FTB - How to 'allocate' savings

PasturesNew

Doozergirl wrote: »

Recliners should be banned! They're an affront to good design.

If I could design the perfect home, I'd have: a good comfy recliner, small fridge to one side with cans in, bag hanging off the arm containing chocolate and TV remotes.

In front of me I'd have a swing-round-arm contraption holding 2-3 PC monitors and a couple of keyboards (yes, I am often on 2 PCs at once).

Ahead of me would be a TV, at the same height as the PCs, so I could cast my eyes to one side and catch what was on the TV. The TV would be in front of patio doors leading out to the garden sweeping down to the beach, so look beyond the PC/TV and there's a beach.

I wouldn't have to move all day/week/month ... er, ever!

Kez100

Well, not until the tide rises!

LOL. Of all the posters on here I am creating a defined image of you Pastures!

PasturesNew

Kez100 wrote: »

Well, not until the tide rises!

LOL. Of all the posters on here I am creating a defined image of you Pastures!

I just know what I want/need ... I am a simple soul. Quite happy with my own company. Pottering about in my own little world. Harming nobody.

geoffky

keep it a a emergency fund until you feel confidant that the economy has turned again for the better..

Kez100

PasturesNew wrote: »

I just know what I want/need ... I am a simple soul. Quite happy with my own company. Pottering about in my own little world. Harming nobody.

Not a criticism. In many ways I am very envious.

hostman

Why do you need a four bedroom house for two people? Plus the possibility of an extension?

Buy a smaller house, save a lot of money and then upsize when you need to.

TT1_3

gfplux wrote: »

Hello TT1,
Have you done this interesting calculation.
How much per square meter are you paying for the house and how much per square meter does you estimate of £20000 for the extension cost.
Might be interesting to share that with us.

Why do you need to know that? Do you mean the before and after figures? The after figure is lower with the extention than without.

TT1_3

Kez100 wrote: »

Only in airplanes!

I doubt you could even use one in some of todays modern boxes!

How long are you hoping to live in this house for TT?

They should be definately be banned on planes.

Thats why we aren't buying a modern box in suburban hell , i need somewhere to fit my lovely [STRIKE]expensive[/STRIKE] (oops, shouldn't put that, i don't want more grief) recliner, lol.

We'll be staying there until we're too old to climb the stairs and we need a bungalow.
It'll be long after the kids have gone and its a long time until they'll even be here, lol.

Kez100

We did exactly that, TT. Saves a fortune on moving fees over the years. Mind you, we bought at the bottom of the market! Make sure there are decent schools around, won't you? It does matter, for a long term buy.

TT1_3

hostman wrote: »

Why do you need a four bedroom house for two people? Plus the possibility of an extension?

Buy a smaller house, save a lot of money and then upsize when you need to.

Its sounds unbelievable but there aren't many like this round our way and theres only ever been 17 houses sold on in that area since they were built 20+ years ago.
It ticks all my boxes in that its not overlooked at all, has huge front+back and even side gardens, back garden is south facing and its built 'sideways'.
By 'sidways' i mean its not like all the new builds and the rest of the 4 beds around here. Walk in - stairs facing you living room to the side, walk through an arch in the living room into the dining room and turn off into the kitchen thats built on the back of the garage.
This is walk in, dining room and kitchen right and full length living room on the left with french doors that open into the back garden.

The extention is in place of a conservatory as i think they're useless, too cold in winter, too warm in summer.
My idea is to build a 4x5m habital box on the dining room/kitchen side (the garden can easily accomodate this) with 2 Velux windos in the roof. We'd have Patio doors out of the dining room into it. The back wall would be just brick, 3 full length windows on the side wall and bi folding full length french doors that slide fully open on the front 'wall' that open into the back garden.

I'm thinking get this house as we want it now and it will be perfect, carry me out in my box from it. No need to start moving, building and getting things how we want them when we might be thinking about having kids in 4/5 years.
The extention is also practical, its not just a case of we want a bigger kitchen etc. It would make the house more kid friendly because they can be in there when we're in the kitchen rather than completely unsupervised in the living room or maybe worse, crawling around the kitchen.

I've guesstimated the 20K for the extention i described above, it might actually cost less than that.