Bradie Pell, partner, head of Graysons’ family team and a leading local divorce solicitor is predicting that the double-whammy of the cost-of-living crisis and declining rates of marriage is set to impact the region’s wedding industry on the eve of its busiest month.
August is traditionally the most popular period for people to tie the knot, but falling numbers of couples getting hitched, together with the eye-watering costs of the ceremony at a time when many are struggling with household bills, means that more and more couples are saying ‘I don’t’ and cohabiting instead.
Office for National Statistics (ONS) data confirmed that rates of marriage between men and women had already fallen to a record low in 2019. There were just 18.6 marriages per 1,000 unmarried men and 17.2 per 1,000 unmarried women – the lowest since records began in 1862.
When couples are getting married, it seems the wedding day is changing to keep costs down. A 2022 OnePoll survey commissioned by Gumtree found that a staggering two-thirds of couples planning to wed were scaling back plans to save money in the face of the cost-of-living crisis.
Everything from getting a friend to take the photos to changing to a date out of peak season were methods being used to cut costs.
Bradie Pell said:
“There’s no doubt, for many couples, marriage isn’t as important as it was, and many will start by living together first. Statistics show that the number of people getting married has been in decline for many years, and the ongoing cost-of-living crisis has only exacerbated that situation. But on a more positive note, weddings are not the only thing in decline – divorce numbers are also falling at the moment.”
Bradie does have a word of warning for couples that do choose to cohabit. She said:
“When couples get married they commit to the sharing of their assets whereas cohabitation does not carry the same commitment. That is by no means a foolproof option and parties are well advised to consider a formal cohabitation agreement if they are wanting to limit financial exposure in the event of a separation”.
Bradie Pell, partner and head of Graysons’ family department
The recent introduction of the ‘no fault’ divorce became the biggest shake-up in marriage laws for years. Despite an initial peak in divorce applications, they now appear to be falling. Some cite this as another impact of the cost-of-living crisis.
Bradie always urges couples to ensure they get the correct advice and exhaust all other options before seeking separation advice.
“At the end of the day, nobody wants to see a couple go through the emotional turmoil of a divorce, but if they do have to, obtaining proper legal advice is key. I think its very important that people properly understand the process they are entering into and what divorce might look like for them. Sometimes the option of marriage guidance counselling could be the first step.”
Bradie graduated from the University of Sheffield and qualified as a solicitor in 2010. She deals with the whole spectrum of legal issues that affect families, including divorce, separation, finances – with particular emphasis on pensions and property portfolios, injunctions, and matters relating to children.
