the house is worth £430k with an outstanding mortgage of £155k approx.
Monthly payment is £1100.
My salary is £55k and my ex works part time so would struggle to gross more than £10k per annum i would imagine.
She receives Disability living allowance and carers allowance to the tune of £700 per month along with child benefit and tax credits etc.
We both own cars which have i have outstanding HP on mine but hers is paid for.
No other assets to speak of.
My son has a diagnosis of Aspergers syndrome since 4 years old and will be 16 this year.
He is in full time education but gets assisted learning at school.
A 3 bed property would cost anything from 230k to 350k.
I have suggested that i would be happy to give her all the equity in the house so she would be virtually mortgage free but have not committed to anything!!