One thing I’ve learned through my divorce was that keeping the house was one of the best decisions of my life. I was advised by many people to cut and run, let the ex have the house or sell it between us and take the money. However I knew how difficult it would be to buy a house after if I didn’t already own one. I knew it would be a long hard slog financially and I’d struggle to pay for it, as I didn’t live there myself. I lived at the other end of the country and needed to rent the house out.

I knew that if I didn’t rent it quick I’d struggle, and maybe lose the house altogether. However I took the plunge and went for it.

It took several months for me to actually let the house, and I was starting to sweat a little, but now I have a house rented for an amount that covers the mortgage, I live elsewhere and I’m a property owner.

It was worth the gamble, big time.

If you’re considering selling your house during a divorce to split the cost between you, think if there is anyway you can buy your ex out. It’s worth it.

Clive Bellmore