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FTB - geek !!! what have we done?

We went to view a couple of houses that are way beyond our budget, naughty he! :rotfl:

There is a very well-maintained large 4-bedroom detached house with a double garage on a large ground, we understand from the RE that it is a deceased estate. We understand that we are the first buyer viewing the property since it went on the market 4 months ago. We like the size of the property, location and the tender, loving care that had been given to the property. We only need to update the kitchen and change those hideous carpets. So we gave it a gamble by putting in a cheeky offer :eek:. After the final counter offer of 20% less than the asking price (this falls within our budget) and our offer was accepted :T

Our mortgage broker and the solicitor said that we are doing very well with the price. They said that this type of property will be snap up within a week paying full asking price if it was on the market last year ...... YIPEEE :j:j:j keep the credit crunching.

Wahooo..........the days of rambling through the boxes for our household stuff in our rental will soon be over :T (we did not unpack just in case we need to move).

:beer:
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Comments

  • Naf20
    Naf20 Posts: 72 Forumite
    Congratulations!!

    Myself and boyfriend did exactly what you did and managed to get a property in an area we have dreamed about living in. Same situtation as yours where the owner had recently deceased and we managed to get a 25% reduction in asking price. We are chuffed to bits :j
  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    Congratulations in your new home.
    Hope you are happy for years to come
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • pinkshoes
    pinkshoes Posts: 20,607 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    YAY! It's nice to see a FTB getting a 4 bed home for a price they can afford!!

    Congratulations!!
    Should've = Should HAVE (not 'of')
    Would've = Would HAVE (not 'of')

    No, I am not perfect, but yes I do judge people on their use of basic English language. If you didn't know the above, then learn it! (If English is your second language, then you are forgiven!)
  • ginvzt
    ginvzt Posts: 4,878 Forumite
    1,000 Posts Combo Breaker
    Finally some good news for us - we are looking for a 4-bed house and the ones we are interested in are at around £250k mark. 20% off and I would buy one!!!! May be brave enough to go to some viewings now....
    Spring into Spring 2015 - 0.7/12lb
  • swingjune
    swingjune Posts: 153 Forumite
    It is critical for us to buy a house within our budget cos' the mortgage is on hubby's income only. So our loan will be 55% of the house price.

    :j:j:j:j:j:j:j:j:j:j:j:j:j:j:j:j:j:j
  • geoffky
    geoffky Posts: 6,835 Forumite
    I am also after a 4 bed det but i am waiting for the two for one offer coming in a few years...
    It is nice to see the value of your house going up'' Why ?
    Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
    If you are planning to upsize the new house will cost more.
    If you are planning to downsize your new house will cost more than it should
    If you are trying to buy your first house its almost impossible.
  • CHARDONNAY_3
    CHARDONNAY_3 Posts: 294 Forumite
    Congratulations!

    20% off sounds like a good deal and gives hope to us all!

    Best of luck with everything x
  • Incisor
    Incisor Posts: 2,271 Forumite
    1,000 Posts Combo Breaker
    swingjune wrote: »
    YIPEEE :j:j:j keep the credit crunching.
    Er, no. Now you have a house [well done!] you are supposed to become a property bull.
    After the uprising of the 17th June The Secretary of the Writers Union
    Had leaflets distributed in the Stalinallee Stating that the people
    Had forfeited the confidence of the government And could win it back only
    By redoubled efforts. Would it not be easier In that case for the government
    To dissolve the people
    And elect another?
  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    geoffky wrote: »
    I am also after a 4 bed det but i am waiting for the two for one offer coming in a few years...
    :rotfl: :rotfl: :rotfl: :rotfl:
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • swingjune
    swingjune Posts: 153 Forumite
    Besides knocking off GBP60k from the asking price, we also save on stamp duty, pay 1% instead of 3%.

    The house is 5 mins walk from our rental, and I could monitor the progress of the renovation.

    :j:j:j:j:j:j:j:j:j:j:j:j:j:j:j:j:j
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