Moving on

Finances


Divorce mortgages and financial advice
Old habits?
Some of us are so pleased to get this far on the divorce journey, that we fail to study our financial options and often lapse into old habits. Mistakes we may have made in the past may now come back to haunt us if we are not careful. Perhaps our attitude to pending may have contributed to the breakdown of the marriage or maybe it was your partner's fault. It could be worthwhile revisiting some of these problems.

You may have reached a settlement that you did not want or plan for but there aren't many who leave with a perfect one. Whether you are on your own, with children or with a new partner, some financial planning may not go amiss.

Not coping financially?
It is always worth checking with your solicitor if your circumstances have changed and you are able to claim some financial support from your ex or when payments are not being met by him/her.

Yorkshire Building Society

Divorce mortgages
The Yorkshire Building Society has 'divorce mortgages' called Fresh
Start Mortgages and they are quite unique. Have a look.
Please call 0845 1200 822 - you will be given 2 options:
New products/enquiries for option 1 and existing products for option 2.
Please select option 1 and ask for info on Fresh Start.
Kindly say you were referred by Divorce Aid.
If they have a local branch near you, they may refer you after an initial discussion as well as sending you their leaflets.
The FSA - Financial Services Authority
The IFA provides a short guide to financial planning to get you started. This includes information and tools to help you build your own plan.

Find out about financial planning and why it is important?
Build a five-step financial plan
Read about financial goals in detail

Use the Personal budget calculator at the Money Made Clear website and find out about Credit and Debt



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