Recent statistics have shown a 13% decline in the number of applications for divorce in the last year, continuing the trend of falling divorce applications since 2010. BLM's Grainne Fahy shares her view on the declining application rates with Today's Family Lawyer.
“There will be a myriad of influences contributing to the decline in divorce rates. Whilst I would delight to opine that married couples nowadays are wiser in terms of their life choices and preparation for marriage, perhaps arguably unrivalled as compared to previous generations, I am not so sure that is what is driving the current decline. In my view, the current uncertainty surrounding Brexit has to be a huge contributor. Financial uncertainty and decreased house prices can only make seeking a divorce a very scary prospect. It’s hard enough in times of political and economic certainty. I would say the proposed costly – and seemingly never-ending – divorce of the UK from the EU is in turn affecting the divorce rate here.
“However, sometimes you need to move forward regardless, as we cannot predict the future and lives must move on. Living in limbo can be very damaging indeed for couples and their children. If costs are an issue there are many ways that a divorce can be funded, for example, litigation funding. Regarding the decrease in property prices, this will mean that rehousing will also be cheaper. A divorce sooner rather than later could affect a couples’ division substantially.”
Read the full article here.
If you would like advice on family law matters, click here to speak to a member of BLM’s family law team.