Rich People in Big Houses

jackieb

We could've been in a mortgage free home, which would be worth just over £100k by now, but we decided to move, and now have a £90k bigger mortgage than we used to.

Of course i'd love to not have a mortgage but we're honestly happier now than we were before. We have more room. More privacy. Bigger garden. Nothing fancy, but my husband hated being cooped up in our old house.

I'm going to have to go for the £100k mortgage on a £200k house because that's closest to what we're at now - even though we were almost mortgage free before we moved.

whathavewedone

Cleaver, while I don't always enjoy the erm blunt way that Mgb9gf delivers his views on the world, I have to say that having experienced living in Mosside and Plaistow as well as leafy Pinner and Chislehurst I know the type of area I'd rather bring my children up in.

Yes you get ar*holes in all walks of life and while living in a suburban semi in Chislehurst I had a neighbour who would actually get a tape measure out to check if someone had parked half an inch over his drive irrespective of the fact that you could still drive a bus in and out of it. I've also lived close to some seriously unsavoury characters that I wouldn't want anywhere near my children.

Of course parents have ultimate responsibility for their children but that job is much harder if their peers are parented by people with poor aspirations and even poorer parenting skills. Children want to fit in. It's natural so it follows that a child in that peer group is less likely to achieve their full potential regardless of what their parents do with them at home.

amcluesent

>'People of quality' - so snobby<

Nope just realistic, having seen what happens when a rag-tag family moves in and you get the bunk-beds in the lounge, the rubbish around the bins, the drum-kit in the conservatory, barking dogs left to roam in the garden, the Novas parked-up over the pavement, the bored, obese kiddies breaking down the trees and kicking the ball off other people's gable walls without a peep from the parents.

sjaypink

amcluesent wrote: »

the Novas parked-up over the pavement

Oh yeah NOVAS! With the 'nova-dose' bodykits, the height of chav! Anyone remember them? As scum as I am I never sank that low, LOL init :rotfl:

Err, sorry, off topic

wageslave

All about where you are in your life really and your attitude to debt.

I own my house outright and it is an extremely nice feeling. I used to worry about the mortgage, I am not even sure why, it wasn't particularly large or cumbersome.

I keep toying with the idea of selling and moving up the ladder. No sense to it really, this place is more than adequate for our needs and the area, while not posh, is decent enough. I just want a nicer house.

I am not quite sure what that says about me:o

jackieb

wageslave wrote: »

All about where you are in your life really and your attitude to debt.

I own my house outright and it is an extremely nice feeling. I used to worry about the mortgage, I am not even sure why, it wasn't particularly large or cumbersome.

I keep toying with the idea of selling and moving up the ladder. No sense to it really, this place is more than adequate for our needs and the area, while not posh, is decent enough. I just want a nicer house.

I am not quite sure what that says about me:o

We wouldn't have moved either if it had been enough for us. We used to live in a 2 bedroom terrace which we converted to 3 bedrooms. We have 4 children and this was the first time we were able to afford a bigger place. We're now in a modest 4 bedroomed detached house. If we listened to some doom-mongers we'd still be where we were. We moved because we wanted to be more comfortable. We didn't do it to keep up with the Joneses. We were offered a mortgage for £240k. :eek: I'd never have managed to sleep again if we'd gone for that!

whathavewedone

That you're house is sufficient for your needs but you'd like a nicer one. Not an unreasonable and certainly not an unusual aspiration imho.

wymondham

I'd go for the first option for 100k with no mortgage assuming it had three bedrooms - anything more is a luxury for us as we don't need them.

jackieb

wymondham wrote: »

I'd go for the first option for 100k with no mortgage. How many rooms can you live in at once?

Surely it depends on how many people are living there.

wymondham

jackieb wrote: »

Surely it depends on how many people are living there.

you beat me! - i realised this and amended! ;-)