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julicorn's journey 2 - Moving Up

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  • julicorn
    julicorn Posts: 2,591 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    As expected, no news on the offer yet, but our sale is moving along more than I thought. We had the mortgage surveyor come round last Tuesday, and just got a call to book a homebuyers survey for Friday this week as well. We haven't even found anywhere to move yet, but our buyer seems pretty keen at least, haha!
  • savingholmes
    savingholmes Posts: 28,971 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    julicorn said:
    Just caught up on your diary. Another crafter here. I am so glad I am in a different price area for housing!! It would be lovely to be near a beach though. 

    Hope you get somewhere you are happy with without breaking the bank. I am very pro space - including outdoor space. The amount of light you get in each room is critical too. I am noise sensitive so the party wall issue and sound would need consideration - but it sounds like you are okay with noise...
    Hi there fellow crafter :) And thank you for the well wishes. 

    Don't take this the wrong way, but I'm not sure if the bottom paragraph is meant to be helpful? We won't be in a position to get a detached house around here, the house we're trying to buy now is significantly under our budget, has a comparatively huge entertaining space,  and was super light even on what was a really gloomy day yesterday. And no, I don't want noise either (the reason we ruled out the maisonette yesterday was noise and lack of light), but this house is on a super quiet road, all double glazed just about as quiet as we'll be able to get. 

    It's just not that easy competing with 12+ people on every property we're interested in, we don't need to at the same time keep thinking about how we can't get a good location, big garden and big living space all at once. So apologies if I'm reading more into it than I should. x
    Sorry I didn't mean to be offensive. I'm literally noise sensitive - as in a disability - but it came across badly I'm sorry.

    I was also trying to say that the amount of light that comes in transforms any space. I use a lot of mirrors in my house to increase that too.

    Good luck with your offer.
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £174.8K Equity 32.77%
    2) £2.6K Net savings after CCs 6/7/25
    3) Mortgage neutral by 06/30 (AVC £24.3K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 30.1/£127.5K target 23.6% 29/7/25
    4) FI Age 60 income target £16.5/30K 55.1%
    5) SIPP £4.8K updated 29/7/25
  • julicorn
    julicorn Posts: 2,591 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    julicorn said:
    Just caught up on your diary. Another crafter here. I am so glad I am in a different price area for housing!! It would be lovely to be near a beach though. 

    Hope you get somewhere you are happy with without breaking the bank. I am very pro space - including outdoor space. The amount of light you get in each room is critical too. I am noise sensitive so the party wall issue and sound would need consideration - but it sounds like you are okay with noise...
    Hi there fellow crafter :) And thank you for the well wishes. 

    Don't take this the wrong way, but I'm not sure if the bottom paragraph is meant to be helpful? We won't be in a position to get a detached house around here, the house we're trying to buy now is significantly under our budget, has a comparatively huge entertaining space,  and was super light even on what was a really gloomy day yesterday. And no, I don't want noise either (the reason we ruled out the maisonette yesterday was noise and lack of light), but this house is on a super quiet road, all double glazed just about as quiet as we'll be able to get. 

    It's just not that easy competing with 12+ people on every property we're interested in, we don't need to at the same time keep thinking about how we can't get a good location, big garden and big living space all at once. So apologies if I'm reading more into it than I should. x
    Sorry I didn't mean to be offensive. I'm literally noise sensitive - as in a disability - but it came across badly I'm sorry.

    I was also trying to say that the amount of light that comes in transforms any space. I use a lot of mirrors in my house to increase that too.

