Facing A Divorce?
Relationship breakdowns and house sales are two of the most stressful situations to go through and unfortunately, these two often happen together.
If you are in this situation, there are a few options for you to consider:
Sell the property as quickly as possible and share the sale proceeds between the two partners (See our free ‘How to sell your house fast’ guide).
One person can buy the other’s share of the property outright.
Keep the property as it is and one partner could continue to live in it, perhaps until the children turn 18 or leave the house.
Transfer all or part of the property to one partner in the context of an overall financial settlement.
Most couples decide to sell their house and split profit giving them both a deposit for the purchase of their next property, which will involve downsizing to a smaller property.
Selling through estate agents or via online portals could get you more for your property, but for a lot of people, the trauma of carrying on living with an ex-partner, combined with perhaps months of mortgage, council tax and other associated payments to account for, mean that a fast sale will be a much preferred option.
This is where The Property Lifeboat can help.
If you have a property that you are looking to sell, then why not take a moment to complete the simple form below and we’ll be in touch soon?