How did you afford to separate?

[private12345]

Not a huge amount of equity in the family home, not enough for us both to be able to get our own mortgage. Both on medium range salaries (DH is the higher earner, I work PT), don't have loads of savings. 1 child.

For people that have done this, how did you manage? I can see why people stay together to maintain a standard of living. Just seems impossible to be able to go it alone 😕

I've considered using the service Mediate offer to give advice on financial outcomes, next steps etc. £75 for 45 mins. Has anyone used this?

Mediation cannot magic up more money. Ultimately you'd both need to find housing that provided for respective needs - if this isn't enough to buy an onward purchase then it would be rental.

The exception would be if your OH was not intending to provide accommodation for kids. In which case you'd be entitled to larger share of equity

You most likely will be able to go it alone but it will mean renting, potentially moving to full time and a drop in lifestyle. Have you checked any benefits you would be entitled to?

You’ll need to consider going back full time, renting, claiming benefits / top up and possible drop In lifestyle,

you can’t have what isn’t there

Aside from equity are there any other assets? Pensions ?

hiw long have you been married and how old is your child ?