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Episode 34: Who gets the house in a divorce?

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Manage episode 423026734 series 3359264
Content provided by Stowe talks. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Stowe talks or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The family home can often be the most emotive element of a divorce. Steeped in memories, many ex-couples face the difficult decision about what to do with the house, in the short and long term.

In this episode, hosts Matt & Liza deep dive into all things property and divorce including:

00:35 Why is the family home so important?
01:56 The legal ownership of a property - joint tenants v tenants in common
04:00 What happens if the house is in one person’s name?
06:00 The importance of Wills
07:25 Living together or moving out during the separation? Options and considerations of both.
08:08 If one person moves out, can you change the locks?
11:47 Who is responsible for the mortgage?
13:20 What happens to the household bills?
14:00 Options on what to do with the mortgage
14:47 The importance of budgeting and maximising income
16:08 How to decide what to do with the family home
16:49 Family home v the pension
16:55 The dangers of ignoring pensions
17:58 The potential impact on children, and how to handle it
19:33 What are the legal options for the family home in divorce proceedings?
23:56 The difficulty in determining the value of the property
27:22 When is the best time to sell the house?
33:30 What if the other person refuses to sell the house?
38:30 Tops tips on dealing with the family home during divorce
If you need support with the issues raised in this podcast, or would like to speak to a family lawyer, you can contact Stowe at: https://bit.ly/35WPSj2

Additional information

Budgeting during a cost of living crisis https://youtu.be/LE-NCCOiiB4
The dangers of a DIY divorce - https://bit.ly/3Tsvql7
Taking control of your finances on separation: https://youtu.be/CIp6n4pgd9k
How to prepare for a financial settlement: https://youtu.be/ixzT30CyMo0
How to get a financial consent order: https://youtu.be/-FlSjw4tTXM
Creating financial well-being https://youtu.be/SHADBMdHf4Y?si=xodKZkigxaAZvsgd

If you need support with the issues raised in this podcast, or would like to speak to a family lawyer, contact Stowe at: https://bit.ly/35WPSj2

Join our list to get the latest from our lawyers, divorce coaches and relationship experts sent monthly to your inbox. Everything you need, in one

🔎 Access further free resources to help you through a relationship breakdown and beyond at Stowe support.

🎬 Watch on YouTube - https://bit.ly/3Mwa4wG
Instagram https://www.instagram.com/stowefamilylawuk

Facebook - https://www.facebook.com/stowefamilylaw

LinkedIn - https://www.linkedin.com/company/stowe-family-law/

YouTube - https://www.youtube.com/c/StoweFamilyLaw1
This podcast is brought to you by the Stowe talks team at Stowe Family Law - https://www.stowefamilylaw.co.uk/

  continue reading

35 episodes

Artwork
iconShare
 
Manage episode 423026734 series 3359264
Content provided by Stowe talks. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Stowe talks or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The family home can often be the most emotive element of a divorce. Steeped in memories, many ex-couples face the difficult decision about what to do with the house, in the short and long term.

In this episode, hosts Matt & Liza deep dive into all things property and divorce including:

00:35 Why is the family home so important?
01:56 The legal ownership of a property - joint tenants v tenants in common
04:00 What happens if the house is in one person’s name?
06:00 The importance of Wills
07:25 Living together or moving out during the separation? Options and considerations of both.
08:08 If one person moves out, can you change the locks?
11:47 Who is responsible for the mortgage?
13:20 What happens to the household bills?
14:00 Options on what to do with the mortgage
14:47 The importance of budgeting and maximising income
16:08 How to decide what to do with the family home
16:49 Family home v the pension
16:55 The dangers of ignoring pensions
17:58 The potential impact on children, and how to handle it
19:33 What are the legal options for the family home in divorce proceedings?
23:56 The difficulty in determining the value of the property
27:22 When is the best time to sell the house?
33:30 What if the other person refuses to sell the house?
38:30 Tops tips on dealing with the family home during divorce
If you need support with the issues raised in this podcast, or would like to speak to a family lawyer, you can contact Stowe at: https://bit.ly/35WPSj2

Additional information

Budgeting during a cost of living crisis https://youtu.be/LE-NCCOiiB4
The dangers of a DIY divorce - https://bit.ly/3Tsvql7
Taking control of your finances on separation: https://youtu.be/CIp6n4pgd9k
How to prepare for a financial settlement: https://youtu.be/ixzT30CyMo0
How to get a financial consent order: https://youtu.be/-FlSjw4tTXM
Creating financial well-being https://youtu.be/SHADBMdHf4Y?si=xodKZkigxaAZvsgd

If you need support with the issues raised in this podcast, or would like to speak to a family lawyer, contact Stowe at: https://bit.ly/35WPSj2

Join our list to get the latest from our lawyers, divorce coaches and relationship experts sent monthly to your inbox. Everything you need, in one

🔎 Access further free resources to help you through a relationship breakdown and beyond at Stowe support.

🎬 Watch on YouTube - https://bit.ly/3Mwa4wG
Instagram https://www.instagram.com/stowefamilylawuk

Facebook - https://www.facebook.com/stowefamilylaw

LinkedIn - https://www.linkedin.com/company/stowe-family-law/

YouTube - https://www.youtube.com/c/StoweFamilyLaw1
This podcast is brought to you by the Stowe talks team at Stowe Family Law - https://www.stowefamilylaw.co.uk/

  continue reading

35 episodes

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