    Good luck with your offer.
    I'm sorry too, I think I was just feeling extra sensitive. 
    And completely, having a nice light and airy home makes such a big difference! We viewed a house the other day were most windows were facing north, I never fully realised how much of a difference that makes. Mirrors are a great idea.
  • Sistergold
    Sistergold Posts: 2,135 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    Good morning @julicon, was just thinking of you this morning hopping you get a place soon. Very stressful waiting. 
    What do you plan to do of your sale is ready to Exchnage and you have not found a place yet? Are they happy to wait? 
    I am really hoping you get your offer accepted so that we can all relax especially you ofcause. I am feeling your pressure! Wishing you and Mr J lots of luck! Xx
    Initial mortgage bal £487.5k, current £258k, target £243,750(halfway!)
    Mortgage start date first week of July 2019,
    Mortgage term 23yrs(end of June 2042🙇🏽♀️), 
    Target is to pay it off in 10years(by 2030🥳). 
    MFW#10 (2022/23 mfw#34)(2021 mfw#47)(2020 mfw#136)
    £12K in 2021 #54 (in 2020 #148)
    MFiT-T6#27
    To save £100K in 48months start 01/07/2020 Achieved 30/05/2023 👯♀️
    Am a single mom of 4. 
    Do not wait to buy a property, Buy a property and wait. 🤓
  • julicorn
    julicorn Posts: 2,591 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    edited 23 February 2022 at 9:51AM
    Good morning @julicon, was just thinking of you this morning hopping you get a place soon. Very stressful waiting. 
    What do you plan to do of your sale is ready to Exchnage and you have not found a place yet? Are they happy to wait? 
    I am really hoping you get your offer accepted so that we can all relax especially you ofcause. I am feeling your pressure! Wishing you and Mr J lots of luck! Xx
    Thanks so much Sistergold! I'll give an update as soon as I hear back from the estate agent :) 

    W.r.t the sale, we've always said it's tied in with our onward purchase, and our buyer is ready to wait. I was surprised he commissioned a survey already to be honest, would have thought he'd wait until the chain is complete but no complaints here. 
    To be perfectly honest though, if we get a bunch more 'they went with someone who's chain free' over the next few weeks, we'll definitely consider breaking the chain and moving into rented to be in a better position. I've not said that to anyone yet because I don't want to get our buyer's hopes up, but if the market stays the way it is right now it may just be the right thing for us to do. 
  • Nichelette
    Nichelette Posts: 2,125 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Fingers crossed for some good news today. It's a really nice house. Don't blame you for considering renting, market seems so tough at the moment and isn't doing anyone any favours really. I'm hoping it will calm a bit by the time we can move. I have considered we could could stay with my dad for a bit if it really came to it but honestly it would be hellish lol. 
    Finally bought a home
    Starting mortgage £289,500 31.01.19 - Current outstanding £192,586.98/CENTER]
    Overpayments since 27.03.19: £52,407.47
  • julicorn
    julicorn Posts: 2,591 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    Thank you @Nichelette! We'd rather tie it in with our sale, but in some ways renting has some other advantages as well - our moves would be a bit more relaxed because of the overlap. I'm just trying to find all the positives in all possible outcomes atm, haha! Staying with family wouldn't be an option because none of our parents are in England, but at the same time, I bet it would also be a bit stressful tbh :joy:

  • julicorn
    julicorn Posts: 2,591 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    The estate agent called, they've had 7 offers and our offer of £575k is "somewhere in the middle" :joy:
    It's best and final offers by 9am tomorrow morning. We'll have a think about how much to go for.  
  • South_coast
    South_coast Posts: 5,877 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper Photogenic
    At least you've got that flexibility to go higher this time and it's just how far you're prepared to go, which I would imagine feels a lot more like you're in control x
    Mortgage start: £65,495 (March 2016)
    Cleared 🧚‍♀️🧚‍♀️🧚‍♀️!!! In 5 years, 1 month and 29 days
    Total amount repaid: £72,307.03. £1.10 repaid for every £1.00 borrowed

    Finally earning interest instead of paying it!!!
  • Nichelette
    Nichelette Posts: 2,125 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    South is right about your situation, much better this time having a bit of leeway. Hopefully it doesn't come to it, but the flat we lived in was HA (DH was very lucky to get it when he was a singleton on a low wage) so we had a 2 week overlap when we moved. It was really handy because it did take away a lot of the stress and we decorated before we moved all the furniture in. It was only little but we both loved that flat  <3
    Finally bought a home
    Starting mortgage £289,500 31.01.19 - Current outstanding £192,586.98/CENTER]
    Overpayments since 27.03.19: £52,407.47
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