Kitchen renew or move

perbinder

AlexMac said:

Unless you really want to move for moving's sake surely cost is a factor?  I assume you've done the maths?  Again, assuming your house price is an average £400k+ for your SO53 area, that you'll probably not complete on a purchase before April 2021,  and that the chancellor won't extend the SDLT holiday, you'll be into around £20k stamp duty, so moving costs including fees, removals, new carpets, etc will be anything up to £30k...?

You get a lot of building work for that? 

But you make your own assumptions?

And if still undecided, toss a coin.  Old Kharmic Guru trick; as the coin falls, your heart, gut or head will lurch and tell you if fate has chosen wrong!

I don’t mind paying the appropriate costs when moving. I am not someone who would live in the same house for life. I usually move every 5-6 years. We probably will move in 2 years when my fixed rate ends 

perbinder

These are the plans with the loft done 

caprikid1

Sorry to just be clear, you have not done the loft conversion yet ?
Why go through all the pain of this ? Move and get what you want, you might end up almost doing it twice.

perbinder

caprikid1 said:

Sorry to just be clear, you have not done the loft conversion yet ?
Why go through all the pain of this ? Move and get what you want, you might end up almost doing it twice.

Loft is nearly done. 

Why do it? Firstly for space but also add a lot of value to the property and is a no brainier for me. 

perbinder

AlexMac said:

Unless you really want to move for moving's sake surely cost is a factor?  I assume you've done the maths?  Again, assuming your house price is an average £400k+ for your SO53 area, that you'll probably not complete on a purchase before April 2021,  and that the chancellor won't extend the SDLT holiday, you'll be into around £20k stamp duty, so moving costs including fees, removals, new carpets, etc will be anything up to £30k...?

You get a lot of building work for that? 

But you make your own assumptions?

And if still undecided, toss a coin.  Old Kharmic Guru trick; as the coin falls, your heart, gut or head will lurch and tell you if fate has chosen wrong!

On a 400k house stamp duty is only 5k and cost of moving would be approx 1k so costs would only be 6-10k. Certainly not 30k. 

perbinder

perbinder said:

AlexMac said:

Unless you really want to move for moving's sake surely cost is a factor?  I assume you've done the maths?  Again, assuming your house price is an average £400k+ for your SO53 area, that you'll probably not complete on a purchase before April 2021,  and that the chancellor won't extend the SDLT holiday, you'll be into around £20k stamp duty, so moving costs including fees, removals, new carpets, etc will be anything up to £30k...?

You get a lot of building work for that? 

But you make your own assumptions?

And if still undecided, toss a coin.  Old Kharmic Guru trick; as the coin falls, your heart, gut or head will lurch and tell you if fate has chosen wrong!

On a 400k house stamp duty is only 5k and cost of moving would be approx 1k so costs would only be 6-10k. Certainly not 30k. 

Sorry looked at the wrong calculator. Stamp duty would be 10k not 5k