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Regret house purchase

6 replies

Greencats · 09/12/2021 15:44

Hi all.
I'm after some advice as to the best way forward. I bought a house in March this year after a divorce, in hindsight it was a very rushed decision as I was desperate to have our own space. I did have my doubts but thought I was being practical, which in many ways I was I suppose. I just don't like living here . I want to move back to be closer to my friends but feel selfish for feeling that way, and don't like the idea of uprooting kids. I'm wondering what my options are, I was very fortunate to be able to buy it outright with proceeds from divorce, would it be better to sell it (after 8 months, is that a good idea?) or maybe do a let to buy? Any advice much appreciated, I need to make a change and not sure the best way to go about it.
Thank you for reading.

OP posts:
Blahdyblahbla · 09/12/2021 15:49

How far away have you moved, have the dc moved schools etc? 8 months is probably still very raw, I'd let it settle for a bit longer.

Dillydollydingdong · 09/12/2021 15:50

Lots of options. You might find this house has increased in value so that it's worth selling.
Or go back to your original area and rent something there. You could rent current house out. Beware though, tenants can be a pain in the backside!
Have you discussed it with kids? They might be pleased to move back.

user1471538283 · 09/12/2021 16:34

Sell and go. Your children will soon settle again. I was ready to sell after only 5 months in our last house. If it isn't right, it isn't right

greencats · 09/12/2021 19:40

Thanks for the replies, it's helped to voice it and get a few opinions and to know I'm not being ridiculous. They haven't had to move schools, we had quite a journey before so I purposely moved closer. My youngest dc both seem to like it here as they have made friends with nextdoor's kids so I think they would be upset to go. But I feel so out on a limb here and it just doesn't feel like home. I think I'll start by getting a valuation in the NY and take it from there.

OP posts:
parietal · 09/12/2021 21:55

I think you should think about this more carefully. what do you like about the new house? what do you dislike about it? Is this regret specific to the house, or might it be a general feeling that life is difficult (covid / winter etc).

If you are unsure, stay put for a year and see how it feels in the summer.

Bluesandwhites · 24/05/2022 13:39

@Greencats
I have only just read your thread, posted last December, can you tell us what the outcome was, have you sold the house? I am just 3 weeks after moving in to a flat, and it's been a nightmare, I would like to sell this property, but because the ink is not dry on the exchange, solicitor does not have the deeds back from the Land Registry yet. I hope you are on the way to moving back to wherever feels like home.

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