What have I done....

resilie

Hey Laura
Exciting stuff! Now I know next to nothing about horses (big heads, eat hay, like apples...) but I also wonder what plans you had post mortgage freedom. Save for a bigger house? Live in splendid luxury this might not be a bad opportunity to expand your assets.. also you might be able to run it as a business if you take horse lodgers and so save on tax...
Not sure about going in it with someone else though unless you treat this as a business partner affair...

LauraJo

Morning both.
I didn't really have any plan post mortgage apart from maybe work a day less a week (wont be able to do that until at least next Sept tho). I'm happy with the house I am in and don't think I'll take on a mortgage again. I truly think I'll still be too tight to spend lots on luxury but a few holidays would be nice!! KP - I think you are right this journey does teach us to be good with money and I suppose a part of me feels like paying livery to someone else is like renting a house and chucking your money away.
I think there would be room for a horsey lodger but would just need to work out tax etc (but I'm thinking they could pay for other horsey expenses such as hay and stay for free?)
I'm going to make an offer today and see what happens....wish me luck

QB_Wolf

Good luck with the offer, how exciting.

LauraJo

Thanks QB Wolf. I've made the offer (which is low so is unlikely to be accepted).
We would go to asking price if we had to because I do think its worth it but I would hate to pay more than needed!!
Not sure how long they are going to take to come back to me!

LauraJo

Hum first offer turned down to be expected really as it was low. Have upped it to a very reasonable offer because I want to buy it!

kirstypark

ohh, exciting - will keep my fingers crossed for you.

edinburgher

You horsey MFWers are always an inspiration - I find a fish tank enough work!

gallygirl

edinburgher wrote: »

You horsey MFWers are always an inspiration - I find a fish tank enough work!

I worry about Boris, the big spider in the garage :rotfl:.

Better luck with the offer this time :T

Alchemilla

Are you offering alone or with a sharer?

Change of use to equestrian AFTER you have bought it is likely to increase its value.

Mobile stables are ok if they are not fixed down (though who will check?) According to planning. You can also increase its value by getting leccy and water if it doesnt have these already.

Got our field valued yesterday so will let you know!!

LauraJo

edinburgher wrote: »

You horsey MFWers are always an inspiration - I find a fish tank enough work!

Ha ha! Yep they are a loada work but keeps me too tired to spend anything!