After more than a decade of low-interest rates, the average two-year fixed mortgage hit 6%, which has affected affordability and made mortgage approvals slump to their lowest level since the pandemic which is bad news for couples going through divorce. Although mortgage rates have fallen slightly in recent weeks and are expected to continue falling […]
One of the biggest concerns we hear from clients wanting a consent order is what will happen if your proposed financial agreement isn’t an equal split. Will the court approve it? Or will the judge make you pay more to even up the agreement? I thought it would be helpful if I talked you through […]
What is a Financial Divorce Order? The Final Order (previously known as the decree absolute) is the legal document that ends a marriage, but it does not end the financial ties that exist between you and your ex-spouse. This article explains what a financial divorce settlement is and helps you decide if you need one. […]
It’s likely that divorce will have a huge impact on your current and future financial well-being. Therefore although financial planning may not be at the forefront of your mind, it’s critical to give it some thought in order to hold onto your wealth during your divorce. When you are going through a divorce everything is […]
While divorce in the UK can imply an unhappy state of affairs, determined by relationship breakdown, the added pressure of dividing assets (and sometimes fighting for them) makes this process even harder to deal with. These conversations can be even more challenging when discussing who is most entitled to the most valuable assets, such as […]
What is a decree absolute? And why is it so important? Divorce can be a confusing process, made more difficult by the unfamiliar legal jargon. This article tells you everything you need to know about the decree absolute. A court-issued document that legally ends your marriage. If you are reading this, there is a very good […]
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