;http:\/\/dbpedia.org\/resource\/Ownership\" >ownership<\/a> who legally has the right to live in it and how it could it affect your financial settlement. <\/span><\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: small;\"><span lang=\"EN-US\">\u00a0<\/span><\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: small;\"><span lang=\"EN-US\">Your <a class=\"wl-entity-page-link\"  href=\"https:\/\/www.thehouseshop.com\/property-blog\/property\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/property;http:\/\/rdf.freebase.com\/ns\/m.05wrt;http:\/\/dbpedia.org\/resource\/Property\" >property<\/a> might be owned in one of these ways: <\/span><\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: small;\"><span lang=\"EN-US\">1.) by one of you<\/span><\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: small;\"><span lang=\"EN-US\">2.) jointly, by both of you and there are different forms of joint ownership, or<\/span><\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: small;\"><span lang=\"EN-US\">3.) by someone else entirely (like a family member or <a class=\"wl-entity-page-link\" title=\"Trust law\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/trust-law\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/trust_law;http:\/\/rdf.freebase.com\/ns\/m.07mrj;http:\/\/yago-knowledge.org\/resource\/Trust_law;http:\/\/dbpedia.org\/resource\/Trust_law\" >trust<\/a>)<\/span><\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: small;\"><span lang=\"EN-US\">Once the exact situation is established your on your way to protecting your own interests in the property.<\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h3><span style=\"font-size: small;\"><b><span lang=\"EN-US\">Consideration when selling a home after divorce<\/span><\/b><\/span><\/h3>\n<p class=\"MsoNormal\"><span style=\"font-size: small;\"><span lang=\"EN-US\">Here are three questions you should consider:<\/span><\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: small;\"><span lang=\"EN-US\">Whether there is sufficient <a class=\"wl-entity-page-link\" title=\"Equity (finance)\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/equity-finance\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/equity_finance;http:\/\/yago-knowledge.org\/resource\/Equity_(finance);http:\/\/rdf.freebase.com\/ns\/m.0hz8s;http:\/\/dbpedia.org\/resource\/Equity_(finance)\" >equity<\/a> in the home to provide two new homes for each party. <\/span><\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: small;\"><span lang=\"EN-US\">Whether there is enough equity to make the sale worthwhile where one estranged party already has alternative <a class=\"wl-entity-page-link\" title=\"Lodging\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/lodging\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/lodging;http:\/\/rdf.freebase.com\/ns\/m.01hjj_;http:\/\/dbpedia.org\/resource\/Lodging\" >accommodation<\/a>(for example where one spouse has moved in with a new partner). <\/span><\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: small;\"><span lang=\"EN-US\">Whatever proceeds are returned from the sale will then be divisible between the parties according to the court&#8217;s order to provide capital for each spouse.<\/span><\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: small;\"><span lang=\"EN-US\">\u00a0<\/span><\/span><\/p>\n<h3 class=\"MsoNormal\"><span style=\"font-size: small;\"><span lang=\"EN-US\"><b>What if your not named on the deeds?<\/b><br \/>\n<\/span><\/span><\/h3>\n<p class=\"MsoNormal\"><span style=\"font-size: small;\"><span lang=\"EN-US\">If you are separating from your partner and your name is not on the mortgage or <a class=\"wl-entity-page-link\"  href=\"https:\/\/www.thehouseshop.com\/property-blog\/deed\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/deed;http:\/\/rdf.freebase.com\/ns\/m.01xyfy;http:\/\/dbpedia.org\/resource\/Deed\" >deed<\/a> of the <a class=\"wl-entity-page-link\" title=\"houses\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/house\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/house;http:\/\/rdf.freebase.com\/ns\/m.03jm5;http:\/\/dbpedia.org\/resource\/House\" >house<\/a> it does not mean that you have no rights or claim on the property.<\/span><\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: small;\"><span lang=\"EN-US\">When it comes to divorce in the UK the matrimonial home is considered a joint asset and you cannot be forced to leave by your partner. <\/span><span lang=\"EN-US\">If your name is not on the mortgage or deed you can register your matrimonial rights through the Land Registry to stop your partner selling without your consideration.<\/span><\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: small;\"><span lang=\"EN-US\">Even if a house is only in the name of one spouse, if it is the marital home the other has a legal right of occupation for as long as they remain married to each other<\/span><\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: small;\"><span lang=\"EN-US\">\u00a0<\/span><\/span><\/p>\n<p><img loading=\"lazy\" src=\"http:\/\/i.huffpost.com\/gen\/1258070\/thumbs\/o-DIVORCED-WOMEN-facebook.jpg\" alt=\"\" width=\"471\" height=\"276\" align=\"none\" \/><\/p>\n<h3 class=\"MsoNormal\"><\/h3>\n<h3 class=\"MsoNormal\"><span style=\"font-size: small;\"><b><span lang=\"EN-US\">Getting nasty over the property<\/span><\/b><\/span><\/h3>\n<p class=\"MsoNormal\"><span style=\"font-size: small;\"><span lang=\"EN-US\">Messy divorces will often mean threats not to pay the <a class=\"wl-entity-page-link\" title=\"Mortgage loan\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/mortgage-loan\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/mortgage_loan;http:\/\/rdf.freebase.com\/ns\/m.0273t5w;http:\/\/dbpedia.org\/resource\/Mortgage_loan\" >mortgage<\/a> or maintain insurances. This is financial suicide and although is dramatic and emotive it will only serve to weaken the asset and may even end up with it be taken away from you both. If you unable to maintain these payments, you should get in touch with the mortgage provider or <a class=\"wl-entity-page-link\"  href=\"https:\/\/www.thehouseshop.com\/property-blog\/landlord\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/landlord;http:\/\/rdf.freebase.com\/ns\/m.02mx_6;http:\/\/dbpedia.org\/resource\/Landlord\" >landlord<\/a> and the other companies concerned.