Divorce Financial Settlement

Even if you and your spouse reach an agreement amicably, it’s crucial to formalise it with a consent order approved by the court. Without one, future claims can still be made — even years after the divorce.

The court will aim for a fair outcome based on factors such as:

• The financial resources and earning capacity of each party
• The needs of any children
• The standard of living during the marriage
• The length of the marriage
• The contributions made by each party (both financial and non‑financial)
• Any special circumstances, such as inherited or non‑marital property

The goal is to meet the needs of both parties, with a focus on the welfare of any children.

Our solicitors are experienced in all methods of resolving financial disputes, including:

• Negotiation – Direct discussions between solicitors to reach an agreement.
• Mediation – Using a neutral third party to help you and your spouse agree.
• Collaborative law – A cooperative process where both parties and their lawyers commit to resolving matters without going to court.

Court proceedings – Where an agreement can’t be reached, we can represent you through the court process to achieve a fair order.

• Divorce application fee – £612 (payable to the court)
• Consent order fee – £58 (if applicable)
• Solicitors’ fees – Starting from £2,500 + VAT for straightforward settlements. More complex cases (for example, involving businesses, trusts, or international assets) will be more expensive. We will provide a clear cost estimate at the outset of your case so that you can make an informed decision about proceeding.

Most financial settlements are resolved within 6–12 months, but timing depends on complexity and whether court proceedings are required.

Q: Do I have to disclose all my assets?

A: Yes. Full financial disclosure is a legal requirement, even in amicable cases. Failing to disclose assets can lead to penalties and the agreement being overturned.

Q: What if my spouse is hiding assets?

A: We can take steps to investigate and, if necessary, seek court orders for disclosure or freezing injunctions to prevent assets being moved or sold.

Q: Can I get a clean break?

A: Yes. Whenever possible,  a clean break order will be sought to bring to an end all financial ties, so neither party can make a claim of a financial nature against the other in the future. This is only possible if it meets both parties’ and any children’s needs.

Q: What happens to pensions?

A: Pensions can be shared, offset, or transferred as part of a settlement. They are often one of the most valuable assets, so it’s important they’re not overlooked.

Q: Do I need to go to court?

A: Not always. Many settlements are reached through negotiation or mediation. Court is typically a last resort if an agreement can’t be reached.

Our family law solicitors have extensive experience in achieving fair and practical settlements, from straightforward cases to those involving substantial or international assets. We offer clear, pragmatic advice to help you resolve matters efficiently and move forward with confidence.

To discuss your circumstances in confidence, call 020 3405 0184 or complete our online enquiry form. Our experienced team can guide you through every step of your divorce and financial settlement.