To move my family in with my parents

[Tentativesteps133]

I am due our 2nd DC in the summer. We currently live about 2hrs away from my parents and close friends I've known all my life (2 of whom are due to have babies in the next 6 months). We had planned to sell up and move there - DH has agreed remote working and I already WFH 4 days pw so could either keep doing that, or get a more local job after mat leave. We want to move to be closer to our support network - my parents are so helpful with our current DC and come stay with us frequently and vis versa. I am also watching my mum care for her elderly parents remotely (3hrs away) and it looks is very stressful so I have my mind on that too. Area is expensive but great schools, culture, countryside close etc.

We've sold our house and had an offer agreed on one we want to buy last week but here's the kicker - I went to work yesterday to be told my whole company are being made redundant as of end of May. Which means we now won't be able to get a mortgage on the house we want to buy. So, our options are either 1. stay where we are now (small 2 bed terrace, no family local, but small support network of friends and lovely area) then try and get a job and house near my parents at the end of mat leave or 2. sell our house and move in with my parents, save up for a year/18 months and move to probably a bigger house once I'm back at work.

AIBU to consider moving my DH & 2xDC in with my parents? There are enough bedrooms for us all and 2 X living rooms but it's not a massive massive house. My parents are totally on board with it - they are the most generous people I know and would give us the coats off their back in a storm if they though we needed it. Would we all want to throttle each other after a month? Would we get stuck there? What have I not considered? Is it a bad idea to get off the housing ladder once you've been on it? My mind is going nineteen to the dozen, help!

[lyralalala]

Lovely to hear how you live your life but your situation has nothing at all in common with the temporary plans the OP is trying to put in place!

@familyofaliens It's got a lot in common considering it was also originally a temporary plan

[KnobJockey]

Any reason you can't rush through the new house purchase before the redundancy happens? Your income will realistically be the same as it would be without the redundancy for the 9 months after may, as you'll still get maternity, giving you until next February to find a job.

[OrangeBuddha]

Can I ask why won't you get the mortgage if you are not being made redundant for another 2.5 months?

If affordability is an issue - increase the term to reduce your monthly spend.

I'd get that mortgage in a hurry & move directly into my new home if I were you.

[Basecamp65]

@FamilyOfAliens as @lyralalala says ours was very defiantly a temporary arrangement while they got themselves back on their feet, with a lot of similarities to the OP's situation.

My comment was to show sometimes it can work incredibly well - so well we ended up making it permanent.

[FamilyOfAliens]

I have to disagree, Basecamp.

You changed one of your living rooms into a bedroom and took your children out of school to home-school. You also made the decision not to aim for a bigger house (unlike the OP) because of whole-family decisions about how you wanted to change your lifestyle.

But it’s still interesting to read your story.
It’s good to hear how well it’s worked out for you; I just can’t see the similarities.