Bought house and regretting it

Crashy_Time

Slinky said:

lookstraightahead said:

RelievedSheff said:

lookstraightahead said:

Slinky said:

Crashy_Time said:

RelievedSheff said:

Crashy_Time said:

Scotbot said:

I still don't  like my house 4 yrs after purchasing it. It is a head house, I needed somewhere to live after moving back from overseas. If I had rented it would have cost me around 75K whilst the house has gone up in value by about 60k. A no brainer financially. 

Of course to realise that "value" you would have to sell it, why would anyone pay you over the odds for a house that you don`t even like!

Who says the price is "over the odds?"

It is boosted by the SDH and zero rates, hard to sensibly argue against that IMO.

This was in the doorway of a local estate agent a couple of days ago.

I wouldn't even step foot in there to buy - what appalling marketing. Cheesy and transparent. 

Would be a waste of time if you did step foot in there. They have nothing to sell  

They may as well close then - if they've got absolutely nothing to sell, no buyer will go in. So why would you choose to sell with them? But I get you're point. Waste of time 

Why would you choose to sell with them? Because they've managed to sell everything else they've had! 

And most buyers are looking online these days, not walking through estate agents doors.

They will have a website as well.

TheJP

NameUnavailable said:

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 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.

Thank you for starting this thread! I just completed on my purchase and had the same glum feelings.

I'm not ready to move in just yet, the new place is 50 miles from where I am now and I'd decided to move in around new year, but thought I'd try and do some work to the place while it was empty. I 'camped' there for 4 days and found a number of issues I'd not spotted when viewing.

It's in an area I really like, and to afford something there I made a number of major compromises on the property I wanted. This is about as opposite to what I wanted as you can get so again that is making me wonder !!!!!! have I just done!

Although I had expected to spend a bit of money on getting some electrics done and maybe a bit of decor, I'm now spending 4X that having the place fully redecorated (apart from kitchen and bathroom). I figured I'd swallow the cost for the convenience and hopefully I'll feel much more positive when I move in. I had plans to tackle the dated kitchen/bathroom later in any case.

A house purchase/move is such a huge event in our lives I think it's quite normal to have some doubts but ultimately if it turns out to have been a wrong move then it can be fixed in time by moving again, costly though that is.

It sounds like you can add value to the property, as I'm doing, so if nothing else see it as a chance to do that and sell for more, if it comes to it.

Hopefully we'll both settle in, especially as Spring comes, and will wonder why we ever had doubts at all!

Hmmm. View a house, survey a house, buy the house, make basic redecorations on house, expect house to rise in value   

Crashy_Time

LOL, not if interest rates rise first.

Crashy_Time

Any updates OP, what are you planning to do?