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I would counter-propose that he gets the 2nd house, and you get the FMH. That is approx 66/33 split of equity. He would probably be quite foolish to argue against that.
He is currently proposing that he keeps our 2nd house, and we sell the FMH and we split equity of both houses.
Well, that might just he hard cheese for him. He will not necessarily get what he wants in this case. It is very common for the wife to get the FMH and the husband to remain on the mortgage.
he is not going to want to keep both mortgages in his name (with me living in one of them).
OK, it would probably make sense to find out how much a more suitable house would cost. If you keep the equity from the FMH, you have £100k and your wages I guestimate are around £23k. That would allow you to get a mortgage of £80k, and so you should be able to afford a £180k house on your own. Is this realistic?
Also the FMH is a 5 bedroom house which i feel me and my child would rattle around in some what! So we would end up selling it any how.