How to be financially savvy post-divorce

Health chain club owner and Dragon’s Den favourite Duncan Bannatyne is apparently heading for the divorce courts with his wife of five years Joanne McCue. But as a gent known for his financial know-how it’s likely that the entrepreneur will be looking to hang on to as much of his fortune as possible.

One area that can be a potential stumbling block for divorcing couples is the division of the assets stored within the family home. With the UK housing market remaining subdued, it may take a considerable time to sell a property on the open market. This can prolong the pain of an already difficult divorce and make it more difficult for the individuals involved to move on with their lives.

Investing more money in the home to make it stand out from the rest of the market is one way to improve your chance of a sale, but this again is likely to mean more contact with your former partner. Another alternative is to seek the services of a Property Buyer such as Gateway Homes  who will buy your property quickly and help you to move on with your life as soon as possible. For more information about Mr Bannatyne’s pending divorce, see:  here .

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