I need to work out a lot of things about what I'm going to do, and how to cope, financially once my divorce goes through, and would like to hear ideas of what other people have done when the family home needs to be sold after divorce, and the equity distributed between partners when the children are older and have begun to leave the nest. I have 1 abroad who may or may not return at some point, 1 about to do her 3rd year at uni and away from home term time, and 1 about to start the final year of A levels, and then probably on to uni. The shared equity will not buy either of us a house the same size as the family house, and neither of us are in a position to get another mortgage. How have other people's children managed, when their family home needs to go and other homes bought which will be nowhere near the same size for all their stuff as/when/or if they return home? Thanks in advance for any advice: this is all so complicated x
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