Mortgage v's renting

[indecisiveone]

Please advise me, I'm really struggling to make a decision.

Seperated from H 2 years ago, I live in the house with DS(2)and H currently pays half the mortgage.

Need to divorce H and start again really.

Do I...
a) Divorce H and try to keep the house in my sole name (and pay H half of any equity) Would be tight financially.

b)Divorce H and go in to rented accomodation where I would be eligable for approx 50% paid by housing benefit.

Just worries me that if I step off the property ladder, I may never get back on.
I'm currently at uni so hopefully in a few years I'll have better job prospects/ more money. I love my house though and I really hate change.

Any advice would be great.

Thanks

I'm not 100% sure, but I thought that even if you divorce your H then you are still entitled to live in the house and he'd have to pay maintenance to his son; ie you could still live there. When you've finished uni and got a job then buy him out or sell the house and buy somewhere cheaper.

Now is not a great time for getting mortgages; criteria banks lay on is much more stringent.

I would keep your house if it is possible.

It will be hard to get back onto the property ladder.

Living in private rental means you could be moving every year, if you are unlucky.

It will be unsettling for your son to move.

If you receive housing benefit now, you will not when you are earning more and could end up paying a lot more each month when you are qualified.

The rents will go up every year.

You are likely to need a huge deposit when you wish to buy again.

Apart from it being a little easier in the beginning, I can see no benefit from going into rented accomodation.