How long did you/will you spend in your first home?

ThePants999

6 months in our first and only rented home, then we bought. 18 months in that home. (8 years in that one, now hopefully in our forever home.)

alipops1986

Bought my first house in 2009, stayed there until 2013. Boyfriend move in with me in that house in 2011. I then sold up in 2013 and we put together to buy our current house.

Current house is 4 bedroom, 1 study, 2 bathroom detached with double garage. Boyfriend is now my husband and we have a little boy. My 2nd house technically, first one he's bought. We have no plans to move from here for at least another 8 years - locked in the mortgage, more than happy with the £732 a month mortgage costs. Lovely, peaceful village - great location for work and to raise our little boy.

Elfbert

Bought my first flat July 2012, and just selling it now!

Hope to stay in the next one (a 2 bedder) until I leave my job and head back to the Countryside where I grew up - currently in the smog of London So plan to be in that one quite a while 10+ years at least. Just trying to find one we like enough for the long term.

Deep_In_Debt

Gosh. This is my first home which I bought 20 or so years ago and now mortgage free.

It suits me, great location, nice area, convenient for travel and commuting and nice neighbours so I've never felt the need to move.

My best friend has just sold her first house - she's lived there for 28 years!

user8526

We purchased in February- we wanted a house but budget wouldn't stretch so instead we're in a new build flat in the centre of an up and coming area just outside of London where lots of regeneration is happening. We will look to move in the next couple of years or so where we hopefully make a decent profit and can then find somewhere that we can stay for much much longer next time.

exiled_red

We bought the flat that we had been renting for a few years knowing that we want to move to a house eventually, we bought the place 2 years ago and would hope to move on in another 2 or 3 years. We were happy renting and saving for a house but when the landlord asked if we had considered buying the flat it seemed to make sense as he gave us a good deal. So hopefully we can make a decent profit on it which will go towards something more long term.

Mortgage_Moog

ThePants999 wrote: »

6 months in our first and only rented home, then we bought. 18 months in that home. (8 years in that one, now hopefully in our forever home.)

This sounds like what I plan to do. Did you have any trouble selling after just 18 months? Lots of people on here keep telling me you have to stay for years in your first home but I don't see why if you can be saving a lot each month. I have a tiny mortgage and the whole thing will be paid off in 4 years so I'm hoping to move after 12 to 18 months, mainly due to having no stamp duty to pay!

sukavi2011

Bought mine 3 bed mid terrace,with ex 30 years ago and now on own, had children who have now left home, so thought I would downsize. Wrong, to get flat wouldnt be that much cheaper, be leasehold and have to pay groundrent n service charge yearly so forget that. 1 bed house just enough room to 'swing a cat' considering got 2 grandkids now. Therefore have opted for 2/3 bed, same size as got, though in a better area and nearer grandkids. Does mean upping mort term but I will consider my situation again in a few years time.

Ithilien

We're hoping to buy a new build next year (on the waiting list). This will be our first owned home after renting since graduating in 2008. 5 bed detached, 3 bathrooms, study, double external garage, etc. Planning for it to be our home at least until our daughter has grown up, so at least 20 years or so - she's about to turn 3.

We've always rented; living within M25 prices just kept increasing and getting more and more out of reach. So we're moving back up north - the 5 bed detached is cheaper than what we'd pay here for a 2 bed flat.

whizzybee

I have just bought my first house although will be living in it with my partner (soon to be husband). We have gone cheap as chips, basically because I alone am covering the mortgage (my partner has only just set up a new business so not enough proof of income) so its a tired property. We are planning on doing a full renovation over the next few years and it is currently 2 bed but if we can afford it, it would make sense to split into 3 (the bathroom is big enough to swing a cat and then some). We plan to be here for 5-10 years, we already like the neighbours and as it such a small relatively isolated terrace, if we !!!! off one neighbour, we will !!!! them all off! It is a small but relatively spacious property with a small garden, although I would in the far future like a property with a larger garden.

But it is perfect for what we want right now; semi-rural, nice neighbours, bit of a project but nothing fundamentally wrong with the house, just needs redecorating, some damp issues sorting etc. Already getting stuck in. Why oh why was woodchip wallpaper so popular.. :rotfl: