When we bought our house, firstly it didn’t need any building work, and the kitchen and bathrooms were decent enough and fairly new.
We knew we wanted to fully redecorate and change the carpets, and that we’d need a lot of new furniture, so we borrowed the absolute max that we could, which was about £50k more than we needed. This meant we could buy the furniture and accessories we needed/wanted, and get nice new carpets upstairs, build a garden room and landscape the garden.
We also worked our fingers to the bone, doing all the decorating etc ourselves. This took 4/5 months of pretty much solid work with 4 kids and jobs, but it is now pretty much exactly as we want it and we can sit back and enjoy it.
I’m very particular about my home environment so knew from the outset it had to be that way. If we couldn’t have afforded to do it like that we would have bought a cheaper house. I would go nuts living in a project long term so knew that wasn’t for me!
Oh… also we are fairly handy, so did minor work ourselves, hanging blinds, changing light fittings, resiliconing, boarding out the loft, tiling, changing door handles etc