Hi, we are firstly ridiculously excited, we have bought our first home. Property prices in our town are ridiculous & every second hand home that hits the market turns into a bidding war reaching prices we just could not justify so we have bought off the plans in a new development. our mortgage will be 300 pounds less than our rent which we are thrilled about!
However after paying solictiors & after mortgage drawdown we actually have hardly anything left to decorate & buy appliances however the houses won't be ready for another 6 months so we have time to save... advice please!!!!
We didn't want to hit the top of our budget but we were so disheartened putting bids in on properties & being outbid & property withdrawn by seller etc that the most straightforward option was a newbuild. We will be saving substantially on our utlilities as the house is A rated with solar panals etc... I am feeling overwhelmed & we have 2 small children
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Bought in new development & have hardly any money for decr/appliances handholding pls!!!
15 replies
indiana7 · 13/10/2016 23:30
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