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To move to a more expensive rental? WWYD

52 replies

babythreeincoming · 24/11/2023 10:44

We currently rent a first floor flat with 3 bedrooms (one being used as my partners office) which is £1540pcm. We have two children (3 and 18 months) and expecting our third come February 2024. There is a communal garden, although it is more for "show" and no ball games etc allowed so we very rarely go down to it.

Just viewed a 4-bedroom house which we have fallen in love with. It has everything we need including a large garden, private gates with parking, office does not take away from the bedrooms and we can host family much easier. Only problem is the rental being £2750pcm so a big jump.

Our 18 month old attends a private nursery 5-days per week which totals £1384.50pcm meaning if we went for the new property he would realistically have to come out of nursery. Our 3 year old is not affected as he attends a public school nursery with the funding. We also have other factors such as an increase in Council Tax.

Really struggling to decide what to do and whether it is worth having our 18 month old and a newborn at home for the next little while or stick it out and find something bigger, just not as expensive.

It truly is a dream rental... just not sure if we are daft?!

OP posts:
Bambooshoot · 30/11/2023 13:33

Well done on your choice, I think space is essential for a growing family and your 18 month old will no doubt adjust to their new sibling much better if they are home with you for a while instead of away at nursery - I hope you are all really happy in your new home!

ScottishWaylander · 30/11/2023 18:22

Yes, remember a bigger house costs more to heat, more Council tax too. Also, if you have a cleaner now (maybe as you both work full time?) You may not be able to afford them for bigger house, leaving you with lots of constant cleaning to keep up. Plus rent might go up.

I would suggest going for a bigger house, yes, but maybe without stretching yourself quite so much.

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