Limit the proposed changes to financial remedies on divorce for cohabiting couples to those with shared children only. Unmarried couples without children should not be given a 3 year time limit after which one of them can apply for the proposed financial remedy.
We believe the proposed changes give people a 3 year time limit to financially commit or to break off the relationship. In our view, couples working at their problems, approaching 3 years, may just decide to break up. This could be a huge burden on the property market. We believe many relationships may be broken off and those with weaker finances will be left searching for a home, with people focussing on matching with someone at a similar financial level to themselves to ensure they aren't going to be left after 3 years and lose half their wealth.