#4065

Thinking very seriously of moving.

Mainly as our house needs £££ spending on it so we might as well spend that on something that’s already better sized, decent kitchen etc.

Problem is that we have paid off our mortgage so would having to get a new one, albeit probably small, and reduce our slightly maverick spending.
Basically asking, is this a good time to move?

#4066

Who knows?! The market feels very active and the mortgage process is quite slow at the moment so it could be quite a stressful time to move. But it’s always stressful!

Regarding if it’s a good time financially, I guess it’s important to weigh up your incomes and job security, and house prices and any impact of Covid is likely to be localised and down to the type of house you’re buying/selling and it’s location

1 Like
#4067

Mortgage application in and our house is on the market. Looks like we’re moving in to a new build in Hamble like a couple of posh suburban twats in December. Fuuuuuuck.

5 Likes
#4068

Make sure you are very clear about where that is exactly when you send the housewarming invitation.

1 Like
#4069

Today was a first for a viewing: homeowner showed us around and informed us that he wanted to keep his 4 chickens in the back garden after the sale so he could visit them (once he’d moved in with his parents next door).

7 Likes
#4070

Sorry what
He wanted to sell you the property but also keep using it himself?

#4071

Brilliant idea!

3 Likes
#4072

It did seem a lot like an interview for a flat share.

3 Likes
#4073

Yeah I had to re-read it because I thought it must have been a rental flat viewing, then realised you said sale and this is the buying a house thread. What are the chances the guy has previously been a landlord?

#4074

We’ve had an offer on a house accepted, currently jumping through all the solicitor and mortgage-related hoops whilst trying not to get too excited in case it all goes wrong :crossed_fingers:

I have a (potentially Scotland-centric) question… would/has anybody paid for an additional full structural survey when buying? The ‘structural movement’ section of the home report was rated a 1 so no immediate concerns, but it’s an old cottage and of course I’m worrying away that the surveyor missed something :woman_facepalming: Could really do without the additional cost but would be interested to hear what others in a similar situation chose to do.

6 Likes
#4075

Congrats! Where is it?

#4076

Thanks! I’ll send you a message…

1 Like
#4077

How old is the cottage and how long has it been since it was last sold?

Also, how long are you planning on living in the cottage, and are you planning on doing any work to it while you’re there?

#4078

We are going through the exact same process as you, buying in Glasgow.

Our offer was accepted at the end of July, we’re in the final stages of conveyancing just now after finally getting the financials sorted after about a fortnight of sleepless nights thanks to the current state of the mortgage market (we’re first time buyers, had a 10% deposit go to go, I’d been furloughed… we ended up with a good deal after bulking up to a 80% LTV via the government’s First Home Fund to get us over the line after providers started to drop from the market day by day, but bloody hell it was stressful). Hopefully going to be able to conclude the missives in the next week or so, at which point we’ll finally be able to breathe again and properly celebrate!

Anyway, we also had a 1 on the home report for the structural movement, coupled with a few notes about some rendering work, removal of moss from roof tiles etc. We had a chat with a few folk who’ve already bought (+ our incredibly helpful mortgage broker) and they advised not to bother with a full survey… so we haven’t bothered. There’s always a small risk that there might be something awry, but we decided we can live with that, and there’s no obvious reason to be concerned. Our house is a 1960s semi for reference though, so if yours is an old cottage things might be different, kinda hard to judge really.

Congrats anyway!

2 Likes
#4079

I think he was just a man who really, really loved his chickens, and hasn’t sorted out whether they can be accommodated in his new living space.

3 Likes
#4080

It was built in 1900, and last sold 5 years ago. Difficult to say how long we’re planning on living there but mid-long term intended, all being well. Not anticipating doing any major work either, it has recently (since last sale) been extended so solicitors are checking for all necessary paperwork regarding that.

#4081

Big congratulations to you too! That sounds incredibly stressful, fingers crossed you get it all tied up soon so the celebrations can begin :tada: Thanks for your advice, we have also been advised it’s not strictly necessary and I’m definitely guilty of overthinking every possible eventuality (also first time buyers, so everything is new and scary :exploding_head:). Good luck this week :crossed_fingers:

#4082

Thank you! And best of luck to yourselves, I hope you manage to get everything sorted without too much stress :+1:t2:

1 Like
#4083

For a building that old, I’d usually err on the side of caution and get a survey, but it may not be necessary if the house is in good condition and there’s a fair bit of structural information in the paperwork for the extension etc.

#4084

Thanks for this. I’ll give it some good thought over the weekend and see what feels like the right thing to do.