I'm an idiot

(110 Posts)
AnuvvaMuvva Wed 18-Dec-13 22:47:05

Split from XH a few years ago and have been living in the marital home with the DC. When it was time to apply for DS1's secondary school, decided to make the move back to my family's town so we'd be there "for good".

Put house on market - 40 viewings, 7 offers, accepted the second highest at 50k over asking price. Unbelievably surprised and happy.

That extra money gave me the real possibility of buying a place, rather than moving back in with parents and saving up. All good.

Found a 3-bed place just 2 minutes' walk from my parents' house. Ugly from the front, on a busy main road near a garage and a speed camera (!) but quite nice inside. TINY garden overlooked on all sides. Walking distance to the schools. Put in 3 offers until they finally accepted one at £5.5k under asking price.

Paid £300 for mortgage broker to get me a mortgage. Paid £640 for a full structural survey. Paid £300 to solicitors for search fees.

Am now having second thoughts. sad The house has been on and off the market since Nov 2011. Rented out when not on market. They've had previous offers which have dropped out, often days before completion.

Everyone I meet in that town (via a Facebook group) seems to have viewed that house at some point and disregarded it. It's a nice town, but the house is in a row of about 10, all 70s built, that just seem a bit... rough. Which is the only reason I can afford it, tbh. It's about £50k less than other 3-beds.

I've spent SO MUCH MONEY because I got all excited and just HAD to secure the house... And now I'm not sure. It's £235k FFS! Cheap for the town but in all other senses it's ALMOST A QUARTER OF A MILLION.

Survey came back fine, except he advised that the double-glazing was shot (misting), and to get vendors to give a legal declaration of any previous noise problems - the houses have no sound-protection and he said a "large unaccompanied dog next door barked throughout the viewing".

What do I do? If I pull out of this, I can move into my parents' house and be a cash buyer with a mortgage AIP when my house completes. That's not progressing as fast as I liked either -- they had a mortgage valuation and a couple of things on that have led them to book a buildings survey next Monday.

I've never done this before and feel I've been too impulsive and rushed into things. And I'm worried my solicitor is going to think I'm a time-wasting idiot if I back out.

I'd be walking away from a cheap bird in the hand for a prettier, nicer two in the bush that May or may not come on the market next year at my price.

Don't know what to do. Sick of thinking about it all, tbh. And spent ALL my money on a house I'm not sure about! Only have £350 left till I get paid. sad

AnuvvaMuvva Wed 18-Dec-13 22:49:07

My brother thinks the house is only worth about £215k.

AnuvvaMuvva Wed 18-Dec-13 22:50:26

Stupidly I didn't realise the buildings survey did NOT include a valuation (I assumed it would). All they say they will do (without my giving them an extra £120 for a valuation) is tell me on the phone if the house us worth what I've offered. But would that give me any comeback if I decided to drop my offer?

AnuvvaMuvva Wed 18-Dec-13 22:52:30

It'd be lovely for the dc to be able to walk to my parents' house in 2 minutes. That's worth a lot to me. But if it's sat around unsold, on/off the market for 2 years, wil I ever be able to sell it again?! I feel I'm an idiot for missing the issues that everyone else can see. But then everyone else doesn't have their intents (and brother!) living 2 minutes away...

AnuvvaMuvva Wed 18-Dec-13 22:52:56

Not intents -- parents!

I'm not sure on the comeback, but at least you would know if you're paying over the odds.

Feel for you, but please don't buy a house you don't like because of a short term cash problem and not wanting to feel silly in front of a solicitor (I bet they've seen it all before and you're paying them so they won't care).

AnuvvaMuvva Wed 18-Dec-13 22:54:46

The only other houses near my parents that I could afford so far are all on the BIG council estate that runs behind their road. I know we shouldn't be snobby about those, but I don't know the area well enough to be sure I wasn't buying a house right in the middle of one of its roughest areas. Some are quite notorious.

Manchesterhistorygirl Wed 18-Dec-13 22:55:25

You need to get a valuation survey for the bank, you should have done that early on, but get it done now and see what they say.

