1069 - 2105

Canny Moss Buys Marital Home Alone

In a recent article in the Daily Mail Richard Keys reported that:

"Kate Moss may be getting married - but she has no plans to share her house.  The star has splashed out £7.25 million on a new pad, and despite her plans to wed rocker, Jamie Hince, she is the sole owner"

 A friend is further quoted as saying "Everyone thought that they would own the house together………. it was presumed they would share the ownership.  After all, that's what a normal married couple would do".   The inference here would appear to be that Kate has been very clever in that should she and Jamie separate then he would not be entitled to make a claim on this property in any separation/divorce negotiations.

This scenario is a common one for couples planning to marry in Scotland.  Certainly it is a cardinal principle of Scots property law that when a person purchases heritable property and registers the title in their own name then that person is the owner of the property.

However, in terms of Section 10 (4) (a) of  the Family Law (Scotland) Act 1985 the exception to this is if a house is purchased before the marriage for use as a family  home, then the asset is included in the matrimonial property as are any furnishings and items for the home .

Although Ms Moss is understood to own a further two properties, one of which is mortgage free, in Scots law neither of these would constitute "matrimonial property."  Problems would  arise, however, if during the course of the marriage the properties were subsequently sold and the free proceeds used to purchase, for instance, a motor vehicle or shares or invested in a joint account.  As the asset would by then have changed the new asset  would be considered  matrimonial property.  It is essential in order to be excluded from matrimonial property that the asset remains substantially in the same form.   Nevertheless a court could take into account the source of funds used to purchase the property but such an argument has no guarantee of success.

It is important that specialist legal advice is obtained when acquiring assets if a change in your relationship status is imminent.  Please contact our Family Law Team for further assistance. 

Posted by

Jenni Ross

Jenni Ross

PA to Shaun George

Subscribe to our blogs

Keep up-to-date with all of our publications, legal updates, firm news and events.

Family Law blogEmployment Law blogPrivate Client blogAdvocacy Unit blog