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To sell or not to sell - our house

31 replies

ginorwine · 01/09/2016 07:52

We have lived in our house for 14 years . It's a very tall 4 storey terrace .
We are struggling financially to keep it up as when we need roof looked at , window s to be painted a scaffolding to be put up at £ 300 before any work done .
The windows are wood and will need replacing at some point .
We really love the house as we have estuary views from 3 floors . We have good neighbours and the neighbour hood is safe and friendly with a ten min walk into town . We have 30k on mortgage in mid 50 s.
But- my Dh is in a senior job and he comes home exhausted . We have 2 Dc one about to go to uni the other next year. To support dc 1 at uni we think we will need to pay his rent at 500 pm as its 6k a year .his loan is only 4,100 .
So I have an exhausted husband - he wants to work but less stressful long hrs job . I earn v little due to a health issue .
A Dc going to uni .
We viewed a house y day that is smaller in ok area - we Wd be mortgage free and have 30 k left .
My Dh looked so sad at the thought of moving -he had tears in his eyes .
We may not get the other house as we have not sold .
We can either stay here in what is a beautiful money pit which we both love or move . I feel like I've swallowed a stone - my gut says don't my head says do it .

OP posts:
ginorwine · 12/09/2016 18:51

Thanks all for support and chance to air feelings .

OP posts:
ADishBestEatenCold · 12/09/2016 20:54

"I like the house but not the area"

"I can't get a semi in our area it's all Victorian terraces or cottages"

There are more areas than these two ... keep looking. Good luck!

GoldFishFingerz · 12/09/2016 23:32

Wait till you find a smaller house in your area.

PikachuBoo · 12/09/2016 23:49

Location, location, location.

Do not move to an area you don't like when you have the choice.

A £30k mortgage is minuscule! You say you have high housing costs. If you mend your house, your costs may go down and you can let to Air BnB if your area is popular.

ginorwine · 13/09/2016 12:31

Pika
I kno its not large but my Dh is 3 years off retirement in his current job as he will go at 60 . He cd get a part time one tho as will I .
I think we are flapping !

OP posts:
EnriqueTheRingBearingLizard · 23/09/2016 13:43

I think you need to downsize but need to look at different areas. The alternative house you found is definitely not for you. Cast your net differently.

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