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STAMP DUTY - IS IT WORTH THE MOVE?

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Comments

  • Herzlos
    Herzlos Posts: 16,639
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Forumite

    It sounds like you're going to need the annex at some point and want the bigger house. I'm not sure what the fixation on the stamp duty is compared to the cost of renovations for example.

    Can you live in the 'new' house as-is? How much would you need to spend to get it habitable? Can you afford it? Do you like it?

  • sheramber
    sheramber Posts: 25,365
    Part of the Furniture 10,000 Posts I've been Money Tipped! Name Dropper
    Forumite

    If you are considering parents living with you in the future a, would the house you are considering be suitable for aging parents?

    Is there ground floor accommodation to suit or be adapted?

  • Bizzywizard
    Bizzywizard Posts: 246
    Sixth Anniversary 100 Posts Name Dropper
    Forumite

    Thanks for all the responses!

    I think the issue with Stamp Duty is its has ballooned in price, from what we paid 15 odd years ago, for our doer upper at the time. So to do another doer upper and pay more in stamp duty and silly price seems bonkers!

    You guys have convinced me to stay put! Just had new front and internal doors redone…so happier!

    We live in an area where its close to all the very good schools/hospital/GP and lovely town…..I just wanted a change, so I was happy to move to an area without all the above and give someone a home that needs barely anything doing…..but we are staying put.

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