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Selling a House Due to Divorce
November, 2024

Selling a House Due to Divorce

Selling a house during or after a divorce is undeniably challenging, often marked by heightened emotions, complex legalities, and difficult choices surrounding shared assets, children, and financial arrangements. At Shinerocks Estate Agents, we understand that navigating these waters can feel overwhelming, which is why we approach each situation with empathy, sensitivity, and a genuine commitment to helping you move forward.

Navigating the sale of a property during this time requires clear communication, a deep understanding of each party’s needs, and a commitment to finding a resolution that benefits everyone involved - especially when children are concerned.

While every situation is unique, there are common questions and decisions that arise. Here, we address some of the most important considerations to guide you through this process with care and expertise.

Who Gets the House in a Divorce Involving Children?

One of the most pressing questions in any divorce is determining who stays in the family home, especially when children are involved. Ideally, this is a decision reached amicably between both parties, but sometimes the courts must intervene to provide a resolution.

In such instances, a court might issue a Financial Remedy Order, which can involve one partner making a lump sum payment or granting sole ownership of the property to one spouse, often with conditions relating to child custody and care arrangements.

How the Court Decides

When issuing a Financial Remedy Order, courts consider several important factors, including:

The number and ages of any children under 18, their living needs, and who they will reside with.
The financial situation of both spouses, including income, earning potential, and property ownership.
The length of the marriage and the ages of the parties involved.
Physical and mental health considerations of each partner.
The respective financial roles and responsibilities taken during the marriage.

We recognize that making these decisions can be deeply emotional and stressful. Our team at Shinerocks approaches each case with compassion and care, ensuring you have a supportive partner to guide you through difficult choices.

How is a House Divided in a Divorce?

The family home often represents a couple’s most valuable shared asset and can be a major focal point in divorce proceedings. When it comes to dividing this asset, common approaches include:

One spouse buying out the other’s share: This option requires determining a fair value for the property and negotiating a buyout that respects both parties’ interests.

Selling the home and splitting the proceeds: Selling may be the most practical solution when a fresh start is needed for both parties.

In some situations, considerations related to children, shared assets, and court directives like Mesher Orders may influence decisions regarding the property’s future.

What is a Mesher Order?

A Mesher Order delays the sale of a family home until a specified event, such as when the youngest child turns 18. At that point, the property is sold, and proceeds are divided as directed by the court. While this arrangement can offer stability for children, it also keeps both partners tied to the mortgage, which may impact future financial decisions.

Our team at Shinerocks understands the sensitivity required in these situations. We strive to make the selling or division process as stress-free as possible, offering compassionate, patient, and expert support throughout.

Who Gets to Stay in the House During Separation?

In many cases, one spouse may move out of the family home during a divorce. Importantly, vacating the property doesn’t mean relinquishing rights of ownership. Such matters often require careful negotiation and legal agreements to ensure fair treatment of both parties.

Staying Mindful of Financial Responsibilities

Throughout this challenging period, mortgage payments must continue to be met to prevent repossession or financial penalties. We understand that financial pressures can weigh heavily, and our team is here to provide guidance, recommend trusted resources, and ensure your property sale or arrangement is handled with utmost care and professionalism.

Can I Sell My House Before the Divorce is Finalised?

It is entirely possible to sell your house before a divorce is finalised. In many cases, reaching a mutual agreement to sell the property sooner can offer both parties a quicker path to closure and a fresh start. Selling the property quickly and fairly can benefit both parties by reducing tension and facilitating a faster recovery. Securing the best possible sale price is critical, and reaching a mutual agreement on this front often paves the way for a more peaceful resolution.

Remortgaging the Property

Remortgaging your home in Purley, Croydon & Surrey can also present a viable way to access equity for a buyout, offering flexibility during a challenging time.

A Compassionate Approach to Moving Forward

At Shinerocks we know that selling a home during a divorce is not just about paperwork and transactions - it’s about lives, memories, and emotions. Our experienced team is here to support you with empathy, patience, and expert advice, helping make this transition as smooth as possible.

What to Do Next

Selling a family home during divorce is a sensitive process that often involves complex financial and emotional considerations. Our experienced team of estate agents and trusted legal professionals are here to provide clarity, expert advice, and, most importantly, a listening ear. We understand the emotional weight of such decisions and are committed to making the process as smooth, respectful, and straightforward as possible.

If you need to sell your home in Purley, Croydon & Surrey due to divorce or separation, we are here to help every step of the way. Our compassionate approach ensures that you receive expert support tailored to your unique needs.

Thinking of selling? Generate a full report on your own property including an instant estimated valuation. Alternatively, email us at enquiries@shinerocks.co.uk or call 020 8660 2010 for a confidential discussion.

In the meantime, we’ve answered some of your common questions about selling due to divorce.

Frequently Asked Questions

Can a home sale be delayed until after the divorce is final?

Yes, you can delay selling the house, often by mutual agreement or under a Mesher Order. This can help provide stability during an already turbulent time.

What happens if there’s disagreement on selling the home?

In cases of disagreement, court intervention may be necessary to resolve the issue. Working with a solicitor can provide clarity on your legal rights and options.

Do we both need to maintain mortgage payments during separation?

Yes, it’s vital to keep mortgage payments current to avoid repossession. Communicating with your lender and seeking financial advice can help during this period.

Is remortgaging an option during divorce?

Yes, remortgaging can help buy out a partner’s share. It’s important to understand the financial implications and seek expert advice.

Can we reach a private agreement without court involvement?

Absolutely. Many couples successfully negotiate property division privately. Consulting a solicitor can ensure the agreement is fair and legally binding.

 

Have any questions?

Use the form to send us your questions and we'll respond as quickly as possible.

You can also call us on 020 8660 2010, or email enquiries@shinerocks.co.uk.


 

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Dear Paul and the ShineRocks team, Thank you! We are delighted that we successfully completed on the sale of The Garth, 12 Welcomes Road on Friday, and we wanted to take this opportunity to thank you, Claire and the team for all your excellent work on our behalf. We really appreciated your proactivity, frankness, responsiveness and good...

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Mrs H-W

Having tried a couple estate agents to sell our house, with no result, we tried ShineRocks. Paul Shinerock was realistic in his valuation, which others had not been and we had a number of viewings. A Christmas present was accepting a very good offer. Unfortunately, the buyer dragged his heels and then at the point of exchange decided to...

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A great service offered by both Paul and Claire. Sometimes the best thing an agent can do is to convince you to accept an offer and to encourage you to pay more to get the house of your dreams. Had Paul not convinced me to accept the offer on mine I would not have moved. Claire moved heaven and earth to enable me to purchase a property through...

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Mr P

Excellent service over a period of several months. Always at hand to offer advice and their expertise. Highly Recommend Shinerocks and thank you for all your help

Mr A

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Very professional and excellent service in a complicated situation which resulted in a positive result. We have purchased 2 homes from Paul in the last 14 years. Claire is remarkable and kept us fully up to speed

Mr P

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CT

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Mr D

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R & N

Hi the ShineRocks Team Would like to say thank you for a great service in completing on our house.  We are totally blessed, we feel so lucky.  Your team with friendly voices were very proactive in updating us.  Paul you have a good team around and to say the least, you have some charm. You are a very nice bunch of people to...

L M

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Mr R

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Mrs A

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Mrs D

Terrific news. Thank you Paul. With all thanks for your support and help during this process. All best wishes 

Mr H

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Mr and Mrs G

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Mr and Mrs R

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S and M

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B

Thank you for everything you've done. I couldn't have got through this without you. Putting up with every difficult situation in such a kind way. Thank you so much. 

Mrs P

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