Bought house and regretting it

andy444

How anybody bought a house and very quickly regretted purchasing it? I recently bought a new house and frankly I'm having real doubts about whether I want to continue here.

There is a lot more work to renovate here than I first realised. I knew there'll need to be some updating decor required but it's now crystallised to me that I will have to spend thousands of pounds to get this place to how I want it.

I was in a fortunate position where I had two bids accepted on the same day on two separate houses and I opted for this house and frankly I wish I had gone for the other. It was a newer build that had been done up to a fair standard.

It is so cold in this house and I'm not particularly looking forward to rarely being warm here this winter. I'm thinking maybe I could rent this place out and ask my former housemate if I could move back in with him and rent whilst I consider my next option. Just feeling a bit glum at the moment.

Snookie12cat

andy444 said:

How anybody bought a house and very quickly regretted purchasing it? I recently bought a new house and frankly I'm having real doubts about whether I want to continue here.

There is a lot more work to renovate here than I first realised. I knew there'll need to be some updating decor but it's now crystallised to me that I will have to spend thousands of pounds to get this place to how I want it.

I was in a fortunate position where I had two bids accepted on the same day on two separate houses and I opted for this house and frankly I wish I had gone for the other. It was a newer build that had been done up to a fair standard.

It is so cold in this house and I'm not particularly looking forward to rarely being warm here this winter. I'm thinking maybe I could rent this place out and ask my former housemate if I could move back in with him and rent whilst I consider my next option. Just feeling a bit glum at the moment.

Why don't you move out while you get the main bulk of the work done, like heating etc? 
Can you get trades in to help get it how you want?

Crashy_Time

Sell it?  

L9XSS

See it as a labour of love......sometimes it can seem that there is too much to do. Why don’t you plan a realistic timescale of when the work can be achieved? Try not to be too overwhelmed. Think of the satisfaction you will have with every improvement or renovation that you achieve. Take the positives about your purchase.

Ramouth

I have get this way about every house I have bought and rented.  I have come to realise that there is an adjustment period while you get used to how a place really is rather than how you imagined it to be.  Don’t worry about the renovations for now - take some time to learn how you want things to be and to recover from the stress of buying.

Crank up the heating for a few days (not very MSE but houses that have been empty for even a short while can be a touch damp which makes them feel colder), add some artwork and soft furnishings and you will have it feeling more like home in no time.

The other thing I have found helps is to have friends round - you may be missing your old housemate rather than the house.  Really hope you settle in soon.

Thrugelmir

A home is whatever you make it. 

elsien

In answer to your question, there's been a few threads on here over the years.
Some of whom had that heartsinking "what have I done feeling" which has passed as they get settled in and the place starts to feel like a home, and others who've given it 6 months and still aren't happy. They never come back to update with a final outcome though.

So yes, it can be normal to have the glums for a while after moving in.  
When you say you've recently bought, how long have you been in there for and what is the issue with the cold - poor heating, poor insulation? If you were warm would you feel any better about the place? Is it just the house, or the area as well? 
You don't need to do everything in one go - do you have a plan about what to prioritise and in what order? Sometimes making a start can help to make you feel more positive, as if you are doing something to change it rather than just brooding about the bigger picture. 
With regards to renting the place out, if you are serious about it, you need to read all the information on being a landlord here on this forum, pitfalls and all, and also consider whether you would be able to remortgage to a BTL.

deannagone

Has the loft got any insulation or enough insulation?  It won't cost a fortune to put some in (I did one house myself quite easily) and should give an immediate effect.  Thick velvet type curtains tend to be insulating as well.  I bought some fabric online and sewed it myself to cut costs reduces the effect of drafts quite effectively.

Slithery

andy444 said:

How anybody bought a house and very quickly regretted purchasing it? I recently bought a new house and frankly I'm having real doubts about whether I want to continue here.

Yes, it's very common.
You should live in the property for at least 6 months before making any rash decisions.

TheJP

Yes its pretty common, most house need a couple of thousand £ to update the decor etc. I often find as i finished decorating and adding nice furniture to each room by room i start to really enjoy the house. Remember every house will have something that needs work or that annoys you. 

Also check with your lender as you may not be able to rent out your house on the mortgage product you currently have.

nimbo

I haven’t even moved in to my new house and I’m feeling anxious and worried. (Level three On the survey was the roof needing something doing to it - and I’m so nervous after Arwen I won’t even do a drive by). 🤣🤣

I normally get the blues after moving for a bit. I’m stressed at work. It’s miserable and cold. I bodged up the other day and instead of putting £50 on the gas at my current house I put on electricity that I now won’t use so am fuming. (And doing all my washing like sofa cushions). That was my new bed pillows. 🤬

You will hopefully come out the other side. Get some fluffy slippers. Get some curtains up. Figure out if a roll of insulation will help. (Your survey may have mentioned things and the epc thingy does I think).  I will need to rip the house up to rewire and then will need a plasterer to do every wall in the house as none of them are plastered currently. (They have weird bumpy concrete on them). 

I accept this. I won’t do it all at once. It will be a long hard slog but it’s something to occupy me while i can’t go on a holiday abroad. For the next decade. 

I’m determined to have a Christmas tree this year. This is my little bit of cheerfulness. 

I hope something perks you up. The other house may well have had other issues. New builds have paper thin walls. 

What made you want this one???? Maybe focus on the good bits?