Wanting to move out from next door to in-laws advice
So I have asked about this before but now my husband and I have had a serious chat and I would appreciate your advice please
My husband is a cardiologist im a lawyer. I’m New Zealand qualified. I own two flats over there I pay mortgage on both and rent both. My husband owns a house which we subdivided his parents live in one half us another.
I moved to the uk for my husbands career and he subdivided as I did not agree to live with his parents Now I’m at a stage where I want to move. I don’t like the neighbourhood and I want to have kids and have a larger home. We only have one bedroom on our side and a small office which we do need to keep an office due to work.
I’m stuck though. To sell my units I would have to go back to New Zealand for a period to avoid taxes and make a profit and my husband seems to think we can rent our side of the house, let his parents remain on other side rent free and then buy with the funds he remortgages but the thing is my husband pays the entire mortgage.
I think we should sell the home give his parent back what they out in after indexing its minor but it’s a start to rent something but He seems to want to keep it but I think it’s unrealistic to think we can keep this house and pay the mortgage with just the rental plus the mortgage on the other when we’re planning on having babies soon which will take me out of the workforce for a while.
I also am not willing to kill my self with this working when his parents live rent free. At the moment I didn’t have a huge issue although uncomfortable as our finances are seperate.
What’s your view on this.
He is a consultant next year but I don’t believe the salary will increase that significantly to be able to pay two mortgages predominantly and have children to maintain.