Definitely not a stealth boost but I’m in conflict right now in what to do. I can’t talk to family / friends due to their personal situations and it would be unwise and unfair.
We’ve been saving for years, for a “rainy day” and our investments mean we now have enough to purchase a decent caravan or put a deposit down in an apartment.
DH wants to buy a place and I’d prefer that over a caravan. If we do that, it’s a commitment.
We wouldn’t rent out (perhaps to family/close friends) and would have all holidays in that location (looking at Devon). It would mean no holidays abroad (normally once a year) but more time spent in that location (one of us in education so half term and summer holidays could be at the holiday place). The area we like we know fairly well.
These are the types of places we’re looking at:
www.rightmove.co.uk/property-for-sale/property-72298794.html
www.rightmove.co.uk/property-for-sale/property-71549115.html listed building so I’m a bit put off
www.rightmove.co.uk/property-for-sale/property-82926667.html
Then in the next breath, the panic sets in and I think about risk of being out of a job / how others are less fortunate to not even have one house let alone too (guilt) / the pressure to keep a second home.
Anyone made a decision like this and regretted it? Do the benefits outweigh the potential risks?
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Would you buy a holiday home and sacrifice holidays abroad?
87 replies
WhereIsTheSaladDoris · 07/08/2020 15:04
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