We are in a pickle and I desperately need some good advice.
Last December hubby and I bought our first house with help from parents and scraping everything we could. It was not in the area we wanted but we thought we’d adjust and eventually move our lives that direction (we live in London).
In January my daughter was unexpectedly accepted to a school close to where we used to live. We thought we would just deal with it but the commute has turned out to be a nightmare. Hour there and back each way. Impossible. No chance of me ever working. It’s about 7 miles away. In rush hour London it’s unbearable and there’s no transport near us.
Meanwhile I have been off work sick for a few months (I have MS) and I am now unexpectedly 10 weeks pregnant and suffering from extreme pregnancy sickness as I did with my first.
To cope we have had to move to my mum’s who lives closer to the school where my daughter started in September. There is no question that we want her to go there so that is not the issue.
My mum is unbearable and despite the fact that I’m staggering about vomiting she keeps making comments about how she needs her space etc. Basically we’re not welcome here and on top of my health problems the stress is a lot to take. Luckily a mum from school who lives round the corner is driving my daughter to school with her kids while I wait out the debilitating pregnancy sickness (which last time went until 30 weeks).
Meanwhile we are living out of bags and my amazing husband is working hard to stop my mum getting pissed off with us being here while looking after me and my daughter, but we need a solution. When baby no2 comes staying in our new house is out of the question. It’s a long commute for hubby too and I’m bound to relapse after giving birth (as I did last time) so we need to reorganise everything. Here is the problem. We can’t afford even a tiny flat nearer school and I can no longer get a mortgage due to reduced pay because of illness and now pregnancy. We thought the best option was to sell up and use our capital to pay rent for a few years while we hopefully find a way to improve our financial situation. My husband is a teacher and his salary doesn’t even cover rent for a two bed flat in the areas we need to be in to make school accessible. But people keep telling us it’s a mistake to sell and if we do we will never be able to buy again which is probably true. The area our house is in won’t bring much rent and after fees and tax it wouldn’t even cover the mortgage. Plus as we only just moved in it’s not currently fit to let and we have no time or money to do anything to it. Does anyone have any advice? We have no idea what to do and despite being sick I think it’s important to address this before the next baby arrives.