a new ewe
Separating from a partner is stressful enough, without having to disentangle yourself from all your joint financial commitments.
Working with Black Sheep Finance can help you find the clarity you need. We’ll help you remove emotion from the situation and give you sensible, practical advice on separation finances – allowing you to come to a mutually acceptable financial arrangement.
Review all your jointly owned assets, handling any necessary valuations
Clarify your current liabilities including loan repayments, credit cards, school fees, bills and household outgoings
Help you decide on a financial offer – if your separation is amicable
Review the capacity to borrow for both you and your ex-partner
Highlight if either of you is in the position to buy the other out – or if your assets will need to be sold
Organise a conveyancer for the transfer of titles if required
Discuss the loan variations involved in changing lenders, removing your partner’s name from the deeds
Review current lender options and if possible, find you a better deal
Once the financial dust has settled, we’ll talk you through your new financial landscape, so you’re 100% clear on where you stand. We’ll also draw up a budget and plan, to help you work towards reducing your overall debt.