While the divorce rate is getting lower, around 40% of married couples will eventually split, and when this happens there are a lot of big questions that need to be answered. From custody to living arrangements, it’s important that everything gets sorted as smoothly as possible, with plans put in place so people can get on with their lives. The biggest asset most people own is their home, so selling your house quickly might be the top priority, as this can make it easier to split assets. Here’s why you might want to consider a quick house sale when you separate, and how it can make life easier.
A fresh start
While there are options to sell the home to one spouse, or have one remain in the home while the children grow up, many couples prefer to sell up and get a fresh start. This is because:
- The old house may have bad memories
- Spouses may wish to move to different areas
- The funds can be used to provide deposits for new properties
- It can be much simpler than seeking complex court orders
While there are a lot of different ways a divorce court can split the property or divide assets, it’s often easiest to simply get a 7-day house sale, then divide the money accordingly, as this kind of arrangement can be easiest all round.
Sell now, or hold out for more?
Depending on the area you live in, your house sale can either be very fast, or can potentially drag on for months. If it’s the former, then that’s great, as it means less hassle and stress. But if you live in a less desirable area, or have a house that needs fixing up, then the long and drawn up process can be annoying. If things are less than amicable, then the last thing you want is to have to constantly be in touch with your soon to be ex-spouse about the house sale. Selling your house for cash might mean a lower than market value price, but it means much less stress, making life easier when you’re going through a divorce.
When you go through something like a divorce, then you want to find some stability as soon as possible, especially if you have children. Selling your home via a specialist home buyer is a much more simple process than the traditional way, with the stressful conveyancing process cut from months to just a week, so you can then make those big decisions about your future. You then have the money in your account for a deposit for your new place, or to carry out your plans, meaning your life is no longer on hold.
If you need to sell your house quickly, then the team at UK Home Buyers can give you a quick offer, with a sale in as little as 7-days. Simply call 0800 051 7645, 24-hours a day, and we’ll work out the best price for your property.