If it comes back way under what you've offered, would you be happy to buy at a lower price (assuming vendors accept)? If not move in with your parents and wait until spring.

It's a hell of a lot of money to just throw at something you're not 100% sure off.

BitOfFunWithSanta Wed 18-Dec-13 22:56:03

Can you drop your offer?

AnuvvaMuvva Wed 18-Dec-13 22:57:36

Thank you! I do like it - when I first walked into it I thought, "this is my house!" But I'm hideously impulsive. I regret the things I HAVE done, not the things I haven't (like we're meant to on our death beds).

I married the wrong man, rushed into having his kids, rushed into freelancing... I can't trust my own judgement anymore.

AnuvvaMuvva Wed 18-Dec-13 22:58:38

Do I pay for the valuation survey for the bank? I assume I do, but the woman at the surveyors office said the bank paid for that?! (Can that be true??)

If, as you say, others (who presumably know the local market better than you) have disreguarded it they must be fairly sure they can get something better in that price range.

AnuvvaMuvva Wed 18-Dec-13 23:00:35

I would be happy to buy for less, as it's still a 3-bed right by my family. It's the perfect area for me and the dc.

I won't be happy if there really IS a dog barking all day and the neighbour in that house is as rough as the state of their garden makes them look.

Manchesterhistorygirl Wed 18-Dec-13 23:01:47

We paid the bank for ours I think, or it gets paid on completion. I'm just flinging money at lots of stuff right now, so can't remember what's been paid for and what's to be paid for, but the sooner we move the better! Anyway back to your house, sorry, if you felt happy and that it was yours when you viewed its a good sign. Could you have another look round, to measure up for curtains, etc it'd put your mind at ease or help you make your decision not to buy.

Sometimes the bank "pays" for the valuation to attract customers, not unusual I don't think.

AnuvvaMuvva Wed 18-Dec-13 23:04:59

You can get better in that range if you move further out. There are housing developments about 20/30 minutes' walk away that are cheaper, with gardens and all that lovely stuff.

But my parents are old and my kids are young - we all wanted to be within walking distance of each other, which limits my area massively.

We're a close family, I'd like us to be able to "pop in" a lot. Not have to drive. Plus mum doesn't drive.

ChippingInLovesChristmasLights Wed 18-Dec-13 23:05:48

Better to walk away from £1200 than spend £235,000 on something you aren't 100% sure enough just to save face..

Try ringing the other estate agents and ask what they think about it and/or others who have viewed it and not bought it.

Don't forget that the bank will only be interested in the valuation as far as the loan is concerned e.g. if they are loaning you 100K they'll be happy with a valuation of 200... as far as I understand it.

AnuvvaMuvva Wed 18-Dec-13 23:06:39

Actually no, not 30 minutes' walk. The houses I can afford are about a 15-min drive away from my parents. Far enough to feel cut off, when the kids are in bed and nobody can just wander in for a cup of tea.

snowsjoke Wed 18-Dec-13 23:07:31

walk away, trust your instincts on this one ... overpriced, 'rough', barking dog... You will have a substantial deposit once your house is sold. stay at your mum's, keep looking and investigate the newer part of the 'help to buy' scheme.

AnuvvaMuvva Wed 18-Dec-13 23:08:19

The house is definitely worth the mortgage cost. My deposit (providing the sale on this house doesn't drop by more than £20k after the survey here) will be about 65% of the total cost.

If that's your main priority that's fine. If houses in your chosen area in your price range don't come up often you have to take that into account and consider it might be worth buying this one... however in your shoes I would definitely want to know more about the neighbour/dog.

AnuvvaMuvva Wed 18-Dec-13 23:09:39

I'll have too big a deposit to qualify for help to buy, I think?

I'm scared that that will just bring a flood of buyers in to my price range, and the competition will get fierce as soon as anything nice comes up.

AnuvvaMuvva Wed 18-Dec-13 23:10:59

Ok - so how do I find out about the neighbours and the dog? I'll be there over Xmas - I guess I'll just keep walking around the house to listen out for noise? Anything else I could do? Go and introduce myself to the neighbours to check them out..?

