Consent Order advice needed

Quantum7867 | 19:52 Sat 12th May 2012 | Law

1 Answers

Hi guys,

Just wondering if someone can help me out. There was a Consent Order made between me and my husband last year, and one thing written in it was that the current matrimonial home will be split 50-50 after the mortgage is paid off, estate agent fees etc. My husband rents a place while I live in the matrimonial home with my children. The Consent Order said that the house has to be put on the market by September 2012.

The value of the home at the time the Consent Order was made was £150,000 (The house looked crap and needed repair and this value was given by the surveyor appointed by the court). However, so as to get more money, I renovated the place using £10,000 of my own money (Husband didn't want to know nor care about repairs) but I've had an offer of £250,000 a few days ago.

I know that the Consent Order says that the house has to be split 50-50 but what are my rights in regards to this? He didn't spend any money on the repair which resulted in the increased value of the house but he is demanding that he wants his half of the proceeds from the property. What can I do? I see it as incredibly unfair that he has any share in the extra value of the property. Can I go back to court? Would you advise negotiation? Are there any similar court cases around? Are there any websites where I can ask people who may know more? I am really confused.

Help would be appreciated.