From Flat to Farmhouse

hiddenshadow I think I might well be in the same boat. All pantry houses require a lot of work and cash. I think the flat would get snapped up but it may leave me stuck in expensive renting for a long while, hoping for a property crash. Bit nervous but maybe I need to plough on!

At least big pay day expected this month with a bonus and back pay from 2nd job as well as the usual.

The donkey even managed to pull out a lovely dressage test on Saturday and we finally cracked the top ten at an event and got best ex-racehorse so I really don't want to have to rein in (wink) the spending there if it is coming to fruition.

Decisions decisions!

Right so, the plan is to sell up and use the equity and new mortgage rates to have a house in a location that suits me better for the same or less cost per month.
I would very much like to keep hold of the flat but it just doesn't seem viable without massively compromising the next house, feeling mortgaged to the hilt and dealing with all the incoming tax changes.

The only solid financial argument is that I have an ERC to pay (though what I save in interest could wipe this out) until this time next year and more importantly that the management company have a long term plan to off-load the leasehold of the building.

However with my lifestyle now effectively based elsewhere, I feel like finances are not really the driving factor in all this, and that arriving home at 9pm earliest every night has made the decision for me.

She says, hoping that everyone will agree and calm the panic that has massively set in about selling a huge chunk of security.....

Also begs the question, how on earth do I inform absolutely fantastic lodger who I barely see for 5 minutes once a month?! Can't do it by text surely? But with political confidence settling it needs to go on thr market asap to catch the good mood!!