Phillip Schofield ‘set to divorce wife Stephanie Lowe and split £9million fortune’

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This Morning host Phillip Schofield is reportedly planning an amicable divorce from his wife Stephanie Lowe, months after he announced he is gay.

The TV star, 58, will allegedly split his £9million fortune with his wife of 27 years.

Stephanie, 56, supported Phillip in his decision to come out as gay – an announcement he made live on This Morning earlier this year.

Since coming out, Phillip has said he is in no rush to meet someone new and his main priority is his family; Stephanie and their two grown up daughters, Molly and Ruby.

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Speaking to The Sun, an insider claimed: "Phillip and Steph have had a lot of hard, painful conversations over the past ten months but remain as tight and devoted to one another as ever.

"She has been so supportive, and he won't skip off into the sunset now and abandon her. At the same time, he has no desire to become embroiled in a bitter and costly divorce battle."

They continued: "Phillip is in no hurry to meet someone new, but obviously the D-word [divorce] has now been mooted, albeit in very loose and casual terms.

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"His earning power is at an all-time high, and Steph is entitled to half.

“He is not disputing this — all he wants in return is her ongoing loyalty… and discretion. His family is his No1 priority and that will never change.”

It comes after reports that Phillip is transforming the garage at his £2.6million family mansion into a spare home.

Phillip is said to have plans to build a two bedroom house within the grounds of his Oxfordshire home, with a sprawling kitchen replacing one of the garages.

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Plans are understood to show floor to ceiling windows, which will oust “existing storage openings” and a sitting room that will be the focal point of the build.

The pad will also consist of a second bedroom and en-suite bathroom.

Speaking of the plans, a source told The Sun Online: “Phillip and Steph are getting on really well and are in no rush to make any big decisions.

“This annex can be used by any member of the family at any time — and is a great investment long-term, adding value to the property.”

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