In the Meantime

doingitanyway

mark55man said:

we had that in our last house - the surveyor made a song and dance of it when we bought, and our buyers surveyors made a deal of it when we sold - but neither provided any sort of block and it was never a problem with insurance etc although I might not have thought to mention it.  so be a bit careful (esp if significant) but in my view its a molehill not a mountain

wrt savings - if you are saving unsustainably you will just make yourself miserable.  my success was more about cutting down on stuff not stamping it out.  The big picture is you are buying a house pretty much out of your own resources so although cash flow may be uncomfortable/worrying you are in a really good place

Thanks @mark55man. Really helpful. Would you mind PMing me so I can get your insights on this? Thank you 

jwil said:

How annoying about the huge delay to access your own money!  Well done on tackling that frog.

Hope the freehold issue is not a big deal. 

Skint_yet_Again said:

Sorry to hear about the flying freehold hope it is something not too serious and can be overcome. Surveyor sounds like they are on the ball. 

It’s an exhausting, stressful time, don’t cut yourself off financially from everything you enjoy or you will struggle. 

Thanks both 
Good point about needing to enjoy myself now. I am going to start having a small budget for enjoyment as this level of frugality isn't sustainable until I (hopefully) move-in

Seasidegal58

Wow DIA!  I'm away from the boards for a bit and now find you have a house!😀. Congratulations after all the ups and downs over the last months. I do hope that there's nothing holding you back in respect of the flying freehold but I'm sure it'll work out. I'm really looking forward to hearing your plans for your new home!👍

peb

Each lender is different, but yes it depends on percentages.  Id ask your solicitor to check it out before you instruct searches.   

If there is a scheme of enforceable covenants all is well, if not it is an insurable risk.

I've not had any client comment on issues with building insurance - there are lots round my area.

NB - plans won't tell you about restrictive covenants and if you are buying the house to just live in its unlikely that there's going to be any issues.

Leave it to your solicitor to do the investigations,  let them know your concerns but let them do their job 

savingholmes

Hope it all resolves for you DIA and you find the right balance on your spending

doingitanyway

Thanks for the good wishes @Seasidegal58 and @savinghomes

peb said:

Each lender is different, but yes it depends on percentages.  Id ask your solicitor to check it out before you instruct searches.   

If there is a scheme of enforceable covenants all is well, if not it is an insurable risk.

I've not had any client comment on issues with building insurance - there are lots round my area.

NB - plans won't tell you about restrictive covenants and if you are buying the house to just live in its unlikely that there's going to be any issues.

Leave it to your solicitor to do the investigations,  let them know your concerns but let them do their job 

Thank you @peb you raise good points! I think I was taken by surprise and shaken from my honeymoon period but you are right this is one for the solicitor and surveyor to investigate. 

doingitanyway

I felt stress yesterday thinking about the house and the curved ball of the freehold. Now I'm thinking, it isn't highly unusual in a row of properties of the age they are. There will be ways around it.  I am trying to relax until I know the actual situation. The house is rather gorgeous (in my eyes) and I still want to live in it. I'm booking a survey for 2 weeks time. 

Unpacking my feelings, my anxiety is easy to park on practical matters like money and freeholds. But now a home seems closer, I am faced with the reality of building a life in a new area. I will be engaging with friends and family from a distance (less than 2 hours door to door) That new life (whenever it comes) will be my next challenge and next diary for that matter!

I spent £10 yesterday on treat food for the house and some nice veg.

I am going to balance spending a bit more. Today I might have some tea somewhere.

Today I will be getting out of the house and using the library to plan out some creative work. Libraries have always been there for me. Free, friendly and a place to grow. Thank god for libraries 

jwil

Libraries are wonderful.  So many different things happen there.

Hope you have a good day.

MovingForwards

The FF wouldn't bother me as that's how a lot of properties were built. Glad to hear you're less stressed about it now.

These "journeys" are taking the m1ck and certainly make it an arduous event to get hold of what's yours.

Work out your fun budget and intermingle it with free days. If the weather isn't great, that's a perfect day for using fun budget, if it's a nice day a stroll with picnic is free (assuming you've food at home to make the picnic).

You'll get everything worked out.

Humdinger1

Late to the party @doingitanyway but congratulations! Think you're so right re FF; onwards and upwards love Humdinger xx 

Seasidegal58

I hope you enjoyed your tea. 😀
Libraries are precious. I'm afraid I don't really use mine like I should. Last time a went there a few weeks ago it was to pick up some free council pink recycling bin bags......🫣