First and foremost, we’re so sorry that you’re here. We know that you’re going through an especially difficult time right now, and the admin of a house sale is probably the last thing on your mind. Rest assured that we’re here to answer all your questions about selling a house after a divorce, and we hope to make the process as easy as possible for you.
Here at We Buy Any Home, we can buy your house in as little as 7 days without a survey or any expensive renovations. That means you can move on to the next chapter of your life with minimal stress. Come on— let’s get this sorted for you.
How to Sell a House After Divorce
Protect yourself
First things first, you need to get in touch with Land Registry and get a Notice of Home Rights. Although it isn’t nice, and hopefully, you won’t have to use it, it’s always wise to protect yourself during a divorce. A Notice of Home Rights will prevent your ex-spouse from being able to sell your property without your knowledge and protect your right to live in your marital home.
Like we say— hopefully, you won’t need to use this. However, it’s wise to get hold of it, just in case.
Decide how you want to sell
There are a number of ways you can sell your house, and each comes with their own pros and cons.
Estate agent
Estate agents are the traditional way of selling a home. The process involves listing your property with an agent, conducting viewings, and waiting for potential buyers. While this approach works well for some, it may not be the ideal solution for everyone.
Working with an estate agent can be slow, and the hassle of having to show people around your home can be testing. What’s more, estate agents will take their fees and commissions off the top of your house sale, meaning you may not receive the price you were quoted.
Pros
- Traditional
- Easy to access
Cons
- Can be a long-winded process
- Strangers enter your home
Auction
Selling your house at auction is much quicker than the traditional Estate agent method. However, you will have little to no control over the sale price. Auctioneers usually set a starting price, and the bidding begins there. This means that your house could be sold for way below market value, and you may not have the opportunity for negotiation once the auction starts.
While the speed of the auction process is undoubtedly an advantage, it comes with the trade-off of relinquishing some control over the final sale price.
Pros
- A fast sale
- Certainty of sale
Cons
- Lower sale price
- Little room for negotiation
We Buy Any Home
We Buy Any Home is the perfect mid-way between an estate agent’s convenience and an auction house’s speed. As cash buyers, we can buy your house as-is. That means no expensive renovations, intrusive viewings, or costly repairs to your home. What’s more, we can make you an initial offer within 24 hours and buy your home in as little as 7 days. This allows you to transition to the next phase of your life swiftly.
Our commitment to a hassle-free experience sets us apart, ensuring that you can sell your home on your terms without compromising on value or convenience.
Pros
- Cash buyers
- Initial offer in 24 hours
- Money in your account in 7-10 days
- No Renovations or repairs needed
- No intrusive viewings
Cons
- House sold for slightly below market value
How is a house divided in a divorce in the UK?
The division of assets during a divorce is determined by a process known as ‘financial settlement or ‘ancillary relief.’ Usually, solicitors will recommend a 50/50 split of the equity of a house sale, especially if the property was purchased during a marriage. They will also recommend a split of all the assets accumulated during marriage.
However, many other factors may be considered. These include current salary, total resources, the individual’s capacity to earn, and more. We recommend speaking to a solicitor and doing your own research based on your individual circumstances
Your rights to your home after divorce in Bristol?
In any town or city, both you and your ex have equal rights to live in the family home. If the split has been less than amicable, we recommend getting a Notice of Home Rights from Land Registry to protect you from any attempts to sell or mortgage the property without your knowledge or consent.
What is a mesher order?
A mesher order is a court order that postpones the sale of an asset until a later date. It is usually applied when there are children or young people under the age of 18 living in the property.
Children and young people must be housed until the day after their 18th birthday. This means a court can postpone the sale of a marital home until after this date, if they feel there is just cause.
Does the length of your marriage affect the divorce settlement?
In short, yes. It does.
In shorter marriages, the focus may be on ensuring that both parties leave the marriage with a fair and reasonable financial settlement but not necessarily a strict 50:50 division. There is no hard and fast definition of what is considered a short marriage. However, a short marriage typically refers to a union of less than 5 years.
In a short marriage, the court will consider various factors. These include the financial contributions of each party, their needs, the standard of living during the marriage, and any economic imbalances caused by the roles each party played in the relationship.
A longer union is more likely to incur the standard 50:50 split of assets.
Tips for Selling a House Quickly After a Divorce
Take time for yourself
This isn’t technically a tip for selling your house quickly. Instead, it’s a recommendation that you take time for yourself. A divorce is one of the most stressful events you’ll go through in your lifetime, so go easy on yourself. Take time out to do things you enjoy, rest when you need to, and remember nothing beats a good cup of tea.
Maintain communication
As difficult as it may be, you’ll need to maintain communication with your ex-spouse, at least until the sale is finalised. Try to keep all communications polite and neutral to ensure
a smooth and cooperative selling process. While emotions may still be raw, focusing on the practical aspects of the sale and maintaining a business-like tone can help prevent unnecessary conflicts and delays.
Protect yourself
Protect yourself by gaining a Notice of Home Rights and keeping a record of all communication related to the property. We hope you won’t need them. But, if you do, it’s better to be prepared.
