no savings. how could we move?

vickynleon

lol ok, i've been trying to think ahead because say we don't move before my partner starts his own business then it could be a few years before any mortgage company would even consider giving us a larger mortgage meaning we could possibly have a 2 year old sleeping in our bedroom, then there could be a year before our house even sells so we could even end up with a 3/ 4 year old in our bedroom, don't really fancy that lol

vickynleon

SingleSue wrote: »

We had three children in a two bedroom house...one ok size main bedroom and a weird shape boxroom.

It was a tight fit but is doable, youngest was in our room and the two other children were in the box room. We could only fit the beds in there and we had their wardrobe in the hallway...one good thing was we didn't have to worry about one of them falling out of bed and hurting themselves, there wasn't the space between the beds for them to fall!

With eldest, we only had a small one bedroom house, so he had to share with us in a modified cot to fit the space, I had to get out of bed by scooting to the end of it and then getting out as his cot was right up against my side of the bed...he shared our room until he was just over 1 and we moved to a 2 bedroom and didn't suffer any consequences for it, although it did make lovey dovey moments a little awkward :rotfl:

well i certainly dont envy you lol. you must have alot of patience to deal with that. we get stressed out enough in this house with just the 3 of us. i cant imagine them lovey dovey moments with a few sets of little eyes staring at you out of the side of a cot lol :rotfl:
i think we would go insane if we stayed here for a long period with the 2 kids.
when we had our first son we were living with my parents so he was in with us until he was 11 months and when he was in his own room in our house he used to be up all night every night not sure if he was just a little monkey or wether it was because he was used to being in our room but either way we were exhausted especially working full time and dealing with that lol.

Yorkie1

Bunk beds in the small room?

Parents in the living room, children one room each?

I have a friend who grew up with there being 4 children in a 2 bed house so it can be done.

casualwalks

Yorkie1 wrote: »

Bunk beds in the small room?

Parents in the living room, children one room each?

I have a friend who grew up with there being 4 children in a 2 bed house so it can be done.

One if my best friends growing up was one of 6 children in a 3 bedroom house. Multiple bunk beds per room. Didn't seem to hurt her.

SingleSue

vickynleon wrote: »

well i certainly dont envy you lol. you must have alot of patience to deal with that. we get stressed out enough in this house with just the 3 of us. i cant imagine them lovey dovey moments with a few sets of little eyes staring at you out of the side of a cot lol :rotfl:
i think we would go insane if we stayed here for a long period with the 2 kids.
when we had our first son we were living with my parents so he was in with us until he was 11 months and when he was in his own room in our house he used to be up all night every night not sure if he was just a little monkey or wether it was because he was used to being in our room but either way we were exhausted especially working full time and dealing with that lol.

Not so much patience but an experience of always having shared a room when I was growing up and it is only for bedtime, thankfully our lounge was a very decent size so that helped (although our kitchen was tiny, very very tiny).

If we had not moved to a 3 bedroom house, we were looking at what we were going to do when youngest became too old to share our room and we had already planned to get bunkbeds for the two older ones and for youngest to then have one of the beds already in that room.

It was only really stressful for the first week or so until we all got used to the arrangement and after that, we just got on with it....the lovey dovey moments, we would put him to bed and then have our moments downstairs, quite romantic with low lights, music playing and a lovely blanket (with a few cushions underneath!) on the floor.

Eldest made the move over quite easily but then he had always been a good sleeper having slept through from 6 weeks old....youngest on the other hand was a complete pain in the bottom!

BitterAndTwisted

Selling a property when you've only bought it three years ago is not the most sensible decision even when we're not in a falling market. Being squeezed in a property that's a bit too small for what you think you need is not the worst possible scenario. I can think of a couple much worse. Like someone committed to a larger mortgage with a partner who needs to be at home taking care of nippers so can't work and then attempting to earn a crust by going self-employed. In a recession.

vickynleon

it could be done with bunk beds but we lack storage space also so ideally we do need to move to live in a chilled household lol. we havent got room for a wardrobe for our son/ baby so his clothes are stuck on a shelf in his cupboard but also in there are our towels and the other 2 shelfs have toys on them because theres not enough room to have them out because of the size of the room.

i was planning on staying here with the baby and maybe move when the baby gets to about one but because of my partner starting his own business a few people have said to move before or we'll have problems getting a mortgage, plus the house we have found is very cheap for the area we live and i would prefer to pay £120,000 for a 3 bed house than £150,000 for the same bed house.

vickynleon

BitterAndTwisted wrote: »

Selling a property when you've only bought it three years ago is not the most sensible decision even when we're not in a falling market. Being squeezed in a property that's a bit too small for what you think you need is not the worst possible scenario. I can think of a couple much worse. Like someone committed to a larger mortgage with a partner who needs to be at home taking care of nippers so can't work and then attempting to earn a crust by going self-employed. In a recession.

my partner has been looking into going self employed for a long time and he will definetely make the money that he needs, he already has alot of work lined up so thats not a worry for us and if it fails then he will just go back to his current job. i will have an income, when baby comes along i will be on maternity pay and then soon as maternity pay is up i will be going straight back to work so my income is not a problem, i would love to stay at home to look after the kids but this day and age it is just not practical and i'm lucky i dont have to pay child care because i have a good family who look after my son, my oldest will also be starting full time school in september so only the baby will need to be looked after while i am at work.

the mortgage is only around £10,000 more which i have worked out on a mortgage calculator at around £50 extra a month so its hardly breaking the bank and we have never had a problem paying any of our bills as we go without luxuries to put a roof over our head.

i am not saying 100% that we will move but i would definetely prefer to so that our kids can have a room of their own and us not having to squeeze everything into our 2 bed home.

BitterAndTwisted

I understand your wants and desires, most people share them. I am just trying to be the voice of reason here. We are in a recession. People are losing their jobs every day. 500,00 public-sector ones to go, all looking for your husband's job and mine. Self-employed people in certain industries are having the devil of a job finding enough work. Pop over to the Debt-Free Wannabe part of the forum to see what people are going through. This is going to be a tough time for a lot longer than some people realise.

I'm sure you and your little family are going to be just fine. I do hope so.

Errata

Have you figured out what you'll do when/if the mortgage interest rate goes up?