Divorce Advice - reasons for divorce - 7.

Property development can achieve great security and pension planning if you are an expert. Sadly, most would be property developers are not. We have all seen them on Property Ladder - complete idiots making money from property developing. Why - because they were in a rising market and simply holding onto the property without lifting a finger would normally have netted more profit for them. Therefore every man and his dog is now on the band wagon of property developing. So how does this relate to divorce? Quite simply because more & more married couples are also getting in on the act without any realisation of what those sorts of financial & time pressures can exert on a marriage. Couples want a bit of zing in their lives are now turing to property developing as an outlet only to realise too late after planning permission has been refused, builders costs are exorbitant and they not started on time, there are numerous costly extras and you suddenly realise that your target buyer is not what you thought - You are now in dire straights with a lead weight of debt neatly wrapped around your neck and squeezing. You guessed it, husband blames wife, wife blames husband, their hard won equity built up over the last ten years has now diminished to zero - you can see the divorce path a mile of. Oh happy days for the divorce solicitors.

Building your own home scratch can seem an alternative path to property development but most peoples reasons for building their own home are to actually live and enjoy it first rather than a simple quick turnaround of the property. A lot of this is for tax reasons but very few ordinary married couples embark on new build construction with a view for this self fulfilled property development angle which is great but it can bring with it its own pressures and problems. Firstly, will the self build dream house actually end up as your dream house? Most couples when interviewed say that it does but after spending your lifes saving, up to your neck in debt and its taken 1 year out of your lifespan, you would say that wouldn't you! Most couples who have actually built their own home usually say that they would not do it again and research seems to bear this out. Those that survive all the trips and obstacles usually come very close to separation or divorce at some point through the project and I think they feel as though they had a near miss and re-evaluate their lives with what is actually important to them. Other less durable and committed couples simply fall apart with divorce.

Another current trend for married couples is the yearning to own an overseas property or a home in the sun. This is a massive trend as more and more couples see huge amounts of unused equity in their over priced dwellings. Even with the explosion in overseas property, it is still significantly cheaper than here in the UK (unless you like certain parts of Manchester). This means that even Mr. and Mrs. Cautions can pull out a nice little sum to purchase that cheap property in the sun. Forecast is that over the next ten years this trend will double. So how does this aspect of overseas property ownership have on most normal married couples? Apart from the stupid buy of plan quick buck greed mongers who have now all got their fingers burnt, ownership of a lifestyle property that you can enjoy and feel part of is a greatly rewarding experience for any married couple with virtually no adverse divorce or separation implications provided you have not over extended yourselves. It can often be like a new lease of life with new goals and ambitions that you wouldn't simply have here in the UK.

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