I have a dilemma.
We have three tiny btls in Liverpool.
All interest only mortgages. They currently bring me €1k in rent. Keeps me afloat after a divorce where I discovered exh had run up debts for which I am now partly liable.
My ex wants to sell all three. Would net about €40k for each of us after all debts are paid.
But I lose the €1k pcm income which I sorely need right now. Unless I can generate it from
elsewhere. Always looking for better paid jobs than the one I’m in now.
But the tenants are difficult. I don’t live in the U.K. so it’s hard for me to manage. I guess selling all three would make better sense. I am just anxious particularly since my ex was excellent at running up debts. For which I became party liable.
It would mean any ties to him apart from dcs are severed which would be a good thing.
After years of financial control, I am afraid.
I guess I could put the money towards my UK state pension which has large gaps due to my SAHM years.
Please advise me!