A new home

Two into one does not necessarily give you equal halves in the world of divorce and this can present a huge problem for those concerned.  Renting can often prove to be a very convenient solution.  However, you will need to how things work in this probably unfamiliar world of being a tenant.  

Despite the current state of the property market the high levels of borrowing often needed to sustain mortgage payments means that in many instances there may not be a great deal of equity in a property and when that has to be divided between two people it can prove problematical finding affordable accommodation for both parties.

For many it will inevitably mean moving to a smaller property, finding someone to share with or a move to a less desirable location. Others may have to return to the rental market or move back to the parental home and mother's not so great home cooking.

Fortunately, it is not all doom and gloom and many divorced men and women do manage to keep their feet on the house buying ladder. Buying (and selling) any type of property is rarely straightforward and can add stress to what is one of the most difficult challenges a person can face – that of getting divorced.

A home is a necessity rather than an optional extra, divorced or not, and overcoming the difficulties inherent in moving home can ultimately prove extremely satisfying if rather trying.  Renting might be a little less stressful as a temporary measure   

To avoid unpleasant surprises make sure you do your sums accurately and remember to cost in all the extras such as agent and solicitor's fees, the cost of the Home Information Pack, stamp duty, removal costs etc. and remember that buying a house is a business transaction so be prepared to bargain hard for what you want and stand your ground.