In the UK, nearly half of marriages end in divorce. Divorce is a sad reality for many couples, and things can become difficult when there are disputes involved over your finances, your home and the children you may have together.
It’s difficult to avoid the news around the cost of living crisis, with many families and individuals feeling the pinch. Financial stress can cause many couples to break up, leading to further pressure over the cost of the divorce itself. Some people may even put off getting divorced due to worry that they may not be able to afford it.
The cost of divorce
The average cost of divorce in the UK is £14,561, which includes legal fees in addition to lifestyle costs. The costs can increase when there is property or children involved and if the divorce needs to go to court, you could be looking at a very expensive legal situation.
While the introduction of no-fault divorces in April 2022 may help partners divorce more affordably, without the need for lengthy legal proceedings, the basic cost and lasting impact of divorce can be significant to individuals.
Divorce and the cost of living crisis
The cost of living crisis is bringing hardships and challenges to many families. Many people are feeling the strain and financial stress can be a major cause of the breakdown of relationships. But financial concerns could also be the reason why people choose not to end relationships they’re unhappy in, which can create an unhappy or even abusive living situation. Parents will also face additional challenges in deciding where the children will live and with who and issues such as child maintenance costs.Â
At the very minimum, a divorce will cost £593 for the divorce application fee – a sum in itself that will be difficult for many to afford. Legal advice may still need to be sought and then there are other costs such as moving and selling a house to consider. For many couples, remaining in the shared home becomes the only option until it can be sold, or an agreement is made about the property.
Dealing with the end of the relationship can be incredibly stressful and upsetting, when you’re also concerned about your finances, you could be faced with further worries that can impact your mental health and other relationships. If you want to file for divorce but are concerned about the financial implications, you should seek advice about your options. You may even qualify for legal aid or free consultations to help you with proceedings.
Getting help from Curtis Whiteford Crocker
At Curtis Whiteford Crocker, we provide help to people in Devon looking to divorce their partner. From filing divorce papers to mediation and separation agreements, we are able to advise on a range of matrimonial issues and help you ensure the best outcome for you. Our friendly team is here to help you during this difficult time and can advise you on your options if you feel as though divorce is unaffordable.
Get in touch with one of our offices in Plymouth, Torpoint, Tavistock, Plymstock or Kingsbridge and let us help you look ahead to your next chapter.