AnuvvaMuvva Wed 18-Dec-13 23:17:12

Can I ask other estate agents their opinion on this house... Without them snitching on me to the estate agents who are selling it??

It's under offer, it's got a SOLD STC sign outside. Soon I'll be officially Wasting Everyone's Time if I haven't decided.

I'll go and measure up as an excuse for another viewing. Surveyor also said the power shower was really noisy so I could go listen to that. It might drown out the dog. (Or even better, drown the dog.) (I don't mean that.)

AnuvvaMuvva Wed 18-Dec-13 23:22:06

My other dilemma is - do I buy a house by myself, or buy one together with my partner?

We're engaged. He lives at his mum's house as he had to pay back a lot of loans he took out with his ex to extend their house. She lives in the house with their 2 DC and his name us still on the mortgage, and she'll never be able to buy him out. She refuses to sell, too, so his money is all tied up in there.

Even with his mortgage, we could borrow more together than I can by myself. But I've never had money before - I wanted yo keep it safe in a house I bought for me and the DC, so we wouldn't lose the house if I split up with him. I don't anticipate splitting up, but anything can happen.

Being thisclose to affording a place on my own makes me think I should buy it by myself, and then he can move in.

AnuvvaMuvva Wed 18-Dec-13 23:23:16

My head actually hurts. So many decisions to be made. And the DC rely on me to make the right ones! Arghhhhhhh.

Preciousbane Wed 18-Dec-13 23:25:20

The price is almost irrelevant if the house is not right for you.
How sensitive to noise are you? I am incredibly sensitive and a very light sleeper. I found my dream home about three months ago that was in my price range. It was on a busy road after four visits to the road I realised there was no way I could have coped with the noise at all.

Twenty minutes walking is fine surely to be able to pop in?

Preciousbane Wed 18-Dec-13 23:27:51

Regarding a partner moving in.

I am very careful with assets and if your assets are currently very unequal how would you arrange your living arrangements financially?

Can his ex not buy him out?

Preciousbane Wed 18-Dec-13 23:28:19

Sorry just seen you have said she cannot buy him out.

AnuvvaMuvva Wed 18-Dec-13 23:29:58

I guess 20 minutes is fine. Where I live now is 45 minutes DRIVING so anything will be better than that!

AnuvvaMuvva Wed 18-Dec-13 23:31:43

Preciousbane - we talked about the money side. He's happy either way (to buy together or for me to buy alone) which makes it another decision I have to make! Lol.

Then I guess we'd split the bills as normal..?

AnuvvaMuvva Wed 18-Dec-13 23:33:55

Thank you all SO MUCH for taking the time to reply. My head's spinning with all this, I'm eating non-stop, sleeping, just looking to distract myself from it all. I'm finding it really stressful. sad

I have been incredibly happy where I live now, I didn't really want to move. But I'd never be able to move on without selling/splitting this last asset.

AnuvvaMuvva Wed 18-Dec-13 23:34:17

And I can't afford to buy here.

Manchesterhistorygirl Wed 18-Dec-13 23:34:51

Get your valuation survey booked in, it's unlikely to be done for Christmas now, go down for Christmas and have a walk up and down a few times, and also walk to the other houses you can afford. You've got the luxury of the Christmas period to think about and make your final decision, lots of breathing space. smile

Write a list of pros and cons for each type of house and situation re: partner.

antimatter Wed 18-Dec-13 23:34:53

if your parents live there they should know that road very well. can I assume you've never lived in that town so you don't know it?

How far is it from London? Prices here are creeping up now - could that affect your town?

SomewhereBeyondTheSea Wed 18-Dec-13 23:38:36

Just wait. You're clearly not ready to commit to what will be the biggest financial commitment of your lifetime.
Don't want to sound harsh but just going by the general gist - do not buy anywhere yet. Rent for a while. Get to know the area better so you can judge the neighbours etc for yorself. The right opportunity will happen to you.

AnuvvaMuvva Wed 18-Dec-13 23:51:30

I have lived here, it was where I grew up. The road is fine - busy, traffic, but ok. It's just that this row of 10 or so houses has a slightly (to me) rough feel to it. All the same 70s builds, with small gardens and a service road running behind them that connects to a block of garages.

