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  • FIRST POST
    • Mortgage Moog
    • By Mortgage Moog 13th Oct 16, 12:20 PM
    • 142Posts
    • 30Thanks
    Mortgage Moog
    How long did you/will you spend in your first home?
    • #1
    • 13th Oct 16, 12:20 PM
    How long did you/will you spend in your first home? 13th Oct 16 at 12:20 PM
    Having recently bought my first home I find there's an interesting split between people who buy cheap to move on within a few months/years and those that aim high to get the place they want right from the start.

    How long did you spend in your first property? Has anyone moved on to their second and regretted leaving the first? I'd be interested to hear everyone's stories.
Page 3
    • MobileSaver
    • By MobileSaver 13th Oct 16, 4:27 PM
    • 1,061 Posts
    • 1,463 Thanks
    MobileSaver
    9 years later we bought our forever home, five bedroom, 3 receptions, 3 bathroom detached in the middle of a field
    Originally posted by suki1964
    Are you 2 married?
    Originally posted by chelseablue
    Lol.

    Our next property was only a 4 bed detached, in the middle of a nice quiet estate, so if we were then at that point clearly Suki and I went our separate ways.

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    • Chanes
    • By Chanes 13th Oct 16, 4:32 PM
    • 604 Posts
    • 346 Thanks
    Chanes
    6 years and lost 30k on it when we sold it in 1998.
    • seven-day-weekend
    • By seven-day-weekend 13th Oct 16, 4:40 PM
    • 27,833 Posts
    • 51,080 Thanks
    seven-day-weekend
    The first home we bought, we lived in for nearly forty years, apart from eight years 2004-2011 living in Spain. We sold it last year and never regretted it, because we love our bungalow so much
    Last edited by seven-day-weekend; 13-10-2016 at 4:53 PM.
    To love someone is to learn the song in their heart and to sing it to them when they have forgotten it
    'I believe in Christianity as I believe that the sun has risen. Not only because I see it, but because I see everything by it': C.S. Lewis
    St. Augustine — 'In essentials, unity; in non-essentials, liberty; in all things, charity.'
    • MobileSaver
    • By MobileSaver 13th Oct 16, 4:48 PM
    • 1,061 Posts
    • 1,463 Thanks
    MobileSaver
    6 years and lost 30k on it when we sold it in 1998.
    Originally posted by Chanes
    Coincidentally I think it was 1998 when we sold our first one and as it happens we made £30k. Yin and Yang.

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    • lady1964
    • By lady1964 13th Oct 16, 5:12 PM
    • 734 Posts
    • 986 Thanks
    lady1964
    First house was small 3 bed detached (3 of us), lived in it initially for just over 2 years, moved overseas so rented it out, moved back after just over 3.5 years with 2 kids. DH's new job was about 60/70 miles away & house was too small so we sold & bought a 4 bed terraced closer to his job. Sold that after 4 years (& a 3rd child being born) & moved to a 5 bed semi 10 minutes walk away. We're still in that house 19 years later & 5 Beds has become 4 with an en-suite and back to 3 of us living in it.

    I'd love to downsize but where I'd move to locally (for jobs) is more expensive & we don't want to start having a mortgage again & we've got 10/15 years before we can retire & move away to a less expensive area.
    • Mortgage Moog
    • By Mortgage Moog 13th Oct 16, 5:17 PM
    • 142 Posts
    • 30 Thanks
    Mortgage Moog
    How do you quote the previous post? lol
    Originally posted by old_hat
    To quote a previous post you click on the orange speech bubble in the middle of the icons, to the right of where it says "quick reply"

    It seems unfair that you were given a mortgage on a property that you now can't sell. There must be something you can do, I'd say your best bet is a cash buyer.
    • Mortgage Moog
    • By Mortgage Moog 13th Oct 16, 5:20 PM
    • 142 Posts
    • 30 Thanks
    Mortgage Moog
    In a nutshell, it's extremely noisy in a 'people-noise' way. You can hear conversations, people moving around, etc, and it never stops. It basically sounds like I'm living with 3 or 4 other people who are probably perfectly nice, but I don't know them and they are constantly around, and as a major introvert, that really sets my nerves on edge.

    I've done all I can to minimise the noise, but I've come to accept that it's just a fact of the building (it was empty back when I bought my flat, so I didn't notice anything amiss back then). I've lived in enough different places (including flats) over the years to know that I'm never going to settle in this place, so I've just decided to bite the bullet and go.
    Originally posted by Bossypants
    I hope you find peace in your next place. I had a noisy neighbour once and also moved out partly because of them. I only had a short term rental on the place so I didn't mind.
    • ellie27
    • By ellie27 13th Oct 16, 5:45 PM
    • 959 Posts
    • 649 Thanks
    ellie27
    We bought our first house, aged 30, and had 2 children there. We stayed for 8 years, 3 bed semi.

    Now the kids are of school age we moved to a better catchment simply for schools and we have bought what will be our forever house. A 5 bed detached bungalow, big garden.
    • old_hat
    • By old_hat 13th Oct 16, 6:03 PM
    • 72 Posts
    • 20 Thanks
    old_hat
    To quote a previous post you click on the orange speech bubble in the middle of the icons, to the right of where it says "quick reply"

    It seems unfair that you were given a mortgage on a property that you now can't sell. There must be something you can do, I'd say your best bet is a cash buyer.
    Originally posted by Mortgage Moog
    Thanks for this!

    We feel trapped - people want the flat - have had offers over.

    We have dropped the price to attract cash buyers but investors have gone quiet.

