UNCOMFORTABLE HOME TRUTHS
Summary
Rose wanted to remain in the family home but could not raise additional finance to provide Tom with his share of the equity (£350,000). The reality is that they lived beyond their means, Tom ran up credit card debts of £122,000 and both had soft loans from family members. However, when coupled with the personalities involved and allegations of misdemeanour in his role as Managing Director, this has the sense of a perfect storm. Finally, if you find yourself in a similar position, agree terms fairly and avoid the name calling and point-scoring, it serves nobody well, in fact everyone loses. I am not a marriage counsellor, I have been married for over 25 years, I am however pretty certain that Tom and Rose regularly failed to communicate well with each other, particularly about money.