I'm really trying to see the good in it and not be a snob who demands to have Victorian features and fireplaces (like I have now) for free.

AnuvvaMuvva Wed 18-Dec-13 23:52:47

Manchester - thank you!! That calmed me down! I do have Christmas to think. I've been frustrated at the delay it'll put on everything (selling, especially) but it's really a blessing.

Thank you!

AnuvvaMuvva Wed 18-Dec-13 23:53:31

Antimatter - I'm moving to Wokingham, near Reading. And yes I'm sure prices are going up.

AnuvvaMuvva Wed 18-Dec-13 23:54:20

Somewherebeyondthesea - you can sound harsh if you want! I'll happily take direction! :D

mellicauli Thu 19-Dec-13 00:05:09

I would be wary about buying a house no one else wanted to buy. If you have a desirable house that people want to buy, if things take a downward turn you'll always be OK.

pippop1 Thu 19-Dec-13 00:09:35

I think you can ask estate agents about this house in a (slighly) sneaky way. Try not to give your name on the phone and call early in the day when they are not busy - just before Xmas is probably a good time!

Tell them about your budget and that you are a cash buyer and then ask "Can I realistically get a house with X bedrooms in the Wokingham area for £X?"

Then say that you saw one online that looked interesting (the one that you think you may buy) but it was sold STC through another agent and would be interested in that kind of house, have they sold one like that recently, what do they think of that bit of Wokingham etc and just let them talk, and talk. Say how much you value their opinion.

Listen very carefully and in between the charm, you may pick up some good nuggets of information about the area, that type of 1970s house and so on.

Yes, you are "using" them a bit but so what, you might end up buying through them in the future.

kickassangel Thu 19-Dec-13 00:39:37

What other people think of it isn't really relevant unless you plan to sell it soon. If house prices are going up it is better to but sooner, but you can take a couple more weeks to think about it.

Go there over Christmas. Would the road bother you if you think about dc walking along it? Any other concerns? Are you sure it is in catchment for schools? Etc

If you like the house and think you will be happy there that is the aim decision.

ChippingInLovesChristmasLights Thu 19-Dec-13 00:47:31

Wokingham has loads of Estate Agents - I'd give them all a call and ask about the property - they're bound to know it and why it's not selling.

antimatter Thu 19-Dec-13 06:36:31

yes they do!
a colleague at work had their 2 bed valued summer time for 250K
they sold it to the second person who viewed it for 335K this week! 5K over Estate Agent valuation.
That's in Maidenhead.

Is the feeling of roughness because they are modern housed. How would you feel if that house was a victorian cottage?

Jaynebxl Thu 19-Dec-13 06:44:19

One thing I have learnt through moving this year and watching every property programme going is that unless we have pots of money we can't have every thing we want in a house and have to choose what we're going to compromise on. Personally I would compromise on distance to grandparents in order to have a house in an area I felt happy with and without a barking dog next door. At the end of the day you spend more time in your house aware of neighbourly noises than walking to the grandparents.

Alwayscheerful Thu 19-Dec-13 06:49:58

Let the price decide. Tell the agent you have had second thoughts and the surveyor advises the house needs new double glazing and you are therefore reducing your offer to £210k. The vendor may well accept your revised offer, if not walk away and find a home you will love.

IHeardMummyDissingParcelforce Thu 19-Dec-13 07:11:28

Forgive me if someone's already suggested this but I am wondering if there is an undeclared dispute with the neighbours - as it were, not sure if I'm using the correct term.

I mean the next door property looks rough, the garden is in a state, the dog is barking loudly all day.

This strongly suggests to me that it won't be easy to live next door to these people, or communicate with them.

The LAST thing you need when you've bought a house is some arsehole next door making your life uncomfortable at best, hellish at worst.

I would put money (not that I have any) on it being the reason people have pulled out.

If I was brave I'd go and knock on the door and try and talk to them. If I wasn't brave, I'd pull out after ringing round a few agents it's been on with - or even the letting agent, to try and find out the issues.

