Experts Say Uncertainty Over Law Changes Could Mean Spouses Rush To Divorce Before Brexit
A leading divorce lawyer says the result of the EU Referendum could cause an unexpected spike in divorce cases, as spouses confused over potential legal reforms rush to instruct lawyers before Britain exits the EU.
Lawyers at Irwin Mitchell Private Wealth are also warning that the uncertainty in the markets could cause issues for couples already trying to agree their divorce settlements as it potentially becomes harder to sell high value properties to create liquid assets that can be split between the parties.
The comments come as it was revealed Singapore’s third-biggest lender has suspended new loans for the purchase of London properties following the Brexit announcement – which could also have an impact on individuals divorcing and wishing to buy their spouse out of a martial home.
Alison Hawes, an expert family and divorce lawyer at Irwin Mitchell Private Wealth, explained that it was likely more people would bring divorce proceedings forward, for fear of legal reform surrounding Brexit from affecting their rights.