Does the Party Who the Children Live With Automatically Get The House?
All the family assets are looked at, being the individual assets of each party and those which are joint. The assets are then divided between the parties. Whilst the party with care of the children may get a greater percentage split of the assets, this does not mean that they automatically get the house. The other party may buy them out or the house may have to be sold. Each settlement is individual to the parties’ needs and on the basis of the assets available.