Also google the street name and 'police'. News stories may emerge.

We did this on a house we were going to view and cancelled the viewing as they had a dog which had attacked a small child; I was taking my small children with me, so I asked the EA if this was Ok without mentioning the newspaper article, and she was like 'Of course!' but I didn't want to risk it, so we didn't go.

I also saw a picture of the owners in the article and that put me off a bit too.

Anyway don't feel bad about wasted money. You'll waste far more if you can't sell it again. Remember it costs around £10,000 in fees etc when you move so you need to get it right. That means backtracking where necessary.

The money so far is small potatoes.

AnuvvaMuvva Thu 19-Dec-13 09:56:31

Another request for money: the valuation survey fee.

I want to get a DEFINITE mortgage offer in place whatever happens with this house, so I know EXACTLY what I'm able to borrow. (I'm a freelancer so never dreamt I'd get a mortgage at all.)

If I don't buy this house, I can keep the mortgage offer for 6 months.

To get this, I'll have to pay the valuation fee (upfront, now). No idea how much it is.

AnuvvaMuvva Thu 19-Dec-13 09:57:05

I've asked the broker the price, obv! Let's see what she says.

AnuvvaMuvva Thu 19-Dec-13 09:59:43

£430!

Walk away. You know in your heart of hearts that you don't want this house. Plus a constantly barking dog next door will quickly drive you insane. The money you've spent on this house so far is a drop in the bucket compared to what you've made on your previous house. Chalk it up to an expensive lesson and move on with your life.

Once you've moved into your parents you'll be chain free and flexible with timings so very attractive to vendors and should be able to snap up the next attractive property that comes on the market.

BitOfFunWithSanta Thu 19-Dec-13 21:20:32

Yes, Cigar is absolutely right.

AnuvvaMuvva Fri 20-Dec-13 09:49:49

OMG! ANOTHER house has JUST come up. Again it's 2 mins walk from my parents, but in a quiet cul-de-sac with trees, all well-kept - smashing for kids. Only £10k more and my mortgage offer is bigger than I expected, so I can afford this.

3 beds, A GARDEN!!!!!!!!, end of terrace so only neighbours on one side not two -- perfect. One snag: it's with the same estate agent that the other one (that I'm supposedly buying) is with. WHAT DO I DO?! Will they think I'm a real time-waster if I drop out of the old one and try to buy this instead?

AnuvvaMuvva Fri 20-Dec-13 09:51:09

This is IDEAL. It really is. Even has a cat flap for my cat!

Bedrooms are all bigger. Lovely large sitting/dining room. The smallest bedroom is still 8x9.

I MUST HAVE THIS HOUSE.

Preciousbane Fri 20-Dec-13 09:56:34

Well just be honest and say that this house is far better and you can easily stretch to it because your mortgage offer is much bigger. They just want to sell to get commission at the end of the day.

I hope you get it.

I'm going for a second viewing on a house today and have posted late last night on here, have a little look and tell me wht you think if you get the chance to have a look at my post.

Good luck!

ChippingInLovesChristmasLights Fri 20-Dec-13 11:17:52

Excellent fgrin

Phone them now and tell them you want to see it today - find a way to do it, they wont last where you are looking and for only £10k more than the other one.

They will be fine with it - more commission for them and they know why that other house isn't selling and aren't telling you - so don't worry about what they think anyway!

orangepudding Fri 20-Dec-13 11:23:24

Go and see the other house. Buying a house you don't really like would be a huge mistake, you would be the one living with the regret no one else.

ChippingInLovesChristmasLights Fri 20-Dec-13 11:28:39

I've just had a look - nice garden. Strange place for a cat flap - they must really love their cat fgrin

I'd put a lower offer in for it though - I think it's worth more like what they were asking for the other one myself - maybe £240, I think £250 is a bit steep - but if it ticks all your boxes and is near your parents etc, it might be worth you paying the extra if you need to, to get it, but I'd start with a much lower offer.

AnuvvaMuvva Fri 20-Dec-13 11:38:19

The owners aren't do viewings today but I have an apt to see it tomorrow first thing.

