Property and Financial
Helping you and your ex-partner agree how to split money and property within the relevant legal framework.
What is Property & Financial Mediation?
Most relationship breakdowns are emotionally difficult. Whilst trying to cope with this, there are practical things to sort out too. This might be separating joint finances, such as bank accounts and property, and working out future living arrangements. It can be overwhelming.
A mediator will help you have those difficult conversations to enable you to decide what you want to do with the family home, pensions, businesses, debts, and so on. They will make sure that you are aware of any legally necessary steps you will need to take.
This will enable the agreement to be formalised and if appropriate made into a court order.
Common Property & Financial
Mediation Matters We Help With
- deciding what to do with the family home and other assets.
- the approach to take around a family business.
- understanding the true values of pensions and what the options are.
- creating future-living budgets.
- reality testing proposals to check they are workable.
What are the Benefits of
Property & Financial Mediation?
You’ll engage one professional mediator to help you both sort out your problem, rather than a lawyer each. Getting guidance and information from a single person leaves little room for misunderstandings.
By focusing on constructive communication, you’ll waste less time on combative arguments. It tends to be quicker and cost much less than the lawyer route, leaving you both with more of your own money for your futures. Finally, you will get to decide the outcome you want, not someone else.
MIAM stands for Mediation Information and Assessment Meeting. It is an individual and confidential meeting with a specially qualified family mediator to see if a problem or dispute could be addressed without involving the courts.
Most applicants to the family court will need to have a MIAM before they can make an application. This might be to obtain a financial remedy order following a divorce or dissolution, or to apply for a child arrangements order. A private and confidential consultation, similar to a MIAM, is also needed before mediation can start, even where court is not a consideration.
During your MIAM or private consultation you will have the opportunity to describe your situation and the problem you face. The mediator will explain how mediation works, what the alternatives to mediation might be and how they work. Together with you, the mediator will assess if mediation might be suitable. If relevant, the mediator will tell you about child inclusive mediation and provide information about other services where you can get help and support.
If mediation isn’t suitable, or you don’t want to try it, the mediator will provide a MIAM certificate which will enable you to make a court application.
A MIAM lasts up to an hour and can take place in-person or over online video.
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The following are some of the most commonly asked questions about mediation services.
What is mediation?
What types of problems can mediation help to resolve?
What happens during a mediation session?
How is the cost of mediation services determined?
The cost depends on two factors: the background hourly rate and the number of meetings. To keep things simple we charge a fixed price for each meeting, rather than charge by the hour. This provides certainty over the cost. The price covers the mediator’s preparation time, the meeting itself – typically 90 or 120 minutes – a written summary and all routine emails and phone calls. Each participant typically pays their own share. For more details about our prices please contact us or visit our pricing page.
What is a MIAM?
Who may benefit from mediation?
What are the benefits of mediation?
What is the difference between Lawyers and Mediators?