Ours has to be on as we have 11 month old twins. We also have a fixed rate mortgage ending soon. Its likely we will be a mortgage prisoner. Obviously our energy bills and food bills have increased dramatically, whilst we go from two incomes to one. I strongly suspect we will default on mortgage payments as we simply will not have the cash come the new year. OWith the current SVR, it means out bills have gone up by about £3000/month. If we fail to sell our home, which is highly likely, I suspect it will be repossessed.
Before we had kids we earned nearly £100k combined and amassed over £10k in savings, as we thought we could afford a child. Nobody expects twins.
Now we are soon to be on the bread line.
I dont know what to do?