I was honest and knocked the other house on the head. (I was polite and also included the bad bits from the buildings survey so they could fix those and get a sale.)

I CANNOT WAIT TO SEE THIS PLACE TOMORROW. I've already converted the downstairs loo/cupboard into a home office.

I'll start at £250k. I am too scared to go lower!!

AnuvvaMuvva Fri 20-Dec-13 11:40:47

They bought it in 2010 for £185k. The neighbour (next door) sold this August for £240k. Apparently the owners are looking for a new place in the local area.

Will they accept my asking-price offer now but then want to raise it in the spring when they've found a new place??

AnuvvaMuvva Fri 20-Dec-13 11:42:27

Just offering the asking-price seems risky to me... What if someone comes over the top? There are NO houses in this town at the moment. If they get floods of offers, would they want to wait till after Jan to get help-to-buy buyers in too and start a massive bidding war??

[breathes into paper bag]

orangepudding Fri 20-Dec-13 11:42:33

I don't think it's likely they will expect to get over 250k due to the stamp duty threshold.

AnuvvaMuvva Fri 20-Dec-13 11:43:20

I want them to sell it to me, then get the heck out of it so I can start cooking in that sparkly beautiful kitchen.

AnuvvaMuvva Fri 20-Dec-13 11:44:26

Does the stamp duty rise START at £250k, or at anything OVER £250k? I was thinking of offering £250k but saying an I give you £1 in cash and we'll call it £249,999 if it avoids the stamp duty hike...

AnuvvaMuvva Fri 20-Dec-13 11:45:28

I've got to calm down. Getting over-excited about houses is what is what cost me £1200 on that one I wasn't even that keen on. hmm

orangepudding Fri 20-Dec-13 11:45:54

It starts at 250, 001.

karron Fri 20-Dec-13 11:47:07

We bought at 250,000 and it was 1% stamp duty. It goes up overt so if you paid 250,001. They will know this hence price.

AnuvvaMuvva Fri 20-Dec-13 11:48:28

Ah, OK -- thank you.

noddyholder Fri 20-Dec-13 11:50:48

Pull out of this you can recoup the loss further down teh line. Rent somewhere for now with the extra money and get a feel for teh place.

MmeCinqAnneauxDor Fri 20-Dec-13 12:00:35

Calm down and don't go mad with the price.

Get it out of your head that you have to take THIS house (or that one) because another won't come up again in the same area.

We walked away from a house that we had already agreed on, because the neighbours garden was messy and they gave off a 'vibe'. We walked past several times over the course of a weekend, and they still had the same washing out - for days. I know this sounds like a weird thing to fixate on, but it made me nervous.

We bought the exact same house across the road for £20k less a couple of months later.

Take the time to think it through and trust your instincts, but don't get panicked about missing out. You will find the right house, just give yourself that time.

AnuvvaMuvva Fri 20-Dec-13 12:02:34

Ah, OK -- thank you.

AnuvvaMuvva Fri 20-Dec-13 12:05:07

THANK YOU. I know what you mean about "vibes" and I think they're important. Did you ever get to know those neighbours (with the washing)? Were they OK or as odd as you thought?

I've pulled out of the first house - it's over. The new one really does look spot-on. I can't bear the stress and uncertainty of this process -- I wish it was just like a shop, where you walk in, pay the price and walk out with the house!

AnuvvaMuvva Fri 20-Dec-13 12:06:23

I do believe that we get the house that's meant for us. I DO believe that. But the length of time it takes, with chains, and offers, and surveys and solicitors... It's amazing that anyone ever moves house.

AnuvvaMuvva Fri 20-Dec-13 12:07:28

noddy - I'm lucky that I can stay at my parents' lovely big hose with the kids while I look. They're charging rent, but only smallish.

AnuvvaMuvva Fri 20-Dec-13 12:07:43

not hose - house, obviously!

MmeCinqAnneauxDor Fri 20-Dec-13 12:12:24

We live opposite. I can't say that I have noticed them being anti-social but their garden is always a mess.

Spoke to the new owner of one of the other houses that we didn't get, and she said that they'd only moved in a few months when they discovered the boiler needed replacing.

