Hi Mumsnetters,
My partner and I have decided to separate, although we have faith we'll remain good friends. Our wonderful son is 2 and I'm 33. We currently all live together in our rented house in Walthamstow/London.
Our plan was to purchase a family home in Thanet/Kent. Now we're separating, I'm looking to purchase a property of my own for £300k max, hopefully by the time our current tenancy agreement ends in November 2021. Deep down, I'd love a tiny little cottage or terrace by the sea, but I worry that as a single lady I'd feel too lonely, especially in winter, and that it just wouldn't be worth the loneliness. I sense it would be hard for me to do anything or to meet people, and having to rush back from London (once or twice a week) to collect from son from school. Does anyone have experience of being a single lady with a child in Thanet?
I wonder if I'd be better placed staying in Walthamstow. Our son's nursery is fantastic and it's well linked into central London for future job opportunities. The problem, is my only options to buy a property in Walthamstow are really run down flats or a newbuild with the Help To Buy loan scheme. Does anyone have any experience of making this work?
I could easily hop into another rental but I worry that then my savings would dwindle, because I'll be going from a very even 50/50 split relationship, to buying everything myself. I worry that then I'd have no hope of ever getting onto the property ladder.
Maybe there are some other great affordable areas in or around London that I could consider? Or other help that I'm able to access?
Has anyone been in this situation in this area? Any thoughts and tips would be much appreciated.
Many thanks