Selling a house

[shuttersaregreen]

I have name changed for this. We moved into a house in Edinburgh six months ago. We bought it in a hurry after years of looking because of a series of circumstances which forced our hand. I hadn't seen it before we made an offer although someone else viewed it for us and i had seen a similar house two doors away. i know the area.
Anyway, the one thing I didn't want was a North facing house. I hate darkness and gloom. It is north facing. It has no bath, something I thought would not be a problem, but I realise now what a mistake that was. There is nowhere to put a bath in. The bedrooms are tiny and I am feeling like i'm living in a rabbit hutch. I am not miserable here, but from the day we moved in I felt no love for it. It doesn't do anything for me and i am beginning to wish the months away until we can sell The problem is the amount of stamp duty we paid, and the fact that we probably won't get back what we paid even if we sold it now.
The property market is very buoyant here, but I feel we need to wait at least two years, probably five in order to make back what we paid and a bit more. It just feels like a massive mistake.

We found the move really exhausting and traumatic, and OH says he can't face moving again for at least 2 years.

Has anyone else been in this situation? I have lived for a long time in a place I didn't like in a house I didn't like before this due to OH work situation and I really want to be happy and in the right house finally. I am not even sure I want to be in Edinburgh.

I know the Edinburgh market and I honestly don’t think you’ll make any money back in 2 years let alone what you spent on LBTT. I think Edinburgh iphaas reached its peak. If you are in a sought after house and location try and sell. You never know you might get a closing date.

Good luck.

Right up until your last sentence, I would have said, put the money concerns to one side and if you can afford it and can find a house you love, then move. Whether you stay in this house or the next one, in both cases you will have paid stamp duty and both houses will ride the market together so what you loose on one, you will gain on the other.

However.... if you don't want to be in Edinburgh.. you have bigger questions to figure out.

Have you decorated? I hated our house when I first moved here. Over time we’ve replaced the flooring throughout, painted everything, replaced the kitchen, fitted French doors, landscaped the garden, completely changed the front, etc etc. There are still things we want to do but I love the house now, even if it’s still not exactly where I would choose to live location wise.

Bath wise, could you squeeze in a Japanese style bath? Like a small footprint, deep soaking tub type option?

Gemme we have spent a fair bit already on the house. We plan to do things in stages due to finances, but don't want to spend a lot if we can't recoup it. I know the Edinburgh market as we have lived here before and sold two houses. I am not sure about whether we want to stay in the city long term. We moved back for family reasons which I am not sure were the right ones now.
We have a limited amount of savings, and they are draining away, most of our capital is in the house.
Murphy - I had had the same thoughts, but the market here has been buoyant for as long as I can remember and it's probably the best place in the UK to buy from that point of view.
The only reasonable option seems to be to stay here a couple of years and then maybe rent it out and move to a rental ourselves. Then sell in five years or so.
I hadn't heard of a Japanese bathtub. Will look into that!