Lulabelle's MFW Diary

lulabelle1

gallygirl wrote: »

Sorry Lula but that alone would rule it out for me.I won't even buy a small btl on a street that has cars like that .

Remember the mantra - location, location, location.

Rubbish isn't it.... The annoying thing is that it's a fab plot in some respects and carp in others. To the front it over looks oven space comprising of a large village type green, pond, play area.

But, it's driving through a cramped road to get there, the house is overlooked by a 3 story house and a wall at the back and it's on a corner, the road that leads to the other streets would go right past two sides of this house. A cul de sac would be much better.

I've spent the afternoon rearranging my lounge and thinking of how I can improve our house. Perhaps it's just a 7 year itch?

lulabelle1

Oh.... And, the garden faces east. With the elevated 3 story house overlooking the garden I can't help wondering if we would actually get any sunshine?

Our garden is currently south west so perfect......

gallygirl

lulabelle1 wrote: »

Oh.... And, the garden faces east. With the elevated 3 story house overlooking the garden I can't help wondering if we would actually get any sunshine?

Our garden is currently south west so perfect......

Forget it. Seriously. Our garden faces east, I would NEVER EVER buy a garden with an east facing garden again. If I was ever going to buy another house of course :rotfl:.

Tilly_MFW_in_6_YRS

Hi Lula, I know you are really interested in moving but seriously a NE facing garden doesn't make sense to me at all. S or SW facing if the gardens are smaller are great. However, if the garden is huge, then you have the ability to move around and find the some, somewhere, at various times of the day.

If the parking drives you mad now, that's nothing to after a year of tutting up with it.

If you really want to make a move, how about having a family meeting, making a choice maybe to cut spending for a year but then buying the house of your dreams perhaps?

I'm not sure what the financial jump is from what you are in, to what you really want to live in. Is it possible to have a year of frugality, or two, to give you what you really want?

I feel I have to apologise as I know you've been thinking of moving for a while, but for the high cost of moving these days, it makes sense to be the right place, right size, right time.

What is your dream home? Is it the space, the countryside, being able to walk to some good shops-markets?

I'm more than happy to come house hunting with you if you fancy company?

Best wishes Tilly x x

gallygirl

If the parking drives you mad now, that's nothing to after a year of tutting up with it.

:rotfl:Great miss-spell Tilly, sums it up perfectly :rotfl:.

I'm more than happy to come house hunting with you if you fancy company?

Me too, me too, me too, me too :j:j:j:j:j

Tilly_MFW_in_6_YRS

Lula, whoops, this iPad and my fingers don't always work well together - autocorrect does some weird stuff, frankly I'm surprised I don't get reprimanded by the site sometimes

You have lots of willing hands to house hunt with you :):):)

Tilly x

lulabelle1

Thanks lovely ladies!!!

Moving to this house, whilst it ticks lots of boxes, would be a compromise for sure.

My dream house would be more remote and private. The main reason for not wanting that right now is that we don't want to take the boys away from having the option of playing in the street with their friends.

I know it might sound daft, but they're only 10 and 5 and play outside all of the time with various neighbours etc so I feel that being in a similar environment is quite important. They would be so bored if we lived in a house with few or no neighbours.

With the age gap they don't play with each other that much, just in small doses.

We have all of the space we need to be honest although it's always nice to have a little more.

I think the main attraction of the other house was the open space to the front but maybe the duff bits of the house don't really compensate for that.

And, Tilly, you're right, the cost of moving is so expensive nowadays.....

I think it's becoming clearer in my mind but I shall continue to mull it over for a wee while to make sure before making decisions.

Thanks for sharing your thoughts, it's really helpful xx

lulabelle1

Morning!

So, we made the decision yesterday to stay where we are until (and if) the right house comes along.

As much as we liked the idea of the open space to the front, we felt that there were too many compromises and with the cost of moving it didn't make sense.

Also, as we plan to rent our current property out as and when we buy somewhere else, it puts us in a good position, so we might as well hold on to that until the time is right.

We took back a large amount of OP's to fund a deposit on the new place which isn't going to be used for the time being.... I guess it makes sense to just put it straight back in to the mortgage as an OP?

edinburgher

I guess it makes sense to just put it straight back in to the mortgage as an OP?

I forget what sort of mortgage you have? Either that option or savings, whichever is more rewarding.

Tilly_MFW_in_6_YRS

Hi Lula, somewhere on here in the calculator 'bit' there's one for working out exactly what to do in this situation.

Depends on what your interest rate is, tax bracket etc.

I can't think where it is but hopefully you'll find it. I did it months ago when I was worrying about whether I should OP or invest. I think i had to get around 6/8% interest to make it worth not OPing.

Good luck and I really think you've made the right decision.

Tilly x