Big or small, what's your favourite kind of house?

avenida

Gwhiz wrote: »

Just be careful not to get caught in the trap of always wanting bigger! If you get there then you will never be happy.

Thanks, very true, have to stop watching location,location,location, it can be very unsettling

mlz1413

Gwhiz wrote: »

Just be careful not to get caught in the trap of always wanting bigger! If you get there then you will never be happy.

I echo this, my mum moved us up and up in size of house and it never bought her (or us, the children) lasting happiness.
to give you a quick view we did the below in about in 10 years:
2 bed masionette, 3 bed terrace, 3 bed semi 30's style, 3 bed semi 70's style and (the big one) a converted chapel with garden, parking and out buildings on the edge of a village.

Glad you've stopped watching location x3! how do some people have those sums of money!!

I also say count your blessings, being happy with what you have is the easiest way to be happy in life.

poppysarah

mlz1413 wrote: »

Glad you've stopped watching location x3! how do some people have those sums of money!! .

I love watching LLL but also wonder how they have such huge buckets of cash to splash around! It'd be a pretty dull show if they only had people with really small budgets though...

Gwhiz

"There's always someone with more money and a bigger house than you"

avenida

mlz1413 wrote: »

I also say count your blessings, being happy with what you have is the easiest way to be happy in life.

Makes a lot of sense and I have to say thankyou to all on this thread it has helped me stay grounded and settled, if I move I will more than likely be very skint most of the time, wouldnt be much of a life!

carefullycautious

The people I know who have done best out of life are the ones who stayed long term in their homes without trying to keep up with the jones.

The paid off their mortgages quicker and now have enough savings to enjoy life and feel secure.

I used to dream of a bigger home out in the middle of nowhere when younger, thank god I was unable to achieve this as I know I would now be very unhappy.

I have changed completely now and less is certainly more in my eyes.

Less council tax
Less heating bills
Less cleaning
Less stress

So size doesnt matter. + plus planning on going even smaller as soon as we find right property.

Blodwen

I completely agree with Hazyjo- at the moment it's just the 2 of us in my little 2 bed terrace, which is fine, but even now we have too much stuff for it. We're looking at big Victorian semis (always been my dream) with 5+ bedrooms and a cellar. We probably don't need QUITE so many bedrooms but there are plenty of houses like that in our area and we wouldn't be breaking the bank to buy one. I could quite comfortably afford my mortgage (smallish but overpaying a lot) on my own, and now OH has finished studying and is earning a good wage we can afford something bigger, so why not? It's not to 'show off' to or keep up with anyone, more because he'd like a games room and a study, I'd like a library and a utility room, and if we can afford it why not? Even if we had 7 bedrooms, using a few for the things I just mentioned, a guest room and a couple of kids they'll all be used. When I was growing up I had to share a room with my older brother until I got too old and we had to partition off half of the dining room for him to have his own space- if we buy our big 'forever home' now (hate the LLL speak but it does describe it well) we won't have to worry about that with our kids.

Coeus

Currently FTB saving a decent deposit ultimately meaning small house is on the horizon! However suits me perfectly, a perfectionist with a hate for clutter. Even have a one-in one-out clothes policy strictly enacted over Birthdays and Christmas!

To each is there own. However that said from an economic viewpoint (assuming you time the housing market correctly) your better off buying a small house with a smaller mortgage, paying off the capital and interest earlier than if you bought your big 'dream house' and, if needs be, buying a bigger house with a greater deposit at a later date. Less interest to pay over the long term!

Mainly boils down to: Social benefits vs Economic benefits.

EltonJohnFan

Moneysavers, wow! can I just say thank you to each and every single one of you for such a great response?
I really enjoyed reading through everything you've had to say (thus far) and hopefully more people will answer still.