    Is there any legal recourse we could go down for being sold a mortgage they are not prepared to sell to any other customer?
    • Mortgage Moog
    • By Mortgage Moog 13th Oct 16, 6:41 PM
    • 142 Posts
    • 30 Thanks
    Mortgage Moog
    Since adulthood, I've never stayed anywhere more than 3 years maximum.

    So that's about 30 years of constant moving. A few owned, most rented.

    I only regret leaving 3 of those places and I still feel the loss of those places today and think of them as my only real homes.
    Ironically, all 3 were rentals.

    The homes I've owned meant very little to me even though one especially was pretty fabulous. I just didn't connect with any of them.
    Originally posted by Quizzical Squirrel
    That's interesting. What was is about those homes you liked? For me it's the other way around; I've rented twice and didn't feel anything for either but the first time I bought I felt much better about it.
    • Mortgage Moog
    • By Mortgage Moog 13th Oct 16, 6:43 PM
    • 142 Posts
    • 30 Thanks
    Mortgage Moog
    Thanks for this!

    We feel trapped - people want the flat - have had offers over.

    We have dropped the price to attract cash buyers but investors have gone quiet.

    Is there any legal recourse we could go down for being sold a mortgage they are not prepared to sell to any other customer?
    Originally posted by old_hat
    I don't know about whether you'd have any recourse but it'd be worth looking into. Things have changed a lot since you bought with the recession, new rules for mortgages etc. If you're earning that much though you could just sell for whatever you can, cut your losses and not buy above a commercial property again.
    • basil92
    • By basil92 13th Oct 16, 6:49 PM
    • 10,859 Posts
    • 28,156 Thanks
    basil92
    Lived in it for 25 years...

    Shared it for 3 years, rented it for 10 years, then bought and owned it for the remaining 12...

    ..it never ever was 'home' though!!!
    If you want somebody you can trust...trust yourself


    Basil - Lovely, a sensitive soul with legs designed for the catwalk
    Originally posted by Chopper98
    • tim9966
    • By tim9966 13th Oct 16, 6:59 PM
    • 393 Posts
    • 160 Thanks
    tim9966
    Just over 10 years for me, and still living in it. I'm looking to move as soon as I can as I want more space, and a garage.
    • walwyn1978
    • By walwyn1978 13th Oct 16, 7:35 PM
    • 206 Posts
    • 184 Thanks
    walwyn1978
    5 years in 1st flat. 4 years in next house.
    Moved back to Yorkshire from London, house didn't sell so had tenants in it for 3 years, then sold it. Lived in tiny rental house for 4 years during not selling it/letting it out - was meant to have been a six month stop gap whilst our house sold. Now live in our hopefully forever family house and have been here two and a half years
    • Barter
    • By Barter 13th Oct 16, 7:38 PM
    • 563 Posts
    • 285 Thanks
    Barter
    Over 44 years, but think there'll be a move before it gets to 46!
    • boliston
    • By boliston 13th Oct 16, 7:53 PM
    • 1,745 Posts
    • 1,293 Thanks
    boliston
    I got my 1st flat in 1997, a 1 bed flat and lived there till 2005 - it had a nice central location but was a bit dated (1980's build I think) and started attracting dubious tenants (I had a tenant dealing drugs from window of the ground floor flat below!) Decided to go with a new build 2 bed in 2005 and been there since. Location still very good, about 300 yards from the 1st flat. Probably been too long in this town (a very rural county town with not much going on) but anywhere more interesting will be way out of my price range.
    • Bonfire Bride
    • By Bonfire Bride 13th Oct 16, 8:09 PM
    • 664 Posts
    • 817 Thanks
    Bonfire Bride
    Nearly 9 years...havnt left just yet

    We bought as boyfriend/girlfriend and are now married with 2 very young children. We have enough space here, but financially we are ready to move up a little. I don't see this as being our final move either but we're expecting to spend 10+ years in the next house.
    Mummy to 2 little boys born in 2013 & 2015
    House on the market for 19 months ....SOLD! ...complete!
    Natalie
    • carguy143
    • By carguy143 13th Oct 16, 8:34 PM
    • 95 Posts
    • 38 Thanks
    carguy143
    I bought my first house in July 2015. It's in the middle of a "new town", so the area is full of lots of greenery and wide, open spaces, no traffic lights in the whole town and a good network of pavements so I can walk anywhere without having to walk along noisy, busy roads.

    The house itself is a 1965 ex council, 3 bedroom terrace measuring almost 1000 sq feet complete with downstairs toilet, utility room, walk in wardrobe in the main bedroom etc. It was rewired, had a new boiler, insulation etc within the last 8 years. I think it's a B rated house for efficiency. So for the two of us it ticks all the boxes and I don't plan on moving anywhere else in the UK. Best of all it only cost us £80k!
    • boliston
    • By boliston 13th Oct 16, 8:38 PM
    • 1,745 Posts
    • 1,293 Thanks
    boliston
    I bought my first house in July 2015. It's in the middle of a "new town", so the area is full of lots of greenery and wide, open spaces, no traffic lights in the whole town .....
    Originally posted by carguy143
    How do you cross the road if there are no traffic lights in the whole town?
    • x-caitlin-x
    • By x-caitlin-x 13th Oct 16, 8:42 PM
    • 165 Posts
    • 154 Thanks
    x-caitlin-x
    We haven't bought yet so maybe I shouldn't be answering, but my plan when we do buy (later 2017/early 2018 is the target) is to find somewhere that we could be happy in for 10+ years. We've got 2 kids already so we'll be looking for a family home rather than a typical starter home, and I've no interest in moving about every few years. I'm looking forward to finally feeling settled and getting some stability!
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