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Hi All,
I would be really grateful for some help/advice ahead of my divorce. There must be loads of people who have experienced this, but unfortunately I don’t know any.
My wife is living with son in the family 4/5 bed home valued 600k with £250k mortgage.
Conveniently we have just refurbed the house at a cost if £150k so mortgage is probably maxed. I’m still paying 1/2 £700 monthly to not live there.
I am living in my own 2 bed house, no mortgage and childcare split is 50/50. Both work, earn £45k p/a.
How do I get my £175k equity out of the family home if she won’t buy me out?
Thank you all in advance for your help.
hi,
Have you tried mediation with her? an experienced mediator can try to help you resolve these issues. As a last resort, there is option to apply to court and a judge can make a decision.
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