Housing following seperation.

[mumroom6571]

Someone please give me some advice, I'm at my wits end!!

Seperated from husband in July last year, he moved into a shared house while I stayed in the home with our two children ages 4 and 2. He is round the house all the time to see the kids and help, as they can't go to his house share, and I'm looking to move forward.

We've had the house valued, I can't afford to buy him out. If he buys me out, I'm not eligible for a mortgage. I work 22.5 hours a week, the banks will only lend me 60k.

I looked into shared ownership but that was even worse. They would lend 3k, or 10k with a few months of child maintenance.

I've looked into social housing but there is nothing that meets our needs.

I've looked into renting but there's only one house for sale in our area and it's out of budget.
I also want something long term for the children.

I have a stable and permenant job, why is this so hard 😥 I feel trapped and don't know where to turn.

Any advice or hearing other experiences would be greatly appreciated.

Work full-time?
Use a broker and find a lender that will take child maintenance into account?
Agree more equity for no pension?

How much are you short by?

Three good suggestions there.

Thank you for the replies!

I have considered full time. Based on a full time wage, the banks would lend me £115,000 which still isn't enough for a house in my area.

We don't have a village and use a private nursery for childcare. If I work 5 days a week it would mean the children being out Monday to Friday 8am-6pm. Half terms would be too expensive, wrap around care to consider, no childcare when children sick or off.

I would go full time if I knew that it would enable me to get a property but at the moment it's looking like it wouldn't make a difference. Unless I'm working it out wrong.

I would have 20k if husband bought me out

There is somewhere you can afford to rent, but might need benefits or to work FT.

Rent the existing house out and rent yourself somewhere else?
Why do you have to move?

What are your needs re social housing? Two small kids you'll get I think a two bed place?

What about pensions

Because the op can’t afford to buy ex out but ex can. House needs to be sold so the money can be split.

Op, what split care wise do you have with Ex? Are they paying towards child care when the kids are with them?

If you are awarded Universal credit, you will receive the single person amount plus money for 2 children and your rent will be included-you can continue to work your current hours doing this (but UC is affected if you have £6000 savings or more)-have you used a benefit calculator like entitled2?

If your ex is round all the time can he not pick up some of the after school care enabling you to work full time?

Hi op I'm in the same situation as you I could have wrote your post. My ex dh is in house share aswell and comes to the house every day to help with the children, when I'm at work part time he picks the children up from their schools and brings them back to my house for dinner and then I come home and help with bed times. However he is going to be renting his own house soon which I'm dreading because then they will be away over night.

I'm private renting but have put my name on the list for a council home on the area just incase. I applied for universal credit and they pay towards my housing and childcare etc.