we live in the south east and have a 2.5 year old.
we have a mortgage and live about 25 mins from my parents who help out massively and we spend a lot of time with them.
our mortgage is up for renewal next year and with the mortgage interest rates, it will increase by about £300 a month which will give us hardly any money to spend on holidays days out etc and we will be basically working just to pay the essentials. (Moneys a bit tight at the moment but have a fair amount for fun).
Our big question is, what is better for a family - specifically the child - having grandparents nearby and spending time with them, staying over, days out etc. Or having potentially a better quality of life but away from them.
we are thinking of moving up north (Sheffield/york) so we’d have a smaller mortgage and have money to be able to do a few trips each year, days and meals out etc. we also are thinking of a second child which I 100% want but there’s jo chance of being able to afford it in Kent.
if we moved away, we can have a nicer house- we HATE ours, so unhappy in it and it’s a 2 bed mid terraced Victorian style and had it valued at about £290k. So we’re never going to be able to upgrade and get a bigger one around here.
im just not sure what’s best! Each side have their own list of pros and cons and I can’t decide what’s the most important.
I think my head tells me to move and bite the bullet, but then everytime I’m at my mums and see my sons face light up, it’s literally a home from home for him - he has his own bedroom, tonnes of toys books garden stuff. It breaks my heart moving him somewhere we will know none.
I know it comes down to what I decide, but does anyone have any thoughts, opinions or been in a similar situation??
xx