Stowe talks

Episode 34: Who gets the house in a divorce?

June 11, 2024 Stowe talks Season 5 Episode 34
Episode 34: Who gets the house in a divorce?
Stowe talks
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Stowe talks
Episode 34: Who gets the house in a divorce?
Jun 11, 2024 Season 5 Episode 34
Stowe talks

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/

Show Notes

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/