Please help we are being evicted!

PasturesNew

schueys_girl wrote: »

... £80 ... £50 a week.
... petrol ... £20 a week
... car insurance is £100 [per month]

my wage ... £1100

So, your OH's income is £130*4.3/month = £560/month
Outgoings are £186/month

His income is £374/month, yours is £1100.

That's almost £1500 between the two of you, which is a lot more than many others have before they pay out some of the stuff that's included.

I think the information that's really needed from you, so people can offer help/advice/opinions is:

- what area are you living in and working in (first part of postcodes would help)
- a full SOA (list of everything you are paying out)

You'd be surprised what people spot/suggest.

PasturesNew

mbga9pgf wrote: »

I would say not to look a gifthorse in the mouth, that you arent going to like my answer but moving back in with his folks is the solution, or yours, or both with respective parents. It may be a pain, but you cant have everything I am afraid...

If you read it closely, at the OH's parents' house she's sharing a single bed with her OH, AND sharing that bedroom with his brother.

Now, while that might sound cosy, it doesn't leave much for privacy does it. And both need some study space, which is hard to create in a shared bedroom.

sarah_elton

What area of the country are you in? With you bringing in about £1k a month, is a room in a house share not possible?

My mortgage plus all bills in a 2 bed flat come to about £950 a month, of which about £680 is mortgage. If you can get your rental cost down to say £400, you should have a few hundred quid a month which would cover your bill for food and essentials. You'd have to live in a tight budget but it should be do-able.

If you're in a major city (as I'd suspect you are for your wage not to cover a room) then is it feasible to move out and commute? Transport costs go up but cost of living is a lot lower...

50plusabit

schueys_girl
You have been given a lot of good advice. I think you have had some bad luck and got very down on yourselves. You have a proffession that is a struggle at the begining, but your income will be good in a few years. The monthly income you and your partner have should be enough to rent a property, depending on where you live.
I think the best this is to sit down and work out exactly what you bring in a month, work out what you need to run the cars, food,etc. Look at properties in your area and see whet the rental is. If you can not afford a property also, try a house share, im afraid you will need to take what you can afford for the time being. Things will get better.

RAS

Can you put up a notice on your staff e-mail asking if anyone wants a couple of lodgers for 6 months?

There will be loads of folks struggling to pay the mortgage and with one spare double room. They would not have to pay tax as long as your lodging is less than £370 per month (ish).

little_miss_moneysaver_3

Sorry to hear about your bad luck. Just when you seem to be on the way forward. I agree I don't think you moving back in with MIL would be healthy for anyone, not sharing with his brother anyway!!

Are your parents near by? If worse came to it maybe you would have to move to your own parents for a while until things were more settled? As nice as it is for them to offer a loan of some kind, that won't last forever so is better to do something you can afford straight off.

I can't remember the exact details but my friend (we're student nurse) got a grant from the local authority. So she didn't have to pay it back. Again not a long term solution, but maybe could help towards a deposit or something. I'm not sure exactly what it was but will find out. I didn't qualify at the time.
http://www.direct.gov.uk/en/AdvancedSearch/Searchresults/index.htm?fullText=educational+adult+grant
I know I did apply through this website tho.

If you rented a good size room you'd have a double bed, which is one positive aspect. Although after having a flat it might small a bit of a downgrade, but you'd still be together and not be bankrupt. You'd may a set amount each week/month and would (normally) include most utilities. And if people are struggling they may be renting out rooms to help cover their mortgage.

Hopefully you'd be able to save a bit each month and the time your partner finishes his course you'll have a bit to get somewhere really nice together. And like someone said above. He should be entitled to key worker shemes. Nearly qualified as a nurse. One of the perks i'm hoping to use to my advantage!

Would either of your parents have room to store all your new furniture etc?

LMMS

kunekune

You have my sympathy. I suspect you are being exploited somewhat: I'm a university lecturer, and we wouldn't expect our new recruits to run courses like you are doing. And they are paid more than what you get (even with no experience, ours start in the high 20s/low 30s). If you are so much cheaper than everyone else, you could of course be a good one to keep but that doesn't help much with the job uncertainty. Are you a union member? In your position, that's where I would be off to. Generally, in Higher Ed there are very long notice periods so at least you get 6 months warning. Hopefully Further Ed is the same (that's my assumption from what you say).

teafiend

I can understand what you're going through, having done a PGCE myself. But at least my fiance had a job and could help to support me. Are you eligible for student loans at all? I know you're probably not wanting to get into debt, but it could be the difference you need to pay more rent on somewhere more comfortable, and your course is only one year long.

You said you'd be interested to know whether people *have* managed on funds like yours, so yes, I have. Before we were married (including the time while I was doing my PGCE), my husband and I rented a double room in a shared house that belonged to an old uni friend of his. I think I paid £300/month for the room when it was just me, but this would be 2002/3/4. After he moved in as well, I think we paid £500 between us, but we also had the use of the tiny third bedroom as a study. Obviously, I'm years out of date, but that was Reading prices (not sure where you are), so I think it ought to be still possible. Other posters have suggested looking for house shares, or advertising. You could also consider asking around amongst your colleagues. I know lots of my colleagues have grown-up children, but still live in large family houses. Good luck!

SouthCoast

With the benefit of a SOA folks will be able to give constructive input:

http://www.makesenseofcards.com/soacalc.html

3plus1

schueys_girl wrote: »

My income is good, as a trainee lecturer, my wage is about £1400, but after tax, student loans have caught up with me, i HAVE to pay into a pension I have about £1100, but of course then you take the possible rent off, council tax, food and other bills etc I am not sure it could be done as I run a car also and will have to factor in petrol now as before I was not using my car at all!

My OH and I lived on a joint income, post tax, of about £1,200 a month when we first moved in together. We could have reduced our outgoings by approximately £100 by opting for a studio rather than a one bed flat. And we live in an expensive city. He wasn't entitled to any benefits because of my salary, so I sympathise with you on that one!

So yes, it is doable, but it will be tight. I would recommend popping over to the Debt-Free Wannabe board and posting a Statement of Affairs, so they can help you identify areas where you could reduce your expenditure without making life totally miserable.

You will have to budget and you might have to cut back on fun spends, but believe me, it is possible. The budgeting might be unpleasant, but it's got to beat sharing a room with your OH and his brother.

If you're not against living with other people, a houseshare would help cut your outgoings even further, and maybe free up a bit of money for you and your OH to go out every once in a while and unwind.