The Cost of Divorce

Relationship breakdown

posted: 22nd December 2016

When you’re going through a divorce, the last thing you want to think about is: how much is this going to cost me? Or, how long is this going to take? However, the answer to those questions could be decidedly different depending on where you live.

A survey of 2,500 UK adults, conducted by a London firm of solicitors, has discovered that couples living in the capital are experiencing higher costs and greater delays when going through the divorce process.

The average cost of reaching a divorce settlement is £134,525 in London compared with £70,243 across the rest of the UK. Londoners are also reporting more delays (51% compared to 31% across the rest of the UK).

The cost of reaching a financial settlement is attributed to a number of factors such as sourcing alternative living accommodation, loss of shared assets and paying legal fees to name just a few. But in the recent study it was found the legal fees alone could be twice as much for those living in London.

Delays could, at least in part, be due to more people opting to represent themselves in an effort to save costs. However, those acting in person may find matters are delayed significantly as they struggle to get to grips with the legal process including understanding the jargon used, completing the forms that need to be lodged and navigating any tactics used. Alongside divorce proceedings, you also have the added pressure of separating your finances with the desire of achieving a fair financial settlement.

Here at PMC, our main aim is to ensure the process is as smooth for you as possible. We provide you with regular updates on costs and will endeavour to move the process along as swiftly as possible. We will look after your interests and fight your corner no matter where in the country you live. We are also able to attend any County Court in any city on your behalf.

For a personalised service from a caring family team in respect of your divorce and financial issues please get in contact with us on 0151 375 9968 for your free initial consultation.

By: Lindsey Potter - Paralegal