We are ftb and are looking to buy a place in the next few months or so. We live outside London (work in London so cannot/don’t want to move to other cheaper parts of the country) and our budget can only get us a (nice) 2 bedroom house or potentially a small 3 bed that needs a lot of work.
DH and I would love a 3 bed as we occasionally have family visiting from abroad and it’s useful when working from home, however, it is more a nice to have than an essential. AIBU thinking that perhaps we’d be better off buying a smaller house given we only have 1 DD and do not desire another child?
I feel this pressue from society of having to get the bigger house when in reality 2 bed could potentially be enough for us and if we had a smaller mortgage we could have a better lifestyle and afford more holidays and activities for DD.
What is your view? Anyone on the same boat who has regretted/not regretted doing this?
ps: I appeeciate many people on MN might be from different parts of the country, used to living in massive countryhouses and this sounds like a miserable solution, however, DH is a Londoner and I grew up in a flat being from another EU country (where it is absolutely normal for families to live in flats in the city) so we don’t mind smaller spaces