tricky situation- advice please

lizzymouse

- it would be funny if you turned out to be my next door neighbour!:rotfl:

Isn't it weird that no matter how much you think any house could be the right one for you, your neighbours, over which you have no control really can end up making it a nightmare for you:mad:

Good luck pawpurrs with selling your house, and i hearby put the curse of lizzymouse on your neighbours:p

do_it_today!

lizzymouse wrote: »

- it would be funny if you turned out to be my next door neighbour!:rotfl:

Isn't it weird that no matter how much you think any house could be the right one for you, your neighbours, over which you have no control really can end up making it a nightmare for you:mad:

Good luck pawpurrs with selling your house, and i hearby put the curse of lizzymouse on your neighbours:p

AGREED!!!! I've just come home to find maggots all over my door step because of non management of rubbish NEXT DOOR :mad: its soooooo annoying :eek: :mad:

Nenen

lizzymouse wrote: »

Hello
We dont really want to rent again as we would have to pay a huge penalty for giving up our mortgage and we would loose all equity in the house. also, we are in our late 30s so we need to be paying a mortgage now to have bought a house by the time we retire. What advice would you give us?

I'm glad you are feeling stronger Lizzie... another thought for you.... have you asked your BS about whether they will allow you a 'break' in mortgage so you don't pay the penalty? When we STR last year our BS (Chelt & Glos) said that if we bought again within a year (many BS say 6 months) and took another mortgage with them then they would give us back the penalty charge we had to pay on redemption.

Even if you don't manage to get the penalty back then, assuming that your rent is equal to or lower than your current mortgage payments and house prices fall by 10% in the next year, if you STR for a year then you could buy a similar house (preferably without NFH) to the one you're in now for £14,000 less... is your penalty greater than this? If not then you'd be better off to take that option if you can bear living in 'limbo' for a few months.

Finally, when I get really down about houses, money etc I look at some of the richest families I know - living in mansions, driving huge cars and taking umpteen exotic holidays every year and remind myself they are actually no happier than the poorest... just a bit more comfortable in their misery!!

Hope things work out for you very soon.
Good luck.....
PS... I always felt suicidal when I was in very early pregnancy... hormonal changes before i even realised I was pregnant... could you possibly be pregnant already????

alfiedog_2

Just wanted empathise with you Lizzie. We bought our dream house and within a few days I knew we had made a massive mistake due to the neighbours, in fact most of the road.

We stuck it out for 2 years through eggs being thrown at our house, noisy parties and loads more stuff. Eventually we decided our peace of mind was worth the money it was going to cost us to move again and put it on the market. Luckily we sold to the first people who looked at it:eek: and we have moved back closer to where we lived previously. It costs us thousands in stamp duty, agents fees etc but it was worth every penny not to be living in that constant state of stress:mad: . I wish you the best of luck with whatever you decide to do.

clobber_2

A house is never worth feeling like that. If you can't kill your neighbours and get away with it, I think you need to look at getting out. Good luck.

I have always thought it a bit daft that we buy houses based on a few short daytime visits. You really need to stay the night a few times to find out how noisy it is, what the neighbours are like etc. My old neighbours used to have the most amazing screaming rows and throw plates at each other, fortunately it wasn't frequent enough to stop it being completely entertaining.

Eon4

HI Lizzymouse

Just wanted to say sorry you feel so low but I am glad your latest post sounded more positive....I would agree with the earlier post that said talk to someone about it all....having been there myself (albeit different causes, house moving was one of them though) I was forced to go to my GP by my employer, he signed me off work for 6 months and I saw a counsellor in that time. I now realise I couldn't see clearly at the time even on the better days and my head really needed some help.

My worry would be that things get out of proportion for you and you end up making worng decision after wrong decision desperately trying to put things right.....so I hope you have some strong support, use them!

btw....we were trying for our second baby through all this and I didn't fall pregnant until after my sick leave, I am sure stress was a major factor to our "unexplained infertility" so look after yourself!

Good luck.

lizzymouse

hi all

thankyou for advise and support

we had a good chat at the weekend- didnt really decide what to do but helped to talk through the pros and cons of all options.

it seems like a chat with our mortgage lender might be a good idea to try and pursue all alternatives but can anyone advice on

1. if a lender is likely to allow us the costs of us selling and buying (which we cant currently afford) on to our exisiting mortgage if we moved

2. if they would allow us to part-exchange the house on another property

3. if its worth consulting these firms that say they will sell your house now for you and avoid all the stress and hassle, would they offer enough for us to pay off our mortgage and have enough left over for the selling costs

really, we came to conclusion that we dont want to stay there long term, we would like to sell it if we can, even if we loose alot of money on it but we are very worried that if we stay and house prices drop by alot then we will be prevented from moving for years to come because of negative equity or if we sell and rent, we'll be prevented from ever getting back of housing ladder because we'll need to save up costs of buying a house again, but we will be reliant on them dropping 20-30% over about 3-4 years to save up the amount we need to, and because we are in our late 30s, we dont have that much time left to be accepted for another mortgage.

all advice appreciated, thank you:j

lizzymouse

p.s. - i dont think i am pregnant !