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.
Wright Hassall were instructed by local residential and commercial developers AC Lloyd to deal with the site set-up and sale of 15 new business units at the T1300 site in Tachbrook Park, Leamington Spa.
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