To make an offer on this house even though we won't be able to move in for another 6 months?

[CeaseAndDesist]

I've fallen in love with this house:

swoon

We were planning to move after ds has completed A-levels this summer. Obviously there is uncertainty around what form these will take, but we didn't want to disrupt him until they're done and dusted either way.

But I am a little bit gutted because this place has everything we'd be looking for - size, style, location, budget - and these sorts of properties tend to go quickly.

We could, probably, get a mortgage for it. We are FTBers so no chain. We currently live with family.

I'm completely insane, right?

I would need a DiP, not an actual offer, I believe.

Love the idea that I've put this up because it's secretly my house and I'm trying to drum up interest. Everyone on this thread hates it

I do realise I have rose-tinted specs on. I wouldn't offer without seeing it, probably more than once.

Erm, I was just looking at this house on Rightmove about 10 mins ago(!)

OP
Have you thought about parking?

It's not fair on other people in the potential chain for you to stall on purchasing. Ours took 3.5 months late last year, and we had someone stalling even then, would have been under 3. It cost us an extra cars £2000 in rent because we couldn't give notice at the right time (no mortgage so it was extra). There's a good chance it will still be on the market, you could even put an offer in with a proposed delayed completion date (might suit the owner) but you need to be honest

@movingonup20

It's not fair on other people in the potential chain for you to stall on purchasing. Ours took 3.5 months late last year, and we had someone stalling even then, would have been under 3. It cost us an extra cars £2000 in rent because we couldn't give notice at the right time (no mortgage so it was extra). There's a good chance it will still be on the market, you could even put an offer in with a proposed delayed completion date (might suit the owner) but you need to be honest

I don't think I've suggested stalling? Just not actually moving in immediately.

Anyway it's chain-free and so are we.

That is cheap for a big 4 bed townhouse! It would cost about £950,000 in my town in Kent! Some people are so insular - no idea what things are like away from their own teeny tiny world!

@WonderEwe25

Am I the only one that is baffled at a price tag of 400k for a terraced house?!

It's because it's dahhhn saarf.

You couldn't pay me to live in Kent. No way. Maybe 30+ years back, but not now. And I wouldn't pay £40K for that house, let alone £400K. The decor and design inside is hideous. 🤢

@movingonup20

It's not fair on other people in the potential chain for you to stall on purchasing. Ours took 3.5 months late last year, and we had someone stalling even then, would have been under 3. It cost us an extra cars £2000 in rent because we couldn't give notice at the right time (no mortgage so it was extra). There's a good chance it will still be on the market, you could even put an offer in with a proposed delayed completion date (might suit the owner) but you need to be honest

She didn’t suggest stalling?

What’s really baffling is how people cannot understand there are differences in house prices and values in different areas of the country

Every. Single. Thread. About. Houses.

Apart from the admittedly slightly random kitchen I think the decor is pretty bland, if anything!

The dollhouse link thing is pretty cool.

I think it's bloody gorgeous OP and I've painted rooms in those exact mix of colours. Thought I was looking at my old house at one point!

Yes, buy it. If you love it and you need it and you can, don't let a few weeks cheat you of it, you might not find anything you like half as much.

@ShirleyPhallus

What’s really baffling is how people cannot understand there are differences in house prices and values in different areas of the country

Every. Single. Thread. About. Houses.

I think it’s people who don’t own or understand prices differ across the Uk. The folks who get all sniffy tend to be the ones who can’t afford to buy at all

@CeaseAndDesist

I live in Margate

There are houses in Birchington Minnis bay etc westbrook Westgate

That you will get in a safer area with easier parking for that price with a similar style

Ramsgate has massive parking issues

Schools are better this way too, how old are your kids?

Have you had a look?

You're not mad btw to just go for one if you find it and are in a position to do so

There are a lot of teaching vacancies in Kent

Well no, it’s the other way around. A mortgage offer is on a specific property, so you need to make an offer on a property before applying for a mortgage on it

Your half right in that a mortgage is for a specific property, but you can’t put an offer in on a house without a mortgage in principle. (I work for a mortgage company)

So she needs to speak to a mortgage advisor and they’ll tell her whether they would be willing to offer her one.

What the hell is with that last picture? Why not just put a floor plan?

@cultkid, we like Margate too

We don't have school-age kids so not bothered about schools. We don't really use a car much but obvs parking is a bit of a consideration, not a deal-breaker though.

I know about the area's reputation. It's not ideal of course, but I've happily lived most of my life in a town that makes MNers shriek in horror anyway, so again it's not the biggest issue for us.

Is your heart set on Ramsgate as opposed to say Deal or Sandwich - which are prettier towns?

@Turnedouttoes

If you live far away do you actually know what Ramsgate is like? It’s not somewhere I’d be paying £400k to live but each to their own

This!!

@VinylDetective

Well no, it’s the other way around. A mortgage offer is on a specific property, so you need to make an offer on a property before applying for a mortgage on it.

You need to have a mortgage in principle for a maximum before you can even view a property these days.

This Exactly!

@PregnantGotCovid it's a 3-d walk-around, if you click on the video link it will take you 'into' the house through that weird picture.

It looks like a good solid very stylish house with curb appeal imo.
Why not go for it if you can.

[quote CeaseAndDesist]@cultkid, we like Margate too

We don't have school-age kids so not bothered about schools. We don't really use a car much but obvs parking is a bit of a consideration, not a deal-breaker though.

I know about the area's reputation. It's not ideal of course, but I've happily lived most of my life in a town that makes MNers shriek in horror anyway, so again it's not the biggest issue for us.[/quote]
But have you actually seen the house and its location?

I know covid and all that and I have done some mad things in my time but spending 400k on a rather tired looking house on the basis of an "on lkne viewing" would be a step too far.

"We could, probably, get a mortgage for it. We are FTBers so no chain. We currently live with family"

Without a mortgage agreed in principle, I doubt you're proceed able at the moment.