SLLM (Single Lady Large Mortgage)

JennyJukes

Sistergold said:

JennyJukes said:

Sistergold said:

JennyJukes said:

Hoping this will be soon for me!  

Wish me luck on my next offers? 

Hello @JennyJukes, wonderful of you to join us!  Buying can be so frustrating and it seems more so now with the stamp duty rush. I am confident though that as some of your offers get rejected you will be gathering momentum and when the right house comes everything will fall into place! Just keep at it as renting is surely a nightmare! With renting you will always have to move for one reason or the other! 

Wishing you a massive good luck! Xx

Well Sistergold I got an offer accepted yesterday offered over home report but it comes with the flooring, goods and curtains which helps (I don't have any - my private let came with white goods).  

Took me 2 months to get an offer accepted which was difficult to get right but everyone told me that was the easy part!  I have a tension headache from the offering, to the panic of realizing I'm in probation... such a stressful time, even though I've been (trying to) preparing for it for a few years now.  Hope it's all worth it!

🤩 wow wow 👯👯‍♂️🎉🥳👏🏾
Congratulations  @JennyJukes for the acceptance of your offer! Wow things have turned around so quickly! But yes that’s the thing after some offer rejections you do get the hang of it and you go for it like a wild lion! Talk about a woman on a mission! After I had offers rejected when I viewed the house I am in now I was so determined and I managed to discuss with the lady and she accepted my offer and we shook hands on it by the end of my viewing! It shear luck that the seller did the viewing herself. 

I passed through the estate agents and told them that my offer had been accepted and I must say they were not happy with that! Estate agents do want to know our heads about! My sellers estate agents were really bad because throughout my buying process they continued to try and convince the lady to ditch me telling her that I will never complete on such a purchase as a single woman??!! What they did not know was that as she was widowed she was now determined to give me a fair chance to show them that just because I was a woman does not mean I will fail to complete! Thank God I managed to complete otherwise I would have been a disappointment for her! 

I am sure your work contract will be sorted out without any problems! If there were any problems with your role you would have known by now! 

But a big Well done to you! Now the process begins and we will be celebrating your house move soon! 

Please tell us about the viewing and the offering process! Please tell us about the house and what you love about it! We love it here when a Lady gets a house! 

🥰

When I viewed the house I knew it was the one, the flooring was beautiful, the storage space was great and I just felt that it looked perfect.  It is a shared garden but I had to compromise on something!  I really wanted: 2bedrooms, a bathroom which is what I've got, even better it's a house rather than a flat and had been renovated quite recently, very little repairs needing done which was a bonus and a new heating system.  I do have my own front garden so I can do that up and sit in there to read a book privately.  I live in a small 1 bed flat with a shared garden but my mortgage will be less for a 2 bedroom house.

Told my hairdresser today and turns out she lives on that same street! I'm not familiar with this town but she said it's very quiet and very popular due to being near one of the best schools which is good to know.  I was a bit worried because I saw lots of houses going up for sale there and wondered why?  Is there antisocial issues?  She said she believes its from older people passing on, families getting bigger and needing more rooms etc.

I made an offer above home report straight away and was prepared to put in a few more extra thousands.  The seller agreed to meet halfway between what he wanted and home report which was still less than the maximum I was willing to go.  I accepted.  The other ones I did went to closing date.  Much prefer this route of negotiating until you both get what you want.

I have my appointment with my mortgage adviser (First Mortgage) next Wednesday.  I let my manager know I would likely need confirmation my probation passed before then for my mortgage.  We were both under the impression I didn't need probation period as I did one at a previous role but will get confirmation from HR.  I should get it in the nick of time.  I will relax a bit once I get that and then the stress of waiting for the mortgage begins.  How long does that usually take?

The home is empty to move into as soon as possible.  Once I get the mortgage and paperwork approved I'll move straight in.  White goods are already there so I just need to move my sofa, bed, some drawers, a TV then all my clothing and personal items.  So not a lot.  It'll be great to be able to buy as much as I want when I want, I'm a bit minimalistic right now as with private lets you never know when you'll have to leave so don't want to have too much items.

Sistergold

MissMoneyManager said:

Hi all,

Sistergold I have been reading your diary from the beginning but have only just created a profile so I now have the ability to post! This thread feels a positive place for single ladies to be and perhaps not feel so alone so thank you for that.

Here is my story...

I bought my first house by myself at 24 back in 2016. I had broken up with ex (fortunately we were not married) and we lived in a rented house. I stayed in the house taking on the full rent payment by myself because I really had nowhere else to go.  I had always wanted to own a home, EX's bad financial history was why we had not bought.  I have written more in my new diary but a week after the break up I looked at houses and a week after I had an offer accepted.  It was VERY difficult to get a mortgage as a single lady FTB but I used a mortgage broker, put in every penny I had, took out the largest mortgage I could get and to bridge the gap I was very fortunate in being able to take an interest free loan from family. I understand this is not available to everyone but for others perhaps they have the opportunity at the age I was to move back with parents to enable to save more first. I also needed to have a house with a garden which meant cheaper flats were not an option as I had two dogs which I would never consider rehoming. These were difficult times of juggling a full time and part time job and studying for my degree but I knew that I would do whatever it took to feel secure!

