Hi guys,
Does anyone have advice/ experience of when you are splitting from your partner and have to sell the co- mortgaged family home very quickly?
I have been married for over 5 years to my husband and we have 2 children aged 5 and 3. I have been unhappy for a few years now, but as of late have decided I can't keep living like this.
I am aware that most likely we will have to sell the home. We have contacted some agents who deal with selling help to buy homes, who have said they deal with private investors who buy new builds. Whole process takes approx. 6-8 weeks to go through. I have not signed the selling agreement yet, as I'm overwhelmed and financially not able to move at the moment. I cannot afford the rent in my area on my salary and I would also have to reschool my 2 kids ( not sure how long this takes also).
I have applied with my local council for council housing, but I'm fully aware of the waiting time and with the current climate don't hold out much hope. It seems my only option at the moment would be to sell the house in approx 8 weeks time, use the money from sale of house to go into private rented, waste all the money on rent and then after a few moths when its all ran out to then hopefully get bumped up the council list before in inevitably evicted.
This is the only feasible option I've come up with, but any input and advice would be greatly appreciated, as I really don't want to have to keep moving my kids from house to house. This whole situation is so stressful and I just want it to be the easiest it can be on my kids.