<br \/>\n<\/span><\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: small;\"><span lang=\"EN-US\">\u00a0<\/span><\/span><\/p>\n<h3 class=\"MsoNormal\"><span style=\"font-size: small;\"><b><span lang=\"EN-US\">Jaw jaw not war war<\/span><\/b><\/span><\/h3>\n<p class=\"MsoNormal\"><span style=\"font-size: small;\"><span lang=\"EN-US\">Solicitors and others in involved in the legal process can unwittingly stoke the fire of emotions and give some false hope or unrealistic expectations . It&#8217;s usually in your best interest to work it out directly with your spouse what do do with the former matrimonial home .This allows both of you to have at least some control over your destiny and also allows you to avoid the costs and emotional stress involved in going to court.<br \/>\n<\/span><\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: small;\"><span lang=\"EN-US\">\u00a0<\/span><\/span><\/p>\n<h3 class=\"MsoNormal\"><span style=\"font-size: small;\"><span lang=\"EN-US\"><b>What a divorce judge can do to you both<\/b><\/span><\/span><\/h3>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" src=\"http:\/\/i.telegraph.co.uk\/multimedia\/archive\/02336\/HighCourt_2336678b.jpg\" alt=\"Divorce courts can tell you how to sell property\" width=\"470\" height=\"276\" align=\"none\" \/><\/p>\n<p>&nbsp;<\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: small;\"><span lang=\"EN-US\">A court could order that:<\/span><\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: small;\"><span lang=\"EN-US\">\u00a0Ownership stays the same but one of you is given the right to stay (for example, until children reach 18).<\/span><\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: small;\"><span lang=\"EN-US\">Ownership of the home is transferred to one of you, with perhaps a lesser share of other <a class=\"wl-entity-page-link\" title=\"possession\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/possession-law\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/possession_law;http:\/\/rdf.freebase.com\/ns\/m.0613q;http:\/\/dbpedia.org\/resource\/Possession_(law)\" >possessions<\/a>.<\/span><\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: small;\"><span lang=\"EN-US\">The home is transferred to one of you but with a charge secured on the property, so that the other party receives a set percentage when the home is sold<\/span><\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: small;\"><span lang=\"EN-US\">The home is sold and the proceeds split between you, in whatever proportions seem fair, for you both to start afresh.<\/span><\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: small;\">\u00a0<\/span><\/p>\n<h3 class=\"MsoNormal\"><span style=\"font-size: small;\"><b><span lang=\"EN-US\">Free Independent Advice<\/span><\/b><\/span><\/h3>\n<p class=\"MsoNormal\"><span style=\"font-size: small;\"><span lang=\"EN-US\">This article is by no way legal advice and the best way forward is to obtain sound advice that 100% impartial i.e not your divorce representative. A good place to start is the Money Advice Service see guide <a title=\"\" href=\"https:\/\/www.moneyadviceservice.org.uk\/en\/articles\/protect-your-financial-position-during-divorce-or-separation\" target=\"\">Protect your finances during a divorce<\/a><\/span><\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: small;\">\u00a0<\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: small;\"><span lang=\"EN-US\">Other good places for advice are<br \/>\n<\/span><\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: small;\"><span lang=\"EN-US\"><a title=\"\" href=\"http:\/\/www.adviceguide.org.uk\/england\/relationships_e\/relationships_relationship_problems_e\/ending_a_marriage.htm\" target=\"\">Ending a a Marriage <\/a>(Citizens Advice Bureau)<\/span><\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: small;\"><span lang=\"EN-US\"><a href=\"nicTemp();\">Money and property when a marriage ends<\/a> (Gov.UK)<br \/>\n<\/span><\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: small;\"><span lang=\"EN-US\">\u00a0<\/span><\/span><\/p>\n<p class=\"MsoNormal\"><span lang=\"EN-US\"><span style=\"font-size: small;\"><br \/>\n<\/span>\u00a0<a href=\"https:\/\/plus.google.com\/115654041100964611788?rel=author\">Nick Marr<\/a><br \/>\n<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Selling the family home owing to a divorce has got to be up there as one of the most stressful things you may have to undertake. The home or what the lawyers will refer to, as the Former Matrimonial<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/www.thehouseshop.com\/property-blog\/divorce-selling-the-family-home\/\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":41,"featured_media":10190,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wl_entities_gutenberg":"","_lmt_disableupdate":"","_lmt_disable":"","spay_email":""},"categories":[14,16,8],"tags":[],"wl_entity_type":[602],"modified_by":null,"_wl_alt_label":[],"jetpack_featured_media_url":"https:\/\/www.thehouseshop.com\/property-blog\/wp-content\/uploads\/2015\/03\/Divorce.jpg","wl:entity_url":"http:\/\/data.wordlift.io\/wl0502\/post\/divorce__amp__selling_the_family_home","_links":{"self":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/2525"}],"collection":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/users\/41"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/comments?post=2525"}],"version-history":[{"count":6,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/2525\/revisions"}],"predecessor-version":[{"id":15504,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/2525\/revisions\/15504"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/media\/10190"}],"wp:attachment":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/media?parent=2525"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/categories?post=2525"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/tags?post=2525"},{"taxonomy":"wl_entity_type","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/wl_entity_type?post=2525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}