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What would you do?

26 replies

lluih32 · 07/12/2022 10:21

Been trying to move house since September. Our house went under offer 1st weekend of September and we've been trying to find somewhere to move since then. Offered on 5 to 6 properties but lost out to cash buyers and because we're in a chain. We have managed to get our last offer accepted but it's on a small two bed flat with no storage and realistically it's crap. Feeling super stuck. Do we just buy it cos that the only thing we can get, do we pull out and piss of our buyers, do we just stay put? It all just feels pretty impossible. To top it off - just checked house prices - and prices in our area have fallen but everything in the area we're looking at is still going to best and finals. I really really hate house buying and after yet another sleepless night, it all just feels like its too much

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snowspider · 07/12/2022 10:30

It sounds like you won't be happy in the flat so don't be stressed into buying it. Best and finals will end in the new area eventually so if you can hold out until they do that would make sense. But as you know you might lose your buyer while you wait. If it was me I would still not buy the flat, but I don't know what your reason for moving is?

lluih32 · 07/12/2022 10:53

So our reasons for moving are to be closer to my child's school and better commute. We are currently 2miles away from her primary school. I also like the area a bit more but the point is more commute/school

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snowspider · 07/12/2022 11:34

In that case I would hold out even if it meant losing my buyer.

RidingMyBike · 07/12/2022 11:55

It's not worth buying somewhere you don't like just for the sale of it. I'd keep actively looking but keep your buyer/estate agent informed. You run the risk of your buyer getting fed up of waiting but equally they risk going back to the start of the process.

Do you have any other options to break the chain - moving into rented or with family for instance? Not to be taken lightly. We're currently in rented and waiting to move into the house we've bought. It's an expensive option and means moving twice but did mean we were chain-free so made us more appealing as a buyer and has also meant we can do a house renovation before moving in.

RidingMyBike · 07/12/2022 11:56

Sake not sale!

Roselilly36 · 07/12/2022 12:02

Moving is expensive, so unless, I was totally happy with the onward purchase, I wouldn’t be moving. We moved last year, if we hadn’t found the property that we did, we would have pulled out of the sale. Good luck OP, I hope it all works out well for you.

ChristmasCakeAndStilton · 07/12/2022 12:04

Don't buy a place you already feel is crap.
Sounds like even if you loose these buyers, there are still plenty of people looking in your area.
House moving is expensive, and very stressful. Don't set yourself up for a costly disappointment.

lluih32 · 08/12/2022 12:10

I guess everyone thinks that moving somewhere we are not happy with is not good enough. It's just such an unpredictable time that the thought of losing our buyer seems very stressful. However, losing our mortgage offer and moving into rentals would be an extra 20-30k care in the short term and god knows how much in the long run with debt on a higher rate.

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ScaredSceptic · 09/12/2022 01:01

You're moving to be closer to your child's school but you only live two miles away from the school now? Or was that a typo?

fancyacuppatea · 09/12/2022 07:01

If you're not in love with the new flat now, why are you buying it?
I get it's a bit closer to a school/commute...but is where you are now far smaller and really awful in comparison?
Is it really worth the money and the whole trauma of moving if it's to somewhere you don't actually like?

Zonder · 09/12/2022 07:05

ScaredSceptic · 09/12/2022 01:01

You're moving to be closer to your child's school but you only live two miles away from the school now? Or was that a typo?

This. What is your current home like? Is the 2 bed flat an improvement? If not no way would I move to save a 2 mile commute.

lluih32 · 09/12/2022 07:07

So although its only 2 miles, we have to walk it and so it takes 40mins each way. She is only in reception so it's quite taxing and she is miles away from all her friends. So the plan was to do this for a bit and then move closer. We just haven't been able to find something

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ScaredSceptic · 09/12/2022 10:04

It would be cheaper to learn to drive/buy a car than move to a property you don't like

lluih32 · 09/12/2022 13:01

@ScaredSceptic Unfortunately she has really severe motion sickness and cant handle cars. We've got one - she just refuses to get into it ;-) I do occasionally bike her across but it's a bit scary on all the main roads. But yes I think the message - dont buy something that you dont like is probably a good one

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Heronwatcher · 09/12/2022 14:23

Don’t buy it. What about letting your sale go through (obviously don’t rush it!) and going into a rental for a few months? Airbnb’s etc can be decent value over the winter especially after Christmas. I suspect more properties will come on the market after Christmas/ in early spring.

MerryChristmasToYou · 09/12/2022 15:12

I'd walk the 2 miles or plonk the DC in the car.

Roselilly36 · 09/12/2022 18:19

Most people feel excited about a new home, if you don’t, that’s a red flag. A reception child walking that distance, will not happen twice a day, they will be way too tired, so car will be necessary, I know motion sickness is also, take spare uniform and a bowl just incase.

hedgehoglurker · 09/12/2022 18:50

lluih32 · 09/12/2022 13:01

@ScaredSceptic Unfortunately she has really severe motion sickness and cant handle cars. We've got one - she just refuses to get into it ;-) I do occasionally bike her across but it's a bit scary on all the main roads. But yes I think the message - dont buy something that you dont like is probably a good one

Does she ride backwards facing? If you have the option of driving, try to help her with the motion sickness. I'm an adult and still get motion sick easily, but there are things I can do to mitigate it, especially for a short journey. Forward facing, air on face, head up to look out - not down, etc.

lluih32 · 09/12/2022 22:33

Honestly she just vomits after 5mins in a car or even on a bus - there is a bus but we're yet to make it to school without her vomiting. We have been commuting her since September - sometimes she just scoots other times we cycle her there. But especially now that it's cold and dark, it feels very miserable. She's not the only one who travels to school, not that this makes it much better

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Starseeking · 09/12/2022 22:53

Don't buy a property that you don't even really like...by the time you complete, you will probably hate the place. I'd keep looking if I was you.

Zonder · 10/12/2022 07:51

I'd see the Dr with motion sickness that bad. Otherwise she's going to have a very limited life.

MachineBee · 10/12/2022 07:58

Don’t buy. You may or may not lose your buyer - some will hang on - just be straight with them.

A cooling house market can work in your favour if you’re moving up to a bigger property. I benefitted from the 90s crash and ended up with a much better detached house than I could have afforded when I first tried to sell.

lluih32 · 10/12/2022 08:18

@MachineBee thanks. The strange thing is we're not uprising just moving from one area to another and our area seems to be going down in prices unlike the area we're trying to buy into. So our house has gone down in value but not property in the other area

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gianfrancogorgonzola · 10/12/2022 08:21

Do NOT buy the flat. Absolutely no way, pull out now.

have you seen the doctor about her motion sickness? how do you plan to holiday / visit family etc? I’d look at sorting this before moving, it’s going to be impossible to live a life where you never travel in a car / bus / coach.

MachineBee · 10/12/2022 12:21

lluih32 · 10/12/2022 08:18

@MachineBee thanks. The strange thing is we're not uprising just moving from one area to another and our area seems to be going down in prices unlike the area we're trying to buy into. So our house has gone down in value but not property in the other area

It may just be that the falls aren’t showing in your area yet. But I still wouldn’t buy something that wasn’t mostly right for me. No property is ever perfect but it should always feel right to you. Could you ask to view again to be certain in your head abut why you don’t like it?

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