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Very Stressed

2 replies

Tinygem · 14/03/2023 18:35

I sold the home I jointly owned with ex dh last year and bought a new house after renting for 6 months. Always intended to buy another as that seemed the common sense thing to do. My new mortgage takes me up to retirement age. Didn't worry about this at all in the buying process but since I've lived in the new house my stress levels have been huge.
Now I live here I feel like I can't afford it and regret the purchase. On paper it should just about work, albeit I won't have much of a life. It all feels like a major gamble. Suffering with major anxiety and depression, still managing to work at the moment but I don't know how.
My income is low, if I'm sick I only get SSP and I feel like really there's no way out. Working an extra shift every week to try and stabilise things but don't feel I could do this forever. The situation seems impossible. Renting would cost me more than the mortgage and I feel mentally incapable of selling this house at the moment. Really can't see a way through this, struggling terribly to keep going. So wish now that I hadn't bought the house but couldn't see any other way at the time. It's completely taken over my life.
What would you do?

OP posts:
Nothappyunlessyourecomplaining · 14/03/2023 18:42

look into mortgage repayments insurance.
I pay a pittance and it pays half my mortgage (because that’s the amount I chose) if I’m off sick, for up to 12 months at a time. It will be one less thing to stress about and will allow you a bit of breathing space to calm down and get advice.

Is a lodger an option?

Tinygem · 14/03/2023 18:46

Will look into that, unfortunately lodger not an option. Have dd in last year of uni and she'll probably need to return home, at least in the short term. House is only a 2 bed.

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