Financial proceedings

We acted for the applicant wife in financial proceedings.

An unusual feature of the case involved a second property which the husband purchased, in his sole name, following the parties’ separation. Our client relinquished any interest in the property as her husband had purchased the property with a significant loan from his brother (HSBC loan agreement in place) and assistance with mortgage. The equity in property was circa £5780. The equity in the FMH was circa £352K, other capital assets amounted to circa £131,500, and the total pension pot was circa £238,184.

At FDR – overall settlement was a 60/40 capital split in wife’s favour and 55% pension share in wife’s favour of husband’s pension.

About the author

Assmiea Hussain Associate

Assmiea is a matrimonial specialist. She advises and represents individuals on divorce, separation, financial settlements, pre-nup and post nuptial agreements and children law.