We split up end of Dec. 2 DC under 7. House joint owned mortgage. Currently amicable. I am totally fed up of living with him as he doesn't go anywhere and I sleep on the sofa every night that I am there if I haven't managed to stay out say once a week at a friends.
House is tiny cottage that needs lots of work. It's a 1 1/2 bed, tiny back bedroom has bunk beds in and that's it (that's how small it is) and is in negative equity. Kids keep asking for own rooms.
Mortgage was with NRAM at peak purchase. Now with Landmark mortgages around £59k left.
OH earns much less than me. We are finally having proper 'discussions' now.
So my options are:
- Transfer current mortgage into my name, take on house, bills etc Give him 5k (take out loan?)
- Sell house. Could take ages and would like not to live this way for the unknown!
- Transfer house over to him although he could not afford it tbh.
- Anything else?
TIA