House too small...

sylvia9121

Hello,

I was wondering if anyone on here may be able to offer some advice please..

Current situation is that both myself and husband work full time, my husband is self employed in the building game and I am a public sector worker.

We have 2 children a boy age 8 and a girl age 3. The problem that we have is that we have a 2 bedroom house (mortgage) and bad credit history. Sooner or later we are going to need to give my son and daughter seperate bedrooms. I doubt that we will be able to get another mortgage (we couldnt last time we tried).. so where does that leave us? Will we just have to sell up and private rent for the rest of our lives??? or is there any other way? any advice greatly appreciated.

Thanks in advance
Sylvia

Sublime_2

I've been in a similar situation. Couldn't get the deposit together for a bigger mortgage, although good household income at the time.

What worked was renting the old house privately, and moving into private rented property.

HTH .

seven-day-weekend

Extension?
Dividing a room?
Children have bedrooms, mum and dad have sofa bed in living room? (The children won't be there fore ever you know).

Just a few lateral thinking suggestions.

oldMcDonald

A couple of years years back we had 4 children in a tiny, 2 bed new build. We gave up our bedroom (kept a wardrobe in one of them for our clothes) and we slept on a sofa bed downstairs.

We considered selling and renting another house privately but due to circumstances within our family, this option wasn't best for us at that time.

Is the master bedroom large enough to put up a stud wall and make it into two small rooms? This is quite easy to do and isn't too expensive an option.

DVardysShadow

Do as oldMacDonald says. And head over to the DebtFree Wannabes to sort out your debt and clean up your record.

wessexw

Won't bad credit disappear off your record after 6 years anyway? So long as you keep good credit from now on you should be able to take another look at mortgages after your bad credit comes off your record?

seven-day-weekend

Some friends of ours had two boys and a girl in a two-bedroom house, they divided the biggest bedroom into two for the children. The girl's space was only tiny, but at least it WAS her own space.

Shouldn't cost too much if your room is big enough.

sunshinetours

Subdividing the largest bedroom has to be favourite if its possible with the layout. Post on here with dimensions and layout if you need people to have a look

Do you have 2 reception rooms downsatirs? If so could one of those become a new master bedroom?

lincroft1710

Over 50 yrs we had neighbours who had a small 3 bed (2DB, 1SB), 2 recep pre 1914 terr house. There was mother, father, son (late teens), daughter (20s) plus a middle aged male lodger.

Please don't ask because I don't know what the sleeping arrangements were!!

seven-day-weekend

lincroft1710 wrote: »

Over 50 yrs we had neighbours who had a small 3 bed (2DB, 1SB), 2 recep pre 1914 terr house. There was mother, father, son (late teens), daughter (20s) plus a middle aged male lodger.

Please don't ask because I don't know what the sleeping arrangements were!!

Mum and Dad in db1. The lodger in db2. One of the children in sb. Other child in one of the reception rooms. Other reception room as sitting room.

Sorted!

hermanmunster_3

I think some people used to go for mum and daughters in one room and dad and sons in the other.