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Original poster

Buyers remorse

42 replies

moveblues · 18/06/2021 07:47

My OH and I have moved into the wrong house in a new place. We aren't sure on the area despite having done lots of research before (it's nice but turns out not 'our kind of place' for various reasons). The road is a bit busier than we expected and the house while lovely, just doesn't quite feel right for us. I felt it in my bones days after moving in 6 months ago. It still hasn't shifted. Probably not helped ironically by the fact that it's done up well to someone else's taste and not ours. We wanted a bit of a fixer upper and this isn't that. It's like a show home!

We (mostly me) are tempted to put it back on the market. I feel utterly stupid as I usually make good decisions and this time seem to have made a crap one!

Husband is more accepting of it but also not happy

I'm worried house prices will fall a touch and when we come to be really sure it's not right (moving from current 95% to 100!) it'll be too late

So Mumsnetters, would you ride it out or would you get it back up on the market?

OP posts:
snowspider · 19/06/2021 18:15

@HappyBunn

Can anyone tell me what it’s like to live in Clunderwen, near Narberth.I’m relocating from Cardiff for more outside space.
That's pretty niche question! It's an the A478 which can get quite a few lorries and for the area a busy road. Narberth is a nice busy town with some expensive shops in. Clunderwen is rural, I would say not the biggest draw in Pembrokeshire. It does have a station.
Sspeechmum · 19/06/2021 18:21

Is sladegreen a good area to live, close to the sladegreen station?

DaphneduM · 19/06/2021 18:48

Clunderwen is surrounded by great countryside - the Preseli Hills are beautiful for walking in. We have family who farm around there - and are very traditional - as their family have lived there for many years they have an amazing local network. Narbeth is lovely - quirky shops, good quality delis. It's a lovely area and a central location for the rest of Pembrokeshire. About half an hour to the beach too.

HappyBunn · 19/06/2021 19:48

Thanks to both replies. The house I’m hoping to buy is not on main road and more isolated and rural is good for us. I was more concerned about whether the area was troublesome or regarded as being “ not nice” for whatever reasons. As long as I’ve got some good safeplaces to walk my dog I’ll be happy.

starpatch · 19/06/2021 20:28

You need to start your own thread Happy Bunn that way people will see your title and people who know the area may respond.

flashbac · 22/06/2021 21:05

How are you feeling OP?

Original poster
moveblues · 23/06/2021 08:53

@flashbac

How are you feeling OP?
Lots of food for thought here. Thanks for asking flashbac. I've called the agent and they've given us some options. The tricky part will be trying to find somewhere in the current market.

Going to hopefully discuss with DH this evening over a pizza. He wants to stay but more 'make the best of it' than anything else, and in my mind life is too short for that, but let's see...

It's a lovely house, it really is. It's just not right for us and I don't wanna get stuck here if prices plummet!

OP posts:
Original poster
moveblues · 23/06/2021 08:59

@moveblues

My OH and I have moved into the wrong house in a new place. We aren't sure on the area despite having done lots of research before (it's nice but turns out not 'our kind of place' for various reasons). The road is a bit busier than we expected and the house while lovely, just doesn't quite feel right for us. I felt it in my bones days after moving in 6 months ago. It still hasn't shifted. Probably not helped ironically by the fact that it's done up well to someone else's taste and not ours. We wanted a bit of a fixer upper and this isn't that. It's like a show home!

We (mostly me) are tempted to put it back on the market. I feel utterly stupid as I usually make good decisions and this time seem to have made a crap one!

Husband is more accepting of it but also not happy

I'm worried house prices will fall a touch and when we come to be really sure it's not right (moving from current 95% to 100!) it'll be too late

So Mumsnetters, would you ride it out or would you get it back up on the market?

Thank you all for your replies... lots of thinking to do! Good to hear that we aren't alone too
OP posts:
Gladimnotcampinginthisweather · 23/06/2021 09:09

I hated the first house we bought. DH (who wasn't in it much because he was out 7 to 7 most days, sometimes away overnight) was ok with it. I was a SAHM. We moved after 5 long years!
It really does depend on your individual circumstances. Our next house felt like home from the moment we moved in.

Spandrel · 23/06/2021 09:18

I get the traffic issue (we also bought a house last year and are only just realising that our road is busier than we’d expected as things resume), but I’m curious as to what else makes the ‘nice’ area not quite right for you?

Original poster
moveblues · 25/06/2021 08:31

@Spandrel

I get the traffic issue (we also bought a house last year and are only just realising that our road is busier than we’d expected as things resume), but I’m curious as to what else makes the ‘nice’ area not quite right for you?
The road is a major factor. I lived on a B road before and it wasn't this bad. Never knew I had such sensitive hearing to be honest!!! there are pros to it as well but it's just not for me.

Otherwise it's pretty ok area wise.. it's just not feeling like home. We lived in quite an exciting urban area before and this is quite different which is what we thought we wanted but apparently not as much as we thought
Grrrrrr. I do feel annoyed with myself for making such a huge error!!

OP posts:
Original poster
moveblues · 25/06/2021 08:36

We have decided with the agent to put it back on the market. I feel relieved! We can try at least. The area is very popular in the broader county and there are very few houses around with lots of demand, so I'm hopeful. Agent thinks we will get more than we paid but if not we will need to weigh up the expense of moving again vs staying a bit longer.
I really really didn't want to find ourselves in this position and I am not looking forward to searching again but whatever happens at least we have learned a lot from the experience Blush

I'm just glad DH is on board.

OP posts:
Original poster
moveblues · 25/06/2021 08:41

The other factor I didn't mention is we definitely punched at or slightly above our weight in terms of the mortgage on this. We got a good deal at 25% ltv deposit but it means there isn't much cash left over at the end of the month to do things to the house (which also doesn't really -need- anything doing to it) making it hard to justify changing it, and adding to the 'this is a very expensive holiday home' feel Sad

OP posts:
Mintyt · 25/06/2021 09:57

I brought a house that was on the market soon after the owners had purchased it, they said it was all they could afford but regret it, I lived 18 very happy years there. I have since moved and have been in this house for 15 years but still love the other one more, sell it if you are not settled

WombatChocolate · 25/06/2021 17:22

Well, hopefully now you have a much stronger sense of what you really want and what you can really afford and feel comfortable.

Of course it would have been better to know these things in advance and not make an expensive mistake. However, 6 months in, you probably know if these are genuine big issues for you or just first couple of weeks’ ‘buyers remorse’.

And you can try and market it and see what you find.ll.nothing lost by looking. If a buyer doesn’t emerge or you don’t find anything, you can take it off the market and be in no worse position. At least it isn’t the case if you HAVE to move within a timeframe and can take your time….you won’t want to rush into anything again will you!

Sum2021 · 01/07/2021 18:08

I'm glad I found this thread. We completes yesterday and feeling major buyers remorse. I feel we overpaid for the house and it looks a lot smaller than when we viewed. We viewed twice and pressured into offering as so so much interest in London properties. Its our first home and not the worst and a lot of potential. It needs renovation also so thinking of investing the minimum and see how we feel in a year or so. If prices continue to increase might consider putting back on the market if not see if we can invest more into extensions etc and make it 'our home'.

Curiouscatt · 11/12/2023 10:34

@moveblues how did things turn out in the end?

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