crisscrosscranky Sun 01-Apr-18 11:07:28

Essex - by the seaside.



I work in management and earn £55k, my husband is a truck driver and earns around £35k on day work including his overtime (he was earning over £40k when he 'tramped').



We own a three bed detached house which is probably worth around £380k. We bought as first time buyers and have made improvements but it would be out of our reach as first time buyers now.



Our mortgage is around £220k and basic payment is just under £750- we overpay by £500 a month at the moment; there's a high possibility I will be at risk of redundancy in the next twelve months and overpaying gives us the option of a payment holiday.



To rent our house would be around £1400 pm based on rightmove benchmarking.