Bank accounts – ensure any bank accounts remaining are for yourself only (think about changing the security of your account if your ex knows your pin etc.)
Joint accounts- ensure any joint bank accounts have been sorted and closed
Financial consent order– a financial consent order might be required to divide up assets such as money, property, savings, maintenance etc.
Contact your lender- inform them of your change in circumstances
Decide on the plan going forward– you may make the decision to sell the property or transfer the mortgage over to one person. Unsure of what to do? Read our blog post on the subject, it outlines all of your options and how you can move forward.
One person staying put?
Contact your lender and transfer the mortgage to your name only
You will need to look into your legal protection- if it’s in your ex’s name only, you will have to speak to your lawyer too see if this needs to be changed
Redraw- consider cancelling any redraw options on your loan or ask the lender to require joint signatures
Ensure all utility bills are in your name only.
Contact your agent or landlord- inform them of the change in circumstances and your plan going forward
If staying in the house then make sure you notify your agent or landlord and ensure you are the only name on the lease.
Change all utility bills over to your name only
If you are moving out of the property then make sure you contact your agent or landlord to notify them of this and ask for your name to be taken off of the lease
You will then need to ensure your name has been taken off of all joint utility bills (water, electric, gas etc.)
Who will your children live with?
How often will the other parent see their children?
How will you work out seasonal events like Christmas, new years etc.?