We are just about to exchange on our flat in London as we have a one-year-old and are hoping to have another child as soon as possible and need more space.
We found a lovely little Victorian cottage in East Finchley - it's well-priced, because it's half a mile from the station and not the best area (there's a fair amount of traffic on the road, but not an A road or anything like that).
Ultimately it's a two bed with a lovely new kitchen (that's what lured me in the first place!), small south west facing garden, and we would convert the loft to make it a three-bed as soon as we moved in. It's well within our means, even factoring in the loft, but my DH has suddenly got very cold feet and wants to move two stops further away, and stretch ourselves to the absolute max (5 times our joint salary) and buy the "house for life". There's not much available right now, so would mean renting while we wait for the dream home to come up (we don't want to lose our buyer). I really like that cottage, but do see what he means - I am very risk averse, work in an unstable profession, while he has a very stable career that's on the up, with salary rises in coming years. And the thought of another baby put me off stretching ourselves. But will it be ridiculous to buy a small house with small garden now and then have to move in say 6 years? Would we regret buying this small place? Any advice would be most welcome!
Please or to access all these features
Please
or
to access all these features
Join our Property forum for renovation, DIY, and house selling advice.
Property/DIY
Small house - are we making a mistake?
116 replies
Dariastar · 06/06/2016 09:45
OP posts:
Don’t want to miss threads like this?
Weekly
Sign up to our weekly round up and get all the best threads sent straight to your inbox!
Log in to update your newsletter preferences.
You've subscribed!
Please create an account
To comment on this thread you need to create a Mumsnet account.