NC for this...
I'm at the stage of trying to 'get my ducks in a row' to separate. :-( I know I should get some sort of financial advisor but want to try and do as much as possible myself to save money. So the house is worth about 250k. Mortgage of c100k still to be paid off. So, conveyancing fees for two of us selling, then buying two separate properties, around £15k, maybe? Leaving us 85k profit between us, yes?
So, call it 40k that I have to put towards another house for me and DC. I earn 37k. What kind of value of house do you reckon I could afford up to??? I know it's a bit of a how long is a piece of string question, but any advice most welcome. I'd really rather not go up to a four-figure monthly mortgage but I suppose that's on the cards...
And what is the deal with council tax when you're a single person? Am I right in thinking there should be a bit of a discount?
Please tell me if there's any significant outgoings that have completely slipped my mind! And also how you did all this pre-budgeting if you were in the same position? Spreadsheet? Thank you so much