The Family Home
For many couples, the family home is one of their largest financial assets.
Common questions include:
- Does the property need to be sold?
- Can one spouse remain in the home?
- Can ownership be transferred?
- Who will continue paying the mortgage?
- What happens if only one spouse owns the property?
- How will children’s housing requirements be considered?
There is no single outcome that applies automatically to every divorce.
Potential arrangements may include:
- Selling the property
- Transferring ownership
- Refinancing
- One spouse remaining in the home
- Considering the property’s value alongside pensions or other assets
Our Oxford divorce solicitors can advise on the family home as part of your wider financial settlement.
Savings and Investments
Financial assets can include:
- Bank savings
- ISAs
- Shares
- Bonds
- Investment funds
- Managed portfolios
- Employee share schemes
- Other investments
Full and accurate financial disclosure can help establish the overall financial position before negotiations progress.
Pensions
Pensions can represent a substantial part of family wealth, particularly following a longer marriage.
Relevant pension arrangements may include:
- Workplace pensions
- Personal pensions
- Defined benefit schemes
- Defined contribution pensions
- Executive pension arrangements
- Other retirement benefits
Pensions should not be overlooked simply because they cannot currently be accessed.
Where pension arrangements are particularly valuable or complicated, specialist pension or actuarial advice may sometimes be appropriate.
Business Assets
A divorce settlement can become more complicated where one or both spouses own a business, hold company shares or receive income through a corporate structure.
Relevant matters can include:
- Limited companies
- Partnerships
- Professional practices
- Start-ups
- Company shares
- Commercial property
- Director remuneration
- Dividends
- Retained profits
- Share options
- Business valuations
Oxford has a particularly knowledge-intensive economy. Oxford City Council identifies strong employment and business activity across education, healthcare, professional and scientific services, technology, biotechnology, digital industries, publishing and vehicle manufacturing.
This means some Oxford divorce settlements may involve financial arrangements that extend beyond ordinary salary and residential property.
Where the value of a company, partnership or shareholding is significant or disputed, independent accountancy or valuation evidence may sometimes be appropriate.
Spousal Maintenance
Some financial settlements involve ongoing support from one former spouse to another.
Whether maintenance is appropriate depends on factors including:
- Income
- Financial needs
- Earning capacity
- Housing requirements
- Other resources
- The wider financial settlement
Our solicitors can explain how spousal maintenance may fit into your overall circumstances.
Consent Orders
If you and your former spouse agree how finances should be divided, a consent order can provide greater legal certainty.
It can address:
- Property
- Pensions
- Savings
- Investments
- Maintenance
An informal agreement is not legally binding in the same way. Once approved and effective, a consent order provides an enforceable framework for the settlement.