So after lots of discussion with councillor I have realised that I might need to divorce DH for my own sanity. We own (with a mortgage) a 4 bed house but I am happy to live in a 2 bed flat, would still be better than how we live at the moment.
I have been a SAHM for 5 years, joint decision. The equity in our house is around £180000 so if we split it 50/50 would be £90,000 each which is quite a lot of money. But I have no income. I am happy to go back to work full time, but would he be responsible for half of the childcare costs?
I also had an inheritance over the last few years of £150,000 which enabled us to buy this house. I am assuming that this will be counted in joint assets as we have used it to buy property, car etc.
If I go back full time I will have an income of around £25,000, but I have a 4yo and 1 yo so would rather be part time if possible.
What is taken into account? As it stands, I can't get a mortgage on my own so do I wait until I am earning again? Properties around here are about £170,000 for two beds and £190,000 + for 3 beds.
I know I need a solicitor but I am trying to work up the courage, is it possible to divorce and still have even a 2 bed house for myself and DC?
As I said I am happy to return to work but that would mean I have to pay childcare and a mortgage and I don't know if it will be enough.