Cost-of-living pressures are compounding the complexities of selling up or moving on post separation.
It may not be possible to rent or buy a new property until you have reached a financial settlement with your ex.
“The cost-of-living crisis has been complicating divorces, forcing some couples to live together, navigate property disputes, and manage financial, legal, and emotional challenges before full separation,” writes Smart Property Investment.
Living with your ex is known as being “separated under one roof”. This means that your relationship has ended but you haven’t physically moved into separate addresses just yet.
If you find yourself in this situation, it’s important to seek legal advice so your path to separation can be as smooth as possible.
Seeking emotional support from friends and family or mental health professionals is also important to help navigate the emotional ups and downs of detangling your finances, property and your lives. It is also vital to help children navigate difficult changes.
While it can be hard to think about moving on from your home, for many separating couples this can be a financial necessity.
When the time is right, talking to local agents can help you understand what your options might be as you take the next steps into a new chapter of your life.
Equipping yourself with local property knowledge can help you feel more informed and empowered as you face a change that can seem daunting at first.
Needing some support to take your next steps? Contact us for a chat about anything real estate.