AnuvvaMuvva Fri 20-Dec-13 12:14:56

Awful for her but GREAT for you! Did you commiserate but inside feel a bit guiltily relieved?

JugglingUnwiselyWithBaubles Fri 20-Dec-13 12:16:50

Have only read first page but I think you should probably go for it (especially as it's near your parents so in right location) and you're probably mainly just feeling nervous - as buying a house is always a massive expenditure.
Good luck!

AnuvvaMuvva Fri 20-Dec-13 12:19:08

I've just done a Street View of the new house (I'm in love) and saw a NO BALL GAMES sign on the wall... Does that mean it's a council estate? If so it's the prettiest little council estate evah and might explain why it's affordable..?

AnuvvaMuvva Fri 20-Dec-13 12:20:23

Thanks, Juggling, but I pulled out! I saw a better house again in the right location (only in the other direction) and I loved it sooo much, I knew I just wasn't that into the first place. Am seeing new one tomorrow.

MmeCinqAnneauxDor Fri 20-Dec-13 13:32:47

I did feel very relieved.

Don't diss council estates - they are often very well built and have larger rooms than privately built houses.

JugglingUnwiselyWithBaubles Fri 20-Dec-13 13:45:19

Sorry, I should have read more of the thread fblush
But had to go out for bits for the stockings (Santa asked if I'd help him out !) and a XMas week food shop.
Glad you've found something else nearby that you like even more -
Good luck with it all!

pippop1 Fri 20-Dec-13 15:56:00

You can have a boiler and an electrical survey after they have accepted your offer (as well as a normal survey). Each of those two should cost £100 or so. I would also have your own survey done, either a Homebuyers Survey or if you have any concerns e.g. it's next to a river, then have a full structural survey done.

The Building Society only need the property to be worth what they are lending you. They don't care how much deposit you are putting in.

A relative of mine had a heating survey (boiler) and found that the boiler was not safe to use. The vendor went halves with the purchaser on the cost of installing a new boiler.

spotty26 Fri 20-Dec-13 19:16:38

We bought a house that had been on and off the market since 2011 too. As it had been on for a few years we did get it for a better price than it was originally on for but I often wonder why no one else liked it enough and were we missing something!

I also meet lots of people who know it and many have viewed it. I like to think that they lacked our vision rather than it being blighted in some mystery way that we missed.

Anyway, people will soon forget it as THAT house when you have been in a few months. If you love it just go for it but equally if you really really do not want to go through with it just put a stop to it all.

AnuvvaMuvva Sat 21-Dec-13 08:55:12

Thank you spotty! Let's decide that it was just fate, and that your house was waiting for YOU. Not that there was something wrong with it! smile

I did pull out - I feel so relieved. More relieved than I expected.

The estate agent is now asking if I'd accept a discount off the price bit is asking me to say how much I'd buy it for. I can't name a price!

Seeing another place today that looks much nicer. But if that doesn't work out, I'm quite looking forward to moving back with parents, having all the stress of this put aside for a while, and looking in relative peace. smile

Manchesterhistorygirl Sat 21-Dec-13 08:58:53

So glad you've made a decision muvva, if you're feeling relived it's a sign. Your. House is out there, just wait until spring. smile Merry Christmas.

AnuvvaMuvva Sat 21-Dec-13 19:50:01

Thank you! I actually walked past the first house today and it looked HIDEOUS. I have no idea what I was thinking!

AnuvvaMuvva Sat 21-Dec-13 19:52:16

Viewed a house today that was 10x nicer. Beautiful kitchen, garden, 3 really big bedrooms and a lovely sitting/dining room with gas fire and French doors. I made an offer. NOT asking price but a bit lower. Feeling quite calm either way.

Dillydollydaydream Sat 21-Dec-13 21:25:14

Sounds like you definitely made the right decision. Phew!

MmeCinqAnneauxDor Sat 21-Dec-13 21:26:43

Good for you. Crossing fingers that they'll accept offer

Tapiocapearl Sat 21-Dec-13 21:47:21

Report back!

