📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

It's time to begin.....

Options
1130131133135136155

Comments

  • Kakiste
    Kakiste Posts: 1,022 Forumite
    1,000 Posts Third Anniversary Debt-free and Proud! Name Dropper
    Arrrgh! Massive spanner in the works- new neighbour has had cold feet about moving- hasn't moved any of her stuff at the weekend and then told work friend this morning that she wants to stay in the cottage. Work friend has offered me the house- so I'm going back to see it this afternoon after work (I did look round it for a few minutes the other week but that was more out of interest as it wasn't going to be my home then

    Plus side- it would mean getting the garden, offroad parking and then also significantly more room but it is massive compared with the cottage so it would be so much more in bills. 

    I know it was my original first choice but I'm going to have to reframe/reorganise everything now. 

    First job- see the house again. 
    second- recalculate bills. 

    Argh!
    Bottom line; 
    £49k paid off 
    Car HP paid off
    Debt Free!
    Saved Escape fund and moved out. 

    Current focus; saving Emergency fund
  • Humdinger1
    Humdinger1 Posts: 2,295 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    @Kakiste financially, can you still make it work? I know I'm on the outside looking in but I would say the imperative is to move.  You're so organised I think you'll find a way of making it happen.   How inconsiderate...your work friend must be mightily unimpressed? Love Humdinger xx 
  • joedenise
    joedenise Posts: 17,699 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I think in the long run the house will probably be better as you'll have the garden so somewhere for your daughter to play in the summer.  You'll be able to grow vegetables which may help you reduce your food shopping.

    I'm sure you can find some more positives too.  

    I really hope you can make it work.
  • badmemory
    badmemory Posts: 9,640 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    Off road parking is more secure too.  You will also be more able to spend better time on your own "territory" rather than having to go to a park etc.
  • Makingabobor2
    Makingabobor2 Posts: 4,219 Forumite
    1,000 Posts Second Anniversary Photogenic Name Dropper
    Everything happens for a reason. This could turn out to be a blessing in disguise. As others have said...garden - grow veg and your daughter can play; off road parking - a lot safer. Also if the house is bigger, you will have more room to spread out and maybe make a playroom for daughter, or a special space for you, like a craft room or hobby room or something. IF you can make it work with the money, I would take it. Your priority is to move at the end of the day. 
    Making the debt go down and savings go up

    LBM 2015 - debt £57K / Now £28,744....its going down

     Mortgage Free December 9th 2024! 
    18mths ahead of schedule.  Since 2022 we paid over £15K in OPs.

    Challenges

    EF #68  £550/£3000
    .

    Studies/surveys  August £7.48

    Decluttering items 771

    Books read    14
    Jigsaws done  8

    My debt free diary...https://forums.moneysavingexpert.com/discussion/6396218/we-will-get-this-debt-d£own-the-savings-up


  • enthusiasticsaver
    enthusiasticsaver Posts: 16,062 Ambassador
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Hope you can make the finances work but I understand the frustration. Your work friend must be annoyed too. 
    I’m a Forum Ambassador and I support the Forum Team on the Debt free Wannabe, Budgeting and Banking and Savings and Investment boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.

    The 365 Day 1p Challenge 2025 #1 £667.95/£301.35
    Save £12k in 2025 #1 £12000/£8000
  • stymied
    stymied Posts: 656 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Has it already been painted to new neighbour’s choice or can you still choose? At least the house is ready to go straight away. Hopefully once you’ve seen it again all will feel right.
  • CRANKY40
    CRANKY40 Posts: 5,911 Forumite
    Part of the Furniture 1,000 Posts Debt-free and Proud! Name Dropper
    I'm another that thinks that the house is a better option. Daughter's bed is already there for starters - maybe that's the universe trying to tell you something? Daughter can have a paddling pool in the summer if you have a garden. It sounds much better to me. I live in a 3 bed house just my 18 year old House Troll and I so I reckon that you will be able to make it work. Fingers crossed it all turns out ok for you. 
  • bellevie
    bellevie Posts: 895 Forumite
    Part of the Furniture 500 Posts Photogenic Name Dropper
    I hope this winds up being a blessing in disguise for you, the house does seem the better long term option if it's affordable. 
    Keeping my fingers crossed for you 
    MFW
    Starting debt :£287,410 -11/2020

    2022 Closing balance £271,402.45 

    2023 closing balance £263140


    Original end 11/2045 
    New end date :....... 

    Overpayments to date £574.4 (1/26)



  • WinterWarrior
    WinterWarrior Posts: 6,103 Forumite
    Ninth Anniversary 1,000 Posts Photogenic Name Dropper
    I did think the cottage sounded very small as you were having the tiny bedroom weren’t you? It’s a much better option to have a grown up bedroom and will mean you won’t be hankering after more space later. This is a brilliant long term option if the figures add up. Extra good luck x
    Not all who wander are lost - J.R.R.Tolkien
    🌊 A smooth sea never made a skilled sailor 🌊

    My WW and friends diary is here 😁 … 
    https://forums.moneysavingexpert.com/discussion/6259606/must-try-harder/p1

Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.2K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.