It is not easy managing the financial burden of home ownsership alone and even the emotional aspect.  My neighbours were very unkind when I moved in something I brushed off at first but ended up reducing me to tears.  I think they judged me because I was young and felt they could control me because I was female and alone, thankfully things did improve I guess because they realised I was not infact a bad neighbour but I cannot forgive them for what was essentially bullying.

Last year I moved in with my OH into the home he owns himself BUT I will never forget how hard it was to regain my independance and therefore plan never to sell my first home and will always stay in control of my own finances! My house is currently rented out to a young single mother, she is an excellent tenant! I will not increase her rent when the estate agents suggest I do, perhaps it is something small I can do to support another single lady. 

Wishing all the single ladies here luck with their journeys and I have full belief we can achieve whatever we want/need if we put our minds to it!

Hello @MissMoneyManager and welcome. I must say it was exiting reading your journey! It’s amazing how a breakup which is one of the most painful experiences makes us do better than we ever thought we could? A relationship which is supposed to make us achieve more you realise was in-fact holding you back? Pairing up with the wrong person can really drag you down! Many young people could learn from what you did and the decisions you have made!

It’s a good that you are keeping your first home even though you have met someone else, being homeless is the worst thing to get over after a breakup and we need to all have independent assets! I would now never own joint asset without my own independent assets! 

You are a lady with a vision and keep it up! Wishing you luck in your current relationship! Xx

Sistergold

JennyJukes said:

Sistergold said:

JennyJukes said:

Sistergold said:

JennyJukes said:

Hoping this will be soon for me!  

Wish me luck on my next offers? 

Hello @JennyJukes, wonderful of you to join us!  Buying can be so frustrating and it seems more so now with the stamp duty rush. I am confident though that as some of your offers get rejected you will be gathering momentum and when the right house comes everything will fall into place! Just keep at it as renting is surely a nightmare! With renting you will always have to move for one reason or the other! 

Wishing you a massive good luck! Xx

Well Sistergold I got an offer accepted yesterday offered over home report but it comes with the flooring, goods and curtains which helps (I don't have any - my private let came with white goods).  

Took me 2 months to get an offer accepted which was difficult to get right but everyone told me that was the easy part!  I have a tension headache from the offering, to the panic of realizing I'm in probation... such a stressful time, even though I've been (trying to) preparing for it for a few years now.  Hope it's all worth it!

🤩 wow wow 👯👯‍♂️🎉🥳👏🏾
Congratulations  @JennyJukes for the acceptance of your offer! Wow things have turned around so quickly! But yes that’s the thing after some offer rejections you do get the hang of it and you go for it like a wild lion! Talk about a woman on a mission! After I had offers rejected when I viewed the house I am in now I was so determined and I managed to discuss with the lady and she accepted my offer and we shook hands on it by the end of my viewing! It shear luck that the seller did the viewing herself. 

I passed through the estate agents and told them that my offer had been accepted and I must say they were not happy with that! Estate agents do want to know our heads about! My sellers estate agents were really bad because throughout my buying process they continued to try and convince the lady to ditch me telling her that I will never complete on such a purchase as a single woman??!! What they did not know was that as she was widowed she was now determined to give me a fair chance to show them that just because I was a woman does not mean I will fail to complete! Thank God I managed to complete otherwise I would have been a disappointment for her! 

I am sure your work contract will be sorted out without any problems! If there were any problems with your role you would have known by now! 

But a big Well done to you! Now the process begins and we will be celebrating your house move soon! 

Please tell us about the viewing and the offering process! Please tell us about the house and what you love about it! We love it here when a Lady gets a house! 

🥰

When I viewed the house I knew it was the one, the flooring was beautiful, the storage space was great and I just felt that it looked perfect.  It is a shared garden but I had to compromise on something!  I really wanted: 2bedrooms, a bathroom which is what I've got, even better it's a house rather than a flat and had been renovated quite recently, very little repairs needing done which was a bonus and a new heating system.  I do have my own front garden so I can do that up and sit in there to read a book privately.  I live in a small 1 bed flat with a shared garden but my mortgage will be less for a 2 bedroom house.

Told my hairdresser today and turns out she lives on that same street! I'm not familiar with this town but she said it's very quiet and very popular due to being near one of the best schools which is good to know.  I was a bit worried because I saw lots of houses going up for sale there and wondered why?  Is there antisocial issues?  She said she believes its from older people passing on, families getting bigger and needing more rooms etc.

