My partner and I have been discussing starting a family. It’s something we both really want and have spoken about now for about 2 years, probably more seriously in the past year.
I’m 24 and he’s 25, we have a happy, stable relationship.
Here’s our situation:
We have a mortgage together on a 1 bedroom flat, we tried to sell at the beginning of 2019 and had no luck due to external cracks putting people off. Those cracks are being repaired this month and we have made some changes to make our property more appealing, we are planning to go back up for sale soon.
Obviously we have no idea if it will sell or when, the market isn’t great for flats at the moment it would seem. We have savings and equity (hopefully) enough to buy a 2 or 3 bed house in our area so it’s just a waiting game really. We would both need to be working to get a mortgage for the amount we need to borrow so the concern there is if I fell pregnant/ maternity leave pay etc could affect a mortgage.
Has anyone else been in a similar position? I really feel ready to start a family but I’m worried I will be stuck in a 1 bed flat when the baby becomes a child etc. Financially we would be fine in the flat but obviously space would become an issue quite quickly.
My head tells me it’s best to wait but my heart is really longing for a baby and to start our family. Part of me thinks as long as you have a roof over heads and food on the table then a cramped flat is not the end of the world. But part of me wants to be able to decorate a nursery etc and not go through the stress of moving whilst pregnant or with a newborn.
I know this is a bit all over the place, I guess I’m just looking for other people’s opinions or experiences with similar situations?