Buyer's remorse

ReadingTim

Crashy_Time wrote: »

Hopefully more and more people are starting to get this.

Not while the alternative (renting) is manifestly worse.

cloo

I know a few people who have initially been unhappy, sometimes very much so, but have come to love a place.


The place we live now was kind of our second choice, not having off street parking, being on the high street end of a quiet road and a very small garden and needing a lot of work.


However, we're coming towards the end of having spent a lot of money remodelling and redecorating but I find myself totally not caring about the cost of it because we've done something really good and a bit different with the layout and really made it ours. Once somewhere is yours, it does make a big difference.

RedfordML

Not sure how it can be a regret?


No longer lining a landlords pockets, potentially making equity, its yours.

Crashy_Time

ReadingTim wrote: »

Not while the alternative (renting) is manifestly worse.

How many bad landlords did you have?

Crashy_Time

RedfordML wrote: »

Not sure how it can be a regret?


No longer lining a landlords pockets, potentially making equity, its yours.

Massive bank loan, rising interest rates, buyers drying up, having to fork out for repairs?

needhouseadvice

Don't do it! I had doubts and pushed on thinking once I'd bought it I'd feel like I made the right choice. Wrong! I still had doubts, now the only difference is I own it and can't get rid of it easily. Get out now while it's still easy. Once you've exchanged it'll cost a lot of move again. Plus you'll have to wait until your fix is up.

There's always something better out there as I discovered keeping a beady eye on Rightmove.

teffers

Do not ignore your inner self when buying a house.

Trust me. I'm from the internet.

The lesson in bold cost me £15K, you can have it for free lol ... You're Welcome.

edinburgher

glasgowdan wrote: »

There are too many specifics for us to comment on your own situation, but I think the general feeling you describe is quite normal and due, in a large part, to nerves relating to the financial commitment.

How will the mortgage payment compare to your rent each month? Is the location good for you both?

Agreed, we've felt that way about both of the properties that we have purchased, but we never used to feel that way about rentals. It's a funny thing, but we were always happy to take the rough with the smooth when we didn't own the house :think:

MABLE

Sometime you do not realise how happy you were in your former house until you move into another one.

Crashy_Time

economic wrote: »

You'd be stupid to rent if you have the means to buy

Not if rates are rising and house prices/rents falling?