Hi, we brought the house for £360k outstanding is about £227k my income is £14748 and I have tax credits and child benefit as well. My husband earns about £55k before any taxes.
Regarding debts etc the only thing would be my car, I have a financial agreement for 3 yrs. Value of Assets?? I'm not entirely sure the usual things I guess, jewelry, paintings but nothing of a large substantual value.
Just had a brief look on rightmove and roughly £300 - £325 within the same area, so not cheap :( the problem I have is I'd ideally need to be near my daughters school as I really don't wish to move her. I think she's got enough to deal with with us separating.
His payments at the moment is £1100
Thank you for that. The £650 payments are alot lower than what he currently pays so can see why he wishes to reduce. Does this maintenance cover just the children or his responsibility for the house/mortgage too?
Spouse maintenance?? do you know how that is calculated and am I right in assuming as with the house this would be for the duration until youngest turns 18 or I meet someone else??
Ok thank you, XXXXX XXXXX things alittle clearer for me. Such a daunting thing and I just want to be prepared for when/if the time comes.