I have to look at buying another house soon (marriage breakdown). Aside from wondering about getting another mortgage (currently mortgage free but will have to give stbx his share) I’m wondering what sort of house I should be looking for. Family home is 4 bed detached house built in 2000. Two bedrooms are empty and I have to pay a gardener to keep on top of the garden and front (large bush/large driveway). I also pay £100 a month for my daughter’s bus pass for school (Catholic school across the other side of town).
So, living in a bigger house with all of the bills associated with it means I’d probably be best downsizing to a 3 bed. Son stays here too sometimes so I would need a 3rd bedroom.
I love older houses as they have more character and charm. I look at new builds and find them lacking in character and they look as if they’ve just been thrown together at speed. I also hate how new builds sit in an estate with gardens having each other and no privacy. However, with the cost of living ever increasing, I am conscious that an older house will be ££££ to run.
Would it be a better move to get a new build?