stumped

hello, back on here after 18 months.wife has finally walked out.gutted,angry scared and a lot more. i am living with mi 2 boys 17 and 20 who both earn minimum wage or below.
been 2 see mortgage advisor who has told me i cant afford to buy her out.mortgage of £60,000. house worth 230.000. i earn about £26,000 gross and she earns about £11.000.
had a call from her last nite saying i should move out because i can afford to rent and she should move back in because repayments are low at the moment and she can pay(barely). at the moment she is paying nothing to the running of the house and never has done.
i can see her point to a degree, but why should i move out.i dont want any of this and still love her dearly
should i sit tight or go?
boys seem reasonably ok. we were a solid family before all this so new territory for all of us.
is it usual to feel so lonely? and when out and about look at people holding hands and feel jealous almost.
thanks for any help in advance.

adenuff,

Everything you are feeling is perfectly normal ... but that doesn't make it any easier to cope with.

You do not have to leave if you don't want to ... but there is nothing to stop her moving back in. It would be the cheapest option but not necessarily good for either of you - or the boys.

As far as a financial settlement goes, there is more to be considered than the value of the property ... although I am afraid it does look likely that a sale may be your only option in this case to free up some cash for a lump sum ...

If you want to post more information, wikipeeps can help you with what a fair settlement could be ... look under pproperty and mortgages. There is a post at the top called Read this before posting .. it tells you what we need to know. Don't forget to include pensions and any savings/endowments you may have under assets as well as the FMH.

Hadenoughnow

Hi adenuff. I have to agree with hadenoughnow that a sale looks the only way out of this. I know you dont want this but thats the way it is. If one of you calls time then its over. For both of you to move on you will probably have to sell. I wouldnt move out as moving back in should you need to will be tough. Having her back at home wont work either as she dont want you, you want her and its sure to cause friction that the family could well do without. So try and proceed with the sale. Sorry. C.