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What happens to property if you divorce?

UK law regards marriage as a partnership, and as such all assets acquired during the relationship are considered to be ‘marital assets’ and can potentially be divided between both parties following a divorce.

When it comes to divorce and property rights, the family home is often the most valuable asset in a marriage and subsequently what happens to property if you divorce often raises many questions.

In a financial settlement the division of assets is generally based on the needs of each person, so dividing property during a divorce is not always straight forward. As with other marital assets, any property should be divided between the husband or wife, even if only one individual contributed to its purchase or acquisition.

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    Property Settlement Agreement

    A professionally drafted Property Settlement Agreement documents to the court how you intend to split your property and other finances (except pensions). This same service with a high-street solicitor can cost £2,000 or more.

    We encourage every couple that gets a divorce through our services to obtain a financial consent order so that you can both move on with the confidence that no future claims can be made by either party.

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    Obtaining a Property Settlement Agreement (clean break consent order) is the only way to ensure that your divorce settlement agreement is legally enforceable.
    • Fixed-fee includes VAT with no hidden extras
    • Our solicitor will complete the forms for you and process them with the courts
    • Covers the sale/transfer of property & includes a clean break order preventing future claims

    What financial assets or clauses are included in this service?

    This Clean Break Consent Order service includes our qualified family law solicitors drafting the agreement and filing your application with the court to ensure it becomes legally binding. You can include the assets listed below in your financial settlement agreement:

    • Clean break – preventing any future claims
    • The sale/transfer of any property
    • Savings and/or Debt provisions
    • The division of any personal belongings
    • Child and/or Spousal maintenance
    • Lump-sum payments
    • Business assets or investments
    • Pensions

    If you are looking to also divide pensions as part of your financial settlement you will need our Solicitor Managed Consent Order service as pensions are not covered under this service.

    Solicitor Managed Consent Order  – £649

    For just an extra £200 our solicitor will manage your entire Financial Consent Order for you from start-to-finish, including the drafting and filing of the consent order under a one-off fixed fee payment.

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      Any callback requests submitted after 3pm on Friday will be responded to the next working day