Lulabelle's MFW Diary

lulabelle1

Thank Helen and Newgirly.....

Pay Day tomorrow, phew.....

Hoping for some idea on prices tonight....

Been out to a couple of meetings today. Bit of driving around, I quite like driving and contemplating things.... it's quite relaxing.

DH is out with the boys at a birthday party, so an hours peace and quiet before they come home.

lulabelle1

Well..... We're giving the LC a miss. To do what we want was going to be around £60k. Our house would currently sell for around £230 and if we did the work it would be identical to a house that's on the market currently (and not selling, been for sale for yonks) for £265. So, it just doesn't make financial sense. I know that you can attribute an amount to benefitting from the LC but I think £60k would be pushing it too far? (LC £48k, plus remodelling of first floor, plus architects/structural engineers, cost of 2 new bathroom suites and then all of the decorating, carpets etc).

So, I guess i best go and collect the bed sheets from Next and we'll have a take away tonight to console ourselves!!

L xx

Tilly_MFW_in_6_YRS

Sorry to hear that Lula. Enjoy the takeaway

Tilly x

HelenDaveKids

Bless you Lula, but yes, need to be practical.

Fortune_Smiles

That's a shame Lulabelle but sounds like the right decision. £60K is a lot of money. Is there anything else you can do home improvement wise that's a bit cheaper. Small extension?

Fortune x

newgirly

Ouch, that's a hell of a lot! Sorry that its not going to work out as you planned, I wouldn't do it for that sort of money either. Hope you enjoyed the takeaway

Tilly_MFW_in_6_YRS

Hi Lula, I hope your meal out or takeaway has given you and DH time to chat. You must feel pretty gutted, would a garage conversion help in any way? Or would a smaller conversion of the loft help in any way at all.

As you have powered through the mortgage last year, and your planned OPs will make a significant difference this year, would this enable you to put your house up for sale in early Spring 2014?

Tilly x

muddywhitechicken

Sorry to hear that the LC isn't feasible financially

You're right not to do any work that will value your house just above the 3% stamp duty threshold though, however disappointing it is at the moment.

MWC

lulabelle1

HelenDaveKids wrote: »

Bless you Lula, but yes, need to be practical.

Thanks Helen, yes, need to be practical, I can do that every now and then... :rotfl:

lulabelle1

Fortune_Smiles wrote: »

That's a shame Lulabelle but sounds like the right decision. £60K is a lot of money. Is there anything else you can do home improvement wise that's a bit cheaper. Small extension?

Fortune x

Hey fortune... It was more bedroom space that we needed really... Our garden isn't really that large, so I don't want to eat in to the space..... It'll all be fine