I made an offer above home report straight away and was prepared to put in a few more extra thousands.  The seller agreed to meet halfway between what he wanted and home report which was still less than the maximum I was willing to go.  I accepted.  The other ones I did went to closing date.  Much prefer this route of negotiating until you both get what you want.

I have my appointment with my mortgage adviser (First Mortgage) next Wednesday.  I let my manager know I would likely need confirmation my probation passed before then for my mortgage.  We were both under the impression I didn't need probation period as I did one at a previous role but will get confirmation from HR.  I should get it in the nick of time.  I will relax a bit once I get that and then the stress of waiting for the mortgage begins.  How long does that usually take?

The home is empty to move into as soon as possible.  Once I get the mortgage and paperwork approved I'll move straight in.  White goods are already there so I just need to move my sofa, bed, some drawers, a TV then all my clothing and personal items.  So not a lot.  It'll be great to be able to buy as much as I want when I want, I'm a bit minimalistic right now as with private lets you never know when you'll have to leave so don't want to have too much items.

The house really does sound ideal and I can see you having many good and happy years there! Your negotiation was a better approach and looks like both you and seller got what you hoped for! Mortgage offer should not take too long but I am not sure what the process is like in Scotland? In London searches are what is likely to slow things down at the moment. 

Good that you have kept possessions to a minimum! I am going through a reduction journey but I doubt I can ever graduate to be called a minimalist?! I am a minimalist in the making I hope! 

It must have felt just right place for you being able to get local information from the hairdresser? At least she reassured you about the Neighborhood! 

Fingers crossed it will be quick to complete as place is vacant! Xxx

slm6002

Sistergold said:

It’s a good that you are keeping your first home even though you have met someone else, being homeless is the worst thing to get over after a breakup and we need to all have independent assets! I would now never own joint asset without my own independent assets! 

I am definitely not going to share my home again.  At the moment I cant even imagine ever having another relationship, but if I do I will be very firmly keeping my assets separate from theirs

JennyJukes

I'm with you @slm6002 it was a breakup that pushed me to do this.  I was sick of giving up my life so my boyfriends could pursue their dreams.   My first breakup I became homeless and left with only the bag on my back and a bunch of debt, whilst I watched the ex partner buy his own house with all the money he saved taking advantage of me.  I gave up my life and career for him to pursue his.  I then got into a new relationship where I put my life on hold so he could pursue his career just for him to discard me like nothing.  Enough is enough.  Even if I meet a new man (which is absolutely not a priority for me) I will keep the house I have as an insurance and rent it out if we move in together.  

slm6002

Exactly Jenny Jukes we need to look after ourselves from now on.  We will succeed without them

Sistergold

slm6002 said:

Exactly Jenny Jukes we need to look after ourselves from now on.  We will succeed without them

Yes we will succeed! There is nothing a woman can not do! 🦾

Sistergold

JennyJukes said:

I'm with you @slm6002 it was a breakup that pushed me to do this.  I was sick of giving up my life so my boyfriends could pursue their dreams.   My first breakup I became homeless and left with only the bag on my back and a bunch of debt, whilst I watched the ex partner buy his own house with all the money he saved taking advantage of me.  I gave up my life and career for him to pursue his.  I then got into a new relationship where I put my life on hold so he could pursue his career just for him to discard me like nothing.  Enough is enough.  Even if I meet a new man (which is absolutely not a priority for me) I will keep the house I have as an insurance and rent it out if we move in together.  

Yes there comes a time when you have to draw a line that this far can I go! Thank God you made this decision when there was still time to start again! I also just made the decision in the nick of time! 

Not having your own house is a NO NO now! I will also not date a man who has no assets of his own! I don’t want someone who needs to benefit financially from me in anyway especially to do with housing! 

JennyJukes

I really hope everything goes well and I get my mortgage so I can move out ASAP.  
I have a neighbour who makes me feel uncomfortable.  I put my bins out yesterday and he was there waiting to let me back in.  I said thanks and continued to my door but he stopped me for small talk.  Commented on my hair (it's long).  He is old enough to be my father.  He will see me come home in my car and be there waiting to sort of ambush me in the communal hallway.
This independent single woman thing is great but I sometimes wish I had a man so other men would leave me alone.  I feel very uncomfortable.  At least once I own my own house I can have a guard dog lol.  Luckily my current private let has a burglar alarm.
I should be applying for my mortgage through the broker on Wednesday.  I think my lender will just have to write to my employer if I can't get confirmation my probation is passed.  Here's hoping.  Our organisation has policies that if someone is at risk of redundancy or can't do their job, they should be offered something else.  But over COVID, we had so many redundancies I'm not sure how much those policies holdup.. 

slm6002

I am in a similar position and although neighbour means well and is very kind i do feel creeped out sometimes, and feel i have to try to avoid him.  He was the same when XH lived here.
Fingers crossed for the mortgage coming though very quickly and then you can feel comfortable being outside your own house