ChippingInLovesChristmasLights Sat 21-Dec-13 23:33:02

Sorry I missed your replies yesterday sad

The house you are in love with, is that house number 2... or has a third one crept in quietly?

I was over there today doing some Christmas visiting - we could have had coffee and driven slowly past your new house fgrin

AnuvvaMuvva Sun 22-Dec-13 01:06:18

You're all so lovely! Chipping, that would've been awesome! smile

I'll let you all know when the housewarming is. Thanks for being so sweet!! Xxx

ChippingInLovesChristmasLights Mon 23-Dec-13 01:11:31

Housewarming, coffee in town, opening of an envelope - let me know and I'll be there fgrin

Good luck Anuvva have just caught up on your thread. I don't live far from Wokingham, I know the area very well and were looking for a BTL in that area over the past couple of months. The market is currently red hot, some agents have no three bed house for sale, so I am thinking you may need to up your offer to asking price (if it is on for 250k). We have now found a house in Aborfield, a bit further out but it is lovely.
Please let us know how you get on grin

Oh and having been divorced myself, the feeling of having your own home that no one can take away from you is amazing, so do it on your own if you can.

OP I just had a nosey about (sorry property is a passion of mine) If its the house I am thinking of it is lovely. Really nice area with great schools, I have a friend who live nearby. Lovely cat flap grin

AnuvvaMuvva Mon 23-Dec-13 14:01:53

I had to go to the asking price, but she's accepted and it's officially off the market! All viewings cancelled, no further marketing. I'm really excited!

I actually went round to meet her after my viewing, I dropped in a Christmas card and told her how much I liked her house. And that I have an old cat who'll love the cat flap! She's a really lovely woman. She has my phone number too (it's on the card) and we ended up chatting for ages.

Oh pray for me that it all goes ahead! If she's scceoted my offer, that's it now - isn't it? I will go ahead and book the mortgage survey, and tell my solicitor. What else should I do?

Oh I love it. I might take her some flowers. Too much?!

AnuvvaMuvva Mon 23-Dec-13 14:03:53

I'm scared to get too excited until I actually have the keys in my hand.

She sounds lovely OP and it is nice to sell your home to someone who loves it. I thought you might have to offer the asking price. We got into a bidding war on one house, it was on for 235k it went up to 250k which is when we dropped out as we were not willing to go over the stamp duty threshold. As much as we loved it it wasn't for us to live in and we withdrew from the madness.
The vendor sound a genuine vendor so hopefully it will all go smoothly.

Preciousbane Tue 24-Dec-13 14:30:11

I'm really glad things are working out for you, hope everything goes smoothly.

pippop1 Wed 25-Dec-13 10:57:00

I may be a cynic but I wouldn't get too friendly in case the survey throws up something major and you need to ask for a reduction in the price to in order to get it fixed.

Make sure you have the rolls royce of surveys. With a house I'd go for a full structural survey personally. Good luck OP. Very exciting.

AnuvvaMuvva Sat 28-Dec-13 12:30:02

Thanks for all your posts! I'm really excited. Praying everything proceeds without too many hitches. I've already mentally moved in, redecorated, given the house a name and fixed up the back garden...

ElsieMc Sat 28-Dec-13 13:35:14

Walk away. Your instincts are warning you here, as was your surveyor. I totally agree £1200 is a lot to lose, but better than making a terrible mistake that makes you miserable then having to try and get rid of the house again, possibly at a loss. A large, noisy dog barking will drive you mad and lead to a fall out with your neighbours.

Cut your losses. It does not matter about offending anyone else. You will find something better after Christmas.

ElsieMc Sat 28-Dec-13 13:46:17

Sorry, didn't read all your thread. Congratulations - I hope all goes well for you.

AnuvvaMuvva Sun 29-Dec-13 00:21:06

Thank you!! Xx

flowers when you move in if it has all gone smoothly. and I hope it does!

AnuvvaMuvva Sun 29-Dec-13 19:57:25

Thank you! Me too! Just need her to find a lovely house to buy with her partner, quickly! smile?

pippop1 Mon 30-Dec-13 16:43:17

People will put their houses up for sale early next year so she will find one soon!

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