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How Family Mediation Can Help With Financial Agreements After Separation

Aug 10
1 min read

When a relationship ends, deciding how to handle finances can feel overwhelming. Here is how family mediation can help you and your ex-partner reach a fair financial settlement — without going to court.

What Financial Issues Can Mediation Cover?

Family mediation can help separating couples discuss and agree on a wide range of financial matters, including division of savings and bank accounts, mortgage and property decisions, pension sharing, ongoing financial support, division of debts, and household contents and personal belongings.

How Does Financial Mediation Work?

In financial mediation sessions, both parties are guided by an impartial mediator to openly share their financial positions, identify what matters most to each of them, explore a range of options, and work towards an agreement that is fair and practical for both.

Is a Mediated Financial Agreement Legally Binding?

A mediated financial agreement is not automatically legally binding, but it can be made into a legally binding consent order by a solicitor or court. Our Mediation provides full outcome summaries and financial agreement documents that can be reviewed and formalised legally where required.

How Much Does Financial Mediation Cost Compared to Court?

Court proceedings for financial disputes can cost thousands of pounds and take many months. Mediation is significantly more affordable, with most financial agreements reached within 3 to 6 sessions. At Our Mediation, sessions are £100 to £160 per hour.

Find out how Our Mediation can help you reach a fair financial settlement. Book a free 20-minute discovery call at ourmediation.co.uk.

 
 
 

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Important Note: This case study is based on a typical mediation scenario. All details are fully anonymised and do not relate to any specific individuals. The Situation A couple had recently separated

 
 
 

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