Centrelink Question re: renting house and mortgage

[Lukesmum]

Thanks for all your help. I had an interview at centrelink yesterday and it is not really a good idea for us to rent out our house. We wouldn't have enough money to pay rent on another place and live. We still haven't totally decided what to do yet. DH redundancy will keep us going for 2 months so I am really hoping that he finds a job before then or we will have to sell. We will have to wait 8 weeks before we receive centrelink payments because of the redundancy. I will be back to update more if we have any changes. Especially if DH gets a job.

[HotI]

Are you able to take in a boarder to help you out with the mortgage? (You would have to do the calculations again to see if it is worth it)

[rarmalb]

I hope it works out for you. Could you perhaps consider selling and purchasing a smaller property?