Selling a house during divorce: Issues to consider
If you’re selling a house during a divorce there are some very important issues to consider including how to resolve a joint mortgage or buying your partner out.
Selling while divorcing: some commonly asked questions
Divorce is a stressful situation, and when it’s tied to selling a house it can be even more overwhelming. Here are some common questions we hear about that combination:
✅ Is there a quick way to sell my home if I'm divorcing my partner?
Yes. If you need a fast sale you could speak to a trustworthy property buyer, who’ll pay you in cash and not charge any fees to buy your home on a speedy schedule. Reputable property buying companies should be members of The Property Ombudsman (TPO), so check with the TPO for a list of its members.
✅ Are there any alternatives to jointly dividing the proceeds from selling our house?
Yes. If you’re divorcing you have a number of options for how you proceed with a sale, including the possibility of buying your partner out and taking over complete ownership of the property. If you have the financial ability to do this, you can then sell the house and receive all of the proceeds if you are the only homeowner.
✅ Can my partner and I postpone a house sale until a later date?
Yes. Even if you’re divorcing there is no urgent deadline for you to sell if you’d rather wait until a later date. You can even obtain a court order known as a Mesher order that will specify that the house you jointly own cannot be sold until a certain date or events occurs, such as the youngest of your children leaving the home.
Are you and your partner divorcing? Sell your home to us and reduce your stress
At LDN Properties we have worked with discretion and compassion helping divorcing couples to sell their homes. If you’re in this situation, call us today at 020 7183 3022 or click on the "Request Offer" button and we can have a chat with you about making a fast cash offer on your home. It’s a simple way to sell your home that we promise will be stress-free.
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