I do not want to give up the family home. I have 2 daughters and a 4 bed house but also my parents live in an annexe and provide full free on site childcare. Moving presents me with huge issues. Will I be forced to as there is a fair amount of equity in the home. Married 24 years,children 10 and 5. Similar incomes, both work full time. I can not however afford the mortgage alone but possibly with a level of CM
H 47 W44
Marriage 24 years
Debts £51000Pensions equal
Income H net £2400 p/m W £2400 p/m
No contribution from parents
Childcare would cost £625 p/m based on breakfast and after school club plus holiday club
This is a difficult one. The courts would look at what is fair and what your respective needs are, the priority would be the children but your stbx also needs a roof over his head. You also have a large debt which in theory reduces the overall pot.
How much would a 3 bed house cost in your area, if your stbx has the children to stay he would need a suitable property. I doubt he would be able to afford a mortgage at the level necessary.