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How often have you bought/sold?

20 replies

brightnight99 · 16/11/2021 14:15

I bought a house 6 months ago in a completely new area 100 miles away. I really want to go home. My husband said we cannot sell up after a year as its silly and a waste of money. I was in my last house 15 years so its not like I buy and sell frequently. I have made a mistake. Thinking about the move back is stressing me before I even start! How many times have you bought and sold? Anyone done it within the year and made their selling costs back?

OP posts:
LimpLettice · 16/11/2021 14:27

I've upsized / better area moved a few times in the last decade. I bought my dream home, and then got married and pregnant and had to move within 2 years last time. We love this house but twice in 2 years was super stressful and I wouldn't do it again. It was a waste of money, I don't make anything on the dream home and had to pay all the fees etc so we were out of pocket although that wasn't a major consideration.

However. I moved in the same area, actually on the same road, and it was because we needed more space. I really don't feel 6 months is giving an area a fair chance. Why did you go there? What is it you dislike so much as to go through another move?

brightnight99 · 16/11/2021 14:40

My young adult kids are still back home and im missing them. Also my work situation isnt too good (im self employed)much better where I came from. Im glad I have made a decision to return although my husband thinks we should wait. I think the gap between house prices will widen quickly so really feel it should be done sooner rather that later.

OP posts:
RidingMyBike · 16/11/2021 14:55

What was the impetus for the move and what made you relocate? Does that still apply? And is a move back realistic - are you missing people, better for work etc? The danger is forgetting something made you go in the first place.

I've owned a house for 18 months before moving out (relocated for work and rented it out so I didn't sell it for another 18 months). It dropped £8k in valid during that time plus associated buying/selling/moving costs, but I don't think I could have done that differently as it was so dependent on what jobs came up when.

Have just moved into a rental so we could relocate for work, so will be buying and moving again within the year. Really not looking forward to moving again but it had to be done similarly.

TangoWhiskyAlphaTango · 16/11/2021 15:01

Too many. I just cannot seem to settle except in my last house which was what I call my divorce house I absolutely loved it there. I then got remarried and moved 45 miles away in August and whilst I love the new area I am struggling to settle into the house. I have to stay here for 2 years until both teens are at Uni the I will most likely move again.

In your situation it is not likely you will change how you feel as your family are somewhere else so I wouldnt waste time being miserable, just do it now.

rubyandbel · 16/11/2021 15:30

I have moved to a coastal town. Its lovely. The house is my dream house. The people are friendly and I'm starting to make friends here (I'm quite outgoing) but no matter how much I like it I cannot change my kids not being here and the work situation. I'm starting to feel very down about it. I'm overwhelmed at the thought of moving...

Sprig1 · 16/11/2021 15:36

You may struggle to find a buyer if you sell so quickly. Lots of mortgage companies won't lend on a property that was bought so recently.

Henlie · 16/11/2021 17:07

Where in the UK (approx) are you op? As I know a lot of areas have risen (and are still rising) in the past 6-12months. Obviously this is going to depend a lot on the type of property you’ve bought too.
Maybe get an estate agent round with a view to listing it in January. There’s lots of reasons people need to move after a year.

NotMyCat · 16/11/2021 17:24

Moved too much as a child. Now lived in the same area 18 years, two properties

FuckYouCorona · 17/11/2021 00:16

Far too many times. 14 or 15 times I think. Could be more. Thats buying & selling. If we include renting & places I've lived in for work or with family we're probably heading towards 50 ish. Crazy. Confused

carol115 · 18/11/2021 01:27

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MintJulia · 18/11/2021 01:52

I have bought 1 flat and three houses in 34 years. All doer uppers, the flat lasted 2.5 years, the houses 9, 9 and 10 years so far.

If you are really unhappy, get it sorted quickly. I moved to be with ds's dad, from rural south to Midlands and hated it within weeks. I stayed for a year and tried to find things I liked but it was horrible and I was miserable.

That level of unhappiness is more important than money.

Roselilly36 · 18/11/2021 09:28

Sorry to hear you are unhappy and think you have made a mistake Flowers.

6mths isn’t enough time for the new home to be “yours” and to settle generally. Moving is such an emotional experience, it does to time to calm down.

We moved in Feb, massive downsize for us, and relocation, 3+hours from were we used to live. A massive decision, for DH & I and the responsibility of whether our DS’ would be happy in the new place. We had lived in our previous home for 18 years, the only home DS’ could remember. DH & DS settled really quickly, I took me longer. But once we started decorating and getting jobs done so everything is to my style I am much happier. It was the right move, but it takes time.

My advice would be to think back to the reasons you decided to move, what did you like about your new home & the area. Could you focus on making the new home feel more homely, by decorating etc. I would say give it another 6mths.

Good luck

carol115 · 19/11/2021 00:47

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Flockameanie · 19/11/2021 23:00

We sold a flat a year after we bought it (nightmare neighbour). Worked out for us - we had fixed it up a bit and made a good profit. But we sold at top of market. There’s no harm in putting yours on market and seeing if you get any bites - that was our approach and we ended up going to best and final offers…

SD25 · 19/11/2021 23:11

I would give it more time. It's normal to have these feelings in the first year, it's such a big life event and change. Stick it out a couple of years and then make a decision.

Hebeee · 20/11/2021 01:17

We've bought and sold about eight times. The longest we've ever stayed anywhere before selling was ten years, the shortest was just over three years. We bought our current home almost four years ago and will probably sell in the next year or two.

Tbh, since we sold the ten year house, I've struggled to settle anywhere so can feel your pain, OP. All our most recent moves have been long distance (150-200 miles) and whilst DH has settled in fairly easily in all the new locations, I haven't...yet I wouldn't say it was as a result of missing my home town as I don't think I'd choose to move back there. I just don't feel I've found the right place, lol!

We have agreed that we'll finish the work on this house then decide whether to sell or stay.

Previously we've both lost money and made a profit on the various moves, but imho if you're not happy somewhere it's better to bite the bullet and sell rather than assume you'll grow to love it. I tried that with a couple of houses and despite chucking loads of £££ at the problem, the feeling just wasn't there.....

instantpotnoodle · 21/11/2021 07:33

We’ve moved 3 times in 11 years but we’re now selling our house we moved into 15 months ago to make a huge move to the other end of the country.

ESGdance · 21/11/2021 18:00

Are your DCs likely to stay where they are / you were long term?

What does your DH want to do?

Lots of people take decisions that they couldn’t have foreseen the emotional impact

  • it’s not a problem to acknowledge this and then address it.

It would be worse to exist miserably indefinitely.

NRTzimAka · 30/11/2021 14:07

I moved in a detached house that I found on this site paradisedevelopments.com/ earlier this year, and decided to upgrade from a townhouse into a detached single-family home. I wanted to move out of our older townhome a little bit earlier but we decided to wait for around 5 years after we bought it before selling it and buying a new one to minimize financial losses since the property's value went up. Staying in the house that you bought until your mortgage is up would be ideal but if you really are looking to move elsewhere, then waiting around 5 years is ideal, but waiting longer can also minimize your financial losses, or even help you gain.

CrimbleCrumble1 · 30/11/2021 14:23

I’ve sold three times and bought four times. I only lived in my first house for 16 months (luckily it went up in value by 20%). The house was nice but I knew I wanted to live in another area. Second house was 3.5 years, third 12 years and current 9 years.
I think I have 2 moves left.

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