Not married but figured being temp at the mo may be a prob - with my my earnings it would be a push to remortgage for me alone but I was also thinking that if we had say a top value of 220k on the flat and owe 180, then buy it from her, somehow reflecting an imaginary 40k deposit and mortgage the remaining 180. I've heard that done before, but 20 years ago - not sure how viable now. I'm on the hunt for something more permanent on the work front, hopefully with earnings increasing a little as that 180 figure is absolute full stretch for me alone and would probs need a perm job for security.
Joint gross is healthy but she's giving birth in a few weeks, taking a redundancy, circa 80 walk away but realistically looking at 40 to 50 left after we supplement 6 months of her off work + pay HMRC an outstanding bill, buy another car, remainder is hopefully our ticket to a decent sized property, maybe not a million miles away from your new abode (HW- looking at RTW as one poss). All this banking on re-entry to work at the same level for her but it's reasonably achievable - she's got a good foothold in her sector.
2nd property tops we are hoping for is 350 to 400 which is probs 45 to 50% less than what we could push for if it the ceiling was higher. I want to keep enough for any future increases in rates plus healthy living and still being able to buy the odd bit of over priced clothing! I suppose we'll look at other mortgage options closer to the time but I'm keen to keep hold of the current flat as any rental income would cover it's repayment and it's a nice place that we should be able to get decent people in to. Hopefully wanted to keep it, see how it gets on with a view to selling it later on for a similair sized place abroad (part retirement plan)
It could go all horribly wrong but we're just at the start of thinking about what we can and can't do and appreciate we're in a pretty good position when you think of others who can't even get on the ladder.
Then there's the kid - going to need money for that