It’s been a turbulent few years. In 2020 we purchased our forever home. DH had his own contracting business and was earning well, my own business was about to have 3 very busy years followed by 2 much quieter ones. DH had to pivot and take on a permanent roll, which came with a paycut due to a multitude of reasons and my own business has been a lot quieter (as everyone else within my industry has found) for a couple of years now.
Our mortgage rate has doubled. We have been gripping onto our home best we can but it’s getting to the point where we don’t have enough money to do much other than survive. It’s been tough.
We are slowly accepting we need to say goodbye to our detached, 5 bed in a desirable location and downsize, potentially to a less desirable location to make a dent in our mortgage. Our property has increased in value by about 200k and it’s a chance to take that money and buy something smaller with a smaller mortgage BUT I am so sad.
i didn’t realise how fond I’d grown of our home until we’ve really started considering selling. I keep looking at photos of special memories made here, looking at the garden and the kids bedrooms just how they want them and CRYING. I’m grieving a house. Who’d have thought it.
Has anyone else been in a similar situation being forced to downsize and relocate a little (albeit locally). I feel like we are going backwards and feel sad that our kids won’t have a “family home” to remember as we’ve always ended up moving due to finances previously, followed by a short period of stability and now this, AGAIN.
I need to count my blessings that we can afford our own home of any size and get a grip, I know. We are blimmen lucky but today I feel sorry for myself and sad to say goodbye to what I thought was our forever home.