Not Settling Into New House

getmore4less

You can't take it with you(that's how you got it) so it needs spending.

moneyistooshorttomention

Beancounter wrote: »

As luck might have it a house style we like has come on the market, went to view it last night and love it. The people are looking for a long entry date too as they are buying a newbuild in January which works for us too.

Only thing holding me back from making an offer is the fact it would make a substantial hole in the inheritance, I know we should use it to make ourselves happy but can't get my head around spending another 70K plus fees.

Arrrggh!!!!

DO IT!

My instant thought was to remember that one of my parents that was financially comfortably off "until" during their childhood - and then....whoops!

To this day - she will consult about whether its really really honestly okay to spend a noticeable amount of money on something that she seriously needs/wants.

I think that's what you are doing here.

.....and you're gonna get the same answer I give her = "If you genuinely really need or strongly want something = get it....just get it....as what you're after isn't A Big Luxury (ie not "outa our class" and "should prod conscience about being greedy"). Its really something pretty "standard" actually".

Go on then - where's your chequebook? Start writing those cheques etc.:)

There are people who can spend loadsa money without a qualm from their conscience (gawdknows there are plenty of them around....) - and then there are those who feel guilty about "yer standard normal middle-class standard of living" and I betcha you are in the second category....so get that house then...

(Quoting a typical parental example - and I will tell her to just "go ahead forgawdsake" if she fancies a £500 ring and tell her that's pretty standard. She wouldn't even be looking to buy something as expensive as a £5,000 ring - so yep....£500 is well within "standard reasonable" I would say).

Doesn't sound to me like you are trying to exceed that "standard normal middle class remit" of what you need/want ....

We've all got our little personal guidelines of what is "Fair and Reasonable" and what is "Greedy" (but a lot of people would go for it anyway). Houses-wise and it depends on the area you are from and the house price level there. My personal "Am I being Greedy?" barrier would come in at around £400,000 currently (very high for my current area - but perfectly reasonable for my home area and would only get a standard level decent house there - nothing luxurious...). Half a million £ and I'd be on RightMove website within the hour....

Stop feeling Greedy - you aren't being imo.

Beancounter

I submitted an offer on the house today, went to valuation price, only been on the market 2 days so I would imagine the vendors may hold on but you never know. Hope to hear back tomorrow.:)

If it's a no we will keep an eye out for similar properties but if nothing comes up we will go on the market in January and go to rented if need be.

GaleSF63

Good luck with the offer.

You weren't left the money to keep and pass on to someone else. And a house is (usually) an investment as well as a home.

harz99

Davesnave wrote: »

Spammer above lifts whole articles and re-posts. Give him the boot!

Agreed, and although there are some good pointers as to what to do in the piece, IT IS CLEARLY FROM NORTH AMERICA, NOT THE UK.

Beancounter

Pleased to say our offer was accepted, entry is in 6 months, by some sad irony it is on the anniversary of Dads death so not sure I am too keen on that but hey ho.

Loads of time to sell our place, just got a few decorating jobs to do and our solicitor advised us to start marketing around the end of September.

Still not got my head around the fact it's costing us an extra 70k but as has been pointed out it would hopefully be a better investment tool than savings and more importantly gives us our dream house for the next 20 odd years.

moneyistooshorttomention

I'd be seeing this in a bit different light myself.

That would be that its on the anniversary of your Dads death - because that is what he would have wanted for you. So - speaking personally - I would be taking that as a "message" that that is what your Dad wants for you.

Looking from outside - and I honestly think your Dad wants this/has maybe played a part in arranging it = pleased for you.:T.

Good vibes about this and I think it will be for the best. Good luck.