Buying my old house back after 3 years

koalakoala

https://forums.moneysavingexpert.com/discussion/comment/82009546#Comment_82009546

Lucky you, just go for it then

Chief_of_Staffy

https://forums.moneysavingexpert.com/discussion/comment/82010338#Comment_82010338

You can't just make an offer and sit there for three months. You'd have to have the funds in place, commission and pay a solicitor and undertake a process at considerable expense. I suppose the OP could pay the friend, but then they both risk being prosecuted under the Fraud Act 2006 and then being sued by the seller.

Herzlos

https://forums.moneysavingexpert.com/discussion/comment/82009251#Comment_82009251

Then there's the extra risk that since someone else has been living in the house for 3 years and 'let it go', that the old house will feel wrong or violated slightly.
On one hand if it's not been redecorated or changed much it might be a quick job to restore, but it could be completely different.

I loved our old house, but the buyer pretty much gutted and re-did the inside and gardens. It's very much not the house I lived in for 15 years and being back in it would be very weird.

monkey-fingers

https://forums.moneysavingexpert.com/discussion/comment/82009543#Comment_82009543

You've answered your own question then.
You don't really want it.

mlz1413

So you down sized to retire early. But now have an inheritance that means you can buy the house back, and presumably still be retired.

We all tend to have a regret over something when buying and selling. But in reality you aren't buying your house back, you are going to be buying your old house back that has 3 years of someone else's memories, use and as you say, lack of care.

So as well as buying the house you will need the time and money to make it yours again. So you need to be sure it is definitely that house that made you happy.

Is there someone you can discuss this with who won't be bias? Apart from us anonymous peeps.

Can you look at other houses for similar prices in the same area and in different areas to compare the feeling you get?

Ultimately if it is only your old house that has the key to your happiness then it is worth the amount of money you feel comfortable paying.

If that sum is less than the owner wants, I would put my bid in and say it is on the table at that value and no more.

RelievedSheff

Maybe it's just me but I wouldn't want to buy either of my old houses back. They just wouldn't be the same again.

Slinky

Our old neighbours had previously lived two doors down on the other side of us. They moved back to their original home area, decided shortly afterwards that it was a mistake, and moved back into the first house that came up for sale in the same street. Identical layout but a smaller garden. I don't think they regretted moving back, they never moved again.

Does it have to be that house, or are there others the same or similar in the same street that would be suitable if they came up for sale?