72k to be repaired in 6 years! Oh my gawddd!!

ampersand

That's all sounding much steadier :-) and well done on your mse tendencies, esp. with OH's knowing his Mm100 so well............))))))

This might help the selection process:
http://www.which.co.uk/energy/creating-an-energy-saving-home/guides/wood-burning-stoves/

It will be good if it can be in by winter for you. I imagine cold and damp doesn't help OH.

BOWSER

Missmay100 wrote: »

Thanks guys

Completely torn what to do now, looking at starting to purchase the bits for the new house! I have a £22k budget which sounds loads to me but after writing a list it soon goes!

£7000 for our new wren kitchen Does this include appliances? Also, how large is the kitchen?
£1800 for televisions and fridge freezer [COLOR="rgb(65, 105, 225)"]You get what you pay for (quality, guarantees etc.[/COLOR]
£330 what's left to pay for OHs workshop
£500 for the concrete base [COLOR="rgb(65, 105, 225)"]How many meters do you need? Are you doing the labouring yourself?[/COLOR]
£400 for the butler sink and taps [COLOR="rgb(65, 105, 225)"]Shop around for this, I can pass on details to a plumbing merchant who will "quote you happy"[/COLOR]
£2200 for bedroom and living furniture [COLOR="rgb(65, 105, 225)"]What are you buying? May be a little lite here[/COLOR]
£1000 for dining room table and plates etc.. For kitchen [COLOR="rgb(65, 105, 225)"]Again, you get what you pay for[/COLOR]
£1200 oak flooring [COLOR="rgb(65, 105, 225)"]Typical price for this is £35m2 you can get it cheaper if you shop around[/COLOR]
£500 to brick up the door ways [COLOR="rgb(65, 105, 225)"]Again depends on how many and how much labour you do yourself[/COLOR]
£4000 to get the house re wired [COLOR="rgb(65, 105, 225)"]- Check with friends and family for a sparky[/COLOR]
£1000 new fireplace and log burner [COLOR="rgb(65, 105, 225)"]Just had a wood burner and flue for £1650 at my dads house (cheapest price we found for that particular model) and a stone surround which was just shy of £1000 [/COLOR]
£700 bathroom tiling and splash backs [COLOR="rgb(65, 105, 225)"]Depends on what tiles and m2[/COLOR]
£400 carpet [COLOR="rgb(65, 105, 225)"]As above[/COLOR]

Which comes to £21,032!!!!

The dilemma is.. Do I buy the stuff now while majority of its in the bank holiday sales? Or do I get the labour and the repairs done first and see what's left over? I'm so stuck what to do because I do have to get these bits and If I wait till after I could be paying double?? But if they discover any major problems then I don't have any money left in the pot!

Set my standing order up to make my first payment and I've got my pay aside waiting! I was thinking that I would set up two HSBC reg savers one for £250pcm and the other for £50pcm that would earn me 6%. I would pay the payment for £700 to the loan and the additional £300 will go into these reg saver once they have matured I can pay that to the loan with the interest.

Writing down exactly what I spend... The issue is me really. I am a spendaholic and my poor OH has really no idea what I spend. I'm hoping my diary will shock me into changing my ways.

I will change!! X

Looks as though you are doing well and have a good vision of what you want etc...I would probably fill in a SOA just to make sure your spends don't dwarf your income...£1300 to live on will heavily depend on your life style, bills, cars, shopping, entertainment, etc.

Hope this helped

EDIT, Don't know why the colours haven't worked on the quote

Olivia-Louise_2

Subscribed

Amazing plans look forward to following

Missmay100

I'm trying to do a SOA but I can't get it to transfer across! I'm on an iPad does anyone know how to do it? Thanks x

Regshoe

Having bought my first house last year I wouldn't have dreamt of spending thousands on furniture from borrowed money, but then I'm very financially cautious and risk averse.

One thing I did wonder about - you say the house was "worth" £200k, you could get a mortgage for £150 and you wanted £20k for fixing it up and buying furniture (hence the £72k borrowed, presumably the £2k difference is SDLT/other costs). That implies that effectively your entire deposit, or at least the majority was borrowed from a 3rd party. Did you struggle to find a mortgage lender, as I thought most of them wouldn't like you to be borrowing the deposit, particularly on this scale?