Financial Settlement Mediation
Divorce Financial Mediation
Reach a fair financial settlement without the stress and expense of court proceedings. Our online mediation service helps couples across England and Wales divide their finances amicably.
Resolving Divorce Finances Through Mediation
When a marriage ends, dividing your finances can feel overwhelming. There are often significant assets to consider, from the family home and pensions to savings and debts. Emotions run high, and it can be difficult to have productive conversations about money.
Divorce financial mediation provides a structured, supportive environment where you and your former partner can work together to reach a fair settlement. Rather than having a judge make decisions for you, mediation puts you in control of your own financial future.
As accredited family mediators, we help you understand your options, explore different scenarios, and find solutions that work for both parties. Our goal is to help you reach an agreement that feels fair and allows you both to move forward with financial security.
All our mediation sessions are conducted online via Zoom or WhatsApp, making it easy to participate from anywhere in England and Wales without the need to travel to a physical location.
What Issues Can Be Discussed in Financial Mediation?
Financial mediation can help you reach agreement on all aspects of your finances, including:
The Family Home
Decide whether to sell the property, transfer ownership to one party, or continue joint ownership for a period of time.
Pensions
Understand pension values and agree on how to divide them fairly, whether through offsetting, pension sharing orders, or attachment orders.
Savings and Investments
Divide bank accounts, ISAs, shares, and other investments in a way that reflects both parties' contributions and needs.
Spousal Maintenance
Agree on whether ongoing financial support is appropriate and, if so, determine the amount and duration.
Debts and Liabilities
Decide how to handle joint debts such as mortgages, loans, and credit cards, ensuring a fair division of responsibility.
Child Maintenance
While the CMS sets guidelines, mediation can help you agree on additional support arrangements for your children.
The Financial Mediation Process
Our structured process guides you from initial meeting through to a legally binding agreement.
Book a MIAM
Start with a Mediation Information and Assessment Meeting where we explain the process and assess your situation.
Financial Disclosure
Both parties complete financial disclosure forms to ensure all assets, debts, and income are transparent.
Joint Mediation Sessions
Work together with your mediator to discuss options and negotiate a fair settlement.
Open Financial Statement
We prepare a detailed document summarising all financial information disclosed by both parties.
Memorandum of Understanding
Once agreed, we document your settlement in a Memorandum of Understanding.
Legal Advice and Consent Order
Take your agreement to a solicitor who can draft a consent order for court approval, making it legally binding.
Open Financial Statement
An Open Financial Statement is a comprehensive document that summarises all the financial information disclosed by both parties during mediation. It provides a clear picture of your combined financial situation.
The statement includes details of:
- Property and its current value
- Pension valuations
- Savings and investments
- Income from all sources
- Debts and liabilities
- Monthly expenditure
This document forms the foundation for negotiating a fair settlement and can be shared with solicitors if either party wishes to take independent legal advice.
Price: From £260
Why Financial Disclosure Matters
Full and honest financial disclosure is essential for a fair settlement. Both parties have a duty to provide complete information about their finances.
If you later discover that your former partner hid assets or provided inaccurate information, any agreement reached could be set aside by the court.
Our mediators guide you through the disclosure process, ensuring nothing is overlooked and both parties have confidence in the accuracy of the financial picture.
What Happens After Mediation?
Once you have reached an agreement, you will want to make it legally binding. The Memorandum of Understanding provides the basis for this.
You should take the MOU to a solicitor who can draft a consent order. This is a legal document that, when approved by the court, makes your agreement enforceable.
While we cannot provide legal advice, we can explain the options available to you and ensure your agreement is comprehensive enough to form the basis of a consent order.
Memorandum of Understanding
A Memorandum of Understanding (MOU) is a detailed document that records everything you have agreed during mediation. It sets out clearly who gets what and any ongoing financial arrangements.
The MOU covers:
- Division of the family home and other property
- Pension sharing arrangements
- Division of savings and investments
- Spousal maintenance terms
- Arrangements for debts
- Any other agreed matters
Price: From £260
Why Choose Mediation for Your Divorce Finances?
Mediation offers significant advantages over going to court.
Cost-Effective
Mediation typically costs a fraction of what you would pay in legal fees for court proceedings.
Faster Resolution
Reach agreement in weeks rather than the months or years court cases can take.
Confidential
Discussions remain private, unlike court proceedings which can become part of public record.
You Stay in Control
Make your own decisions rather than having a judge impose a settlement on you.
Financial Mediation Costs
MIAM
From £150
Per person
Mediation Sessions
£150
Per person per hour
Documentation
From £260
MOU or Financial Statement
Legal Aid may be available if you are on a low income.Learn more about funding options
Related Services
Explore our other family mediation services that may be relevant to your situation.
MIAM Appointments
The first step before mediation or court. Required before Form A financial applications.
Learn moreChild Arrangements Mediation
Also have children? We can help resolve both financial and child arrangement matters.
Learn moreOnline Family Mediation
All sessions via secure video call from anywhere in England and Wales.
Learn moreReady to Resolve Your Divorce Finances?
Take the first step towards a fair financial settlement. Book a MIAM to discuss your situation and find out how mediation can help.
View our full pricing or learn about MIAM appointments