want to get out of parents

MFWannabe

tiger135 said:

hi all, i am currently nearly forty and have ended up back at my parents, which is killing me mentally!
i have a good amount in the bank but im not sure whether to buy now or wait as prices could come down.
do i have any other options when the rental market is crazy prices?
thanks , tiger

When you started this thread in Feb you stated you were nearly 40
a few pages back you stated you wanted to be out of parents by your deadline of your 42nd birthday this year 
so what is the actual truth here?🤔 
Im now even more sure this is just a hoax post 

tiger135

the past post should have said nearly 42 sadly. 
with buying i am fussy on areas, only a handful of small areas i like. 
i also prefer freehold. if leasehold must have a garden, own front door and no service charges.
every time in the past ive had bad experiences with estate agents (poor communications , not telling truth) and solicitors ( taking forever to do nothing). 
so i only want to buy when im sure its the right one.

JGB1955

tiger135 said:

the past post should have said nearly 42 sadly. 
with buying i am fussy on areas, only a handful of small areas i like. 
i also prefer freehold. if leasehold must have a garden, own front door and no service charges.
every time in the past ive had bad experiences with estate agents (poor communications , not telling truth) and solicitors ( taking forever to do nothing). 
so i only want to buy when im sure its the right one.

You don't really want to leave home, do you?  

MFWannabe

tiger135 said:

the past post should have said nearly 42 sadly. 
with buying i am fussy on areas, only a handful of small areas i like. 
i also prefer freehold. if leasehold must have a garden, own front door and no service charges.
every time in the past ive had bad experiences with estate agents (poor communications , not telling truth) and solicitors ( taking forever to do nothing). 
so i only want to buy when im sure its the right one.

Why 42 sadly? 

You’re definitely a glass half full person aren’t you?! 

42 and have a fantastic amount saved for a deposit; can still get a 20+ year mortgage IF you really wanted to buy (which I don’t think you do). I was 44 when I bought my first property which I am still in as this is what I could afford. I bought the best property I could within my budget in my preferred area and now I’m 5 years from paying it off. And no I wasn’t living with parents I was renting (paying someone else’s mortgage) 

Life is too short to keep thinking what ifs and being indecisive 
You say only want to buy when you know it’s the right one; but does that exist in your budget? 

Leasehold with no service charge? Does that exist? 

Saver73

There are plenty of available properties in the OP's area, some with no chain and several with gardens and parking.  Unless of course you have very narrow search terms or criteria.

In some parts of the UK you could buy a property outright and still have tens of thousands of pounds left based on the deposit \ sum saved mentioned in earlier posts.

Good luck OP whatever you decide to do!

YoungBlueEyes

Right. So you want to move out, but not live with anyone else. You don't want to buy or rent or go for a houseshare. And you want to keep all your money cos it's making so much interest? 

One word - campervan.

Straight-talking alert.
Honestly OP you've dithered for so long now that it's all too much, you've built it up too far in your head so that no option seems safe enough. No option is safe, you just have to pick the one you're most comfortable with and crack on with your life. You'll still be living with parents when you're 50 at this rate and ended up as their carer. Then what will you do? I bet you'll have an even bigger bunch of money in the bank but house prices might have gone through the roof and you'll be no nearer getting one.  Time to sh*t or get off the pot.

YoungBlueEyes

In case that was too blunt, here's a gentler and more constructive one.

If I were you I'd be talking to my parents (perhaps mum first so she can break it to dad, if that suits your family dynamic). Say it's time you moved out again and you're looking at places on rightmove and what does she think of this one? You're not asking, you're telling. Mention it's affordable and what she think of the area? Do you/they drive? She might have good info on which buses or trains are reliable and good for you getting to work. Or which ones are always late. She might surprise you and say something like "well if you move to that town you could easily work at this place, Dad was just saying that John's leaving so they'll be recruiting again." Or whatever. 

Is there a reason you think they'd be against you moving out again? What happened when you left before? 

MFWannabe

https://www.rightmove.co.uk/properties/133931474#/?channel=RES_BUY

https://www.rightmove.co.uk/properties/135158600#/?channel=RES_BUY

one property in preferred location (if previous posts were correct) and one just outside 

OP you’d seriously rather rent in your not preferred location than buy either of these for a lot less money?! 🤔🤷‍♀️

Sarah1Mitty2

CSI_Yorkshire said:

Sarah1Mitty2 said:

Martico said:

Yeah, forget the self-imposed birthday deadline and start viewing places if that's your ultimate desire. Otherwise you'll just confuse and delay matters even further. Just get on with it. Don't look for perfect - it doesn't exist. Look for somewhere you feel you can make a happy place to live

Yes, but do it after interest rates have done their work of bringing down prices, in the meantime go for the cheap flat share and tune out the buy buy buy nonsense you are going to hear form a lot of people with mortgages, good luck!

OP is already finding it difficult to put up with living with parents, so your suggestion is to go and live with strangers?  Agenda much?

Strange post, living with flatmates is obviously very different to living at parents, I`m going to guess that you think they will never be truly happy unless they sign up for a big long term debt is that it?

Sarah1Mitty2

MultiFuelBurner said:

tiger135 said:

i think my best option is rent by myself even if its not my desired area, which should help motivate me to  buy and get back to an area i prefer. whilst also giving me some space and peace and quiet. 
theres a few possibilities within 10 miles and within my price range.
hopefully i dont need to  go down the house share route.
for the rental i think id prefer furnished but i guess i can buy a few items if needed if it isnt. dont want to have too much stuff to move about /assemble/disassemble. 

And lock yourself into a 12 month tenancy, what happens if your dream property pops up after a month?

LOL, sorry had to chuckle at that one.