Life changing decision.

julicorn

andys15 wrote: »

Mid life crisis?

To be perfectly honest, without trying to sound judgemental: Yes, that's exactly what it sounds like.

The motivation behind moving sounds perfectly reasonable, but does it need to be the 1mil place? Which is too big, AND has a pool? It sounds to me like you got sucked into a Rightmove hole (we've all been there), looked at expensive places (we've all been there), and then done the maths in your head and realised you could theoretically afford something like that.

I'd say maybe try and take a step back, try and work out what you want your life to be like moving forward, and where you'd want to live in that context. And if the million pound house is the answer, then of course go for it! But at the moment it really sounds like being not 100% happy with your current place + having a high income + maybe a tiiiiny bit of midlife crises thrown in is making you think buying a really expensive house is the solution.

(again, I'm hoping this doesn't come across too negatively - you've found yourself in a great position financially and can obviously go for it, I'm just sharing the impression I got while reading your post)

andys15

Many thanks for your replies. It’s certainly food for thought. I have been in my house for 15 years now. The first 2 or 3 years we were tenants and when the owners wanted to sell, if I am honest, we were just too lazy to move. We knew we had to correct little things(a window ledge was damaged by us in the downstairs toilet, a carpet needed replacing because of the cat). Our laziness made us buy it.
Prior to this We had also moved about 4 times when the kids were very young and I just think we had all had enough of moving.
Fast forward 15 years and although we have extended and knocked down walls etc, it was probably not our plan to stay here this long. Suppose you get on with living and 15 years creeps up on you.
In a weird way not buying the big house will be more expensive. If I don’t buy I will retire 8 years early which will mean giving up our combined wage of 250k ish a year. So that would be 2 million before tax about 1.1 million after tax. I enjoy my job but I don’t enjoy the fact that I am going to work in a bit, working tomorrow and Monday too.

andys15

Oh and the window ledge still hasn’t been replaced.

SuperMoose

A suggestion. A bit silly perhaps but I've found it useful

Get a coin. Heads means you stay where you are. Tails means you buy the house. Imagine you have to do what the coin says.

Toss the coin.

Heads or tails?

How do you feel about what the coin is now "telling you to do"? or or :eek: Something else?

No - you can't have best of 3

andys15

It was genuinely heads.

SuperMoose

andys15 wrote: »

It was genuinely heads.

What was your first thought/feeling when you saw heads because that will tell you a lot about what you really want to do.

No need to answer here (unless you want too. We MSEer's are quite nosy :cool:)

andys15

Gutted yet relieved.

PasturesNew

You probably want to move.... but the house you described would be a lot of ongoing work/maintenance and fixing of niggles and upgrading.... to get it "just how you want it".

Maybe move, for the reasons you want to move - but not to THAT house.

P.S. Most estate agent photos make every house look lovely; they're not when you get there and see it "in the flesh".

SuperMoose

andys15 wrote: »

Gutted yet relieved.

I guess it's time to replace the window ledge then

beanielou

andys15 wrote: »

Gutted yet relieved.

There’s your answer then!