We have lived together for 8 ears in total but were renting a different property before moving into this property in February 2014.
Our daughter is 22 months old.
The house was bought for £178,000 in February this year with a 20% deposit so this is around £150,000 remaining on the mortgage.
There are no other assets. I earn £20,000 a year, part-time and my husband earns a basic of £35,000 but also earns commission taking him up to about £45,000+ a year.
The house is solely in his name as we could get a larger mortgage with just his earnings.
The deposit came as a gift from my parents.
It would cost about the same if not more as we got the property for quite cheap. The average cost of a 2 bedroom in £200,000
Hi, I do not think I would be able to afford the mortgage repayments as well as the insurances and bills.
No I don't think so as I only clear around £1000pcm and the mortgage alone is £870pcm.