We are coming to the end of our fixed fee period on our mortgage and DH and I are getting into so many arguments about what to do next.
we live in a lovely Villiage in a 3 bed terraced home. We purchased the house before having DD and naturally thought ‘oh it’s got 3 bedrooms that will do for a family home’ no, no, no. Within a few months we ran out of space and are now very cramped - especially since I now permanently WFH.
Biggest issue is that in the last 5 years DH has put down a lot of roots in the Villiage, he is on our church PCC, is a Villiage counsellor and a member of the parish council. We both love the area but it’s hard to find any houses in our budget. The Villiage is tiny so very few houses come up for sale, and most are £1ml+ as they come with lots of land (it’s a farming Villiage so most of the 4 beds have acres of land, which we don’t need!)
DH wants to stay put and do a single story extension (we couldn’t do a double as it would block light either side) and convert the loft into an office as it’s not suitable for a full loft conversion.
I want to move into a different Villiage locally, where houses are a bit more attainable. But still at the very top of our affordability.
My biggest argument against doing the extension is it wouldn’t add much if any value to the house really, as it’s still a small 3 bed up top (2 small doubles and a single) it also wouldn’t address most of our issues regarding a lack of storage and living space.
If we move the type of home we could just about afford in neighbouring villages would have a garage and 4 bedrooms so it could be a more ‘forever’ home
DH is concerned about maxing out our affordability now we have DD and everything is just getting more and more expensive.
What would you do?
YABU - DH is right extend and stay put
YANBU - move and max out your budget