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ARTICLE · 14 OCTOBER 2023

How do I keep the house? (part two)

Cooper Grace Ward
Cooper Grace Ward
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Cooper Grace Ward

Cooper Grace Ward

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Part two explores one of the factors to be considered when drafting consent orders for a property settlement.

AustraliaFamily and Matrimonial

Video transcript

Hello again. My name is Hannah Flanderka and I am a lawyer in the family law team here at Cooper Grace Ward. This video is part two of a two part series that looks at practical factors to consider when you're seeking to retain your home in a property settlement. If you didn't get a chance to have a look at part one, you can track it down on one of our social media platforms, including Instagram. But otherwise, let's jump into part two, which basically explores one of the many factors you should consider when drafting some consent orders for your property settlement.

Borrowing capacity

If you've agreed that you will retain the home subject to refinancing your mortgage into your sole name and paying your spouse a cash settlement sum, then it's really important that you speak to your mortgage broker, bank or financial advisor to assess what your likely borrowing capacity is going to be. That is, unless there's some other sample of cash that's

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© Cooper Grace Ward Lawyers

Cooper Grace Ward is a leading Australian law firm based in Brisbane.

This publication is for information only and is not legal advice. You should obtain advice that is specific to your circumstances and not rely on this publication as legal advice. If there are any issues you would like us to advise you on arising from this publication, please contact Cooper Grace Ward Lawyers.

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