The court uses a range of factors, outlined in Section 25 of the Matrimonial Causes Act 1973. Here are the factors a Judge will consider when deciding what’s fair:
The duration of the marriage (See how the length of marriage affects divorce settlements)
The age of each party to the marriage
The financial needs, obligations, and responsibilities of both parties
The contributions which each of the parties has made to the marriage
The standard of living enjoyed by the family before the breakdown of the marriage
The court will ultimately look at the income, assets, debts, and liabilities of both parties to assess whether the agreement you’ve reached is fair. If you believe the divorce settlement is unfair, you can appeal it by applying to the court.
Read More: The factors the court considers for a financial order