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Moving after only two years?

19 replies

Peckhaminn · 06/01/2023 00:35

I've seen a house in my area - Redrow new build - that is just BEAUTIFUL. It's exactly the style I'm looking for, country classic house.
We currently live in a Taylor wimpey new build and have been here two years. We have just finished an extension and replaced the garden but this redrow house is big enough to stay in forever. I'm really debating going to view it. We can just about afford it but I'm not sure with stamp duty if it would be worth moving especially at the moment? Any one ever done this?

OP posts:
NewHouseNewMe · 06/01/2023 00:43

I moved after 2 years in a new build. It turned out it wasn’t for me - parking wars, little scope to extend, lack of storage etc.
We didn’t make or lose money but that was fine given it was only two years.
What is it about your current house you don’t like?

Baconand · 06/01/2023 00:52

We move a lot, it’s been expensive but equally we played the market well. Now in a long term house in dream location but before that we moved 3 times in 7 years with 2-3 year stays. Without increasing the mortgage we went from houses at under £200k to over £500k in the same area. But yes a lot spent on estate agents, solicitors, mortgage fees and stamp duty. But it got us what we wanted (and couldn’t afford to start with) and the short term houses delivered.

If it’s what you want then life too short, it’s worth a go. Tricky market now though! We did it just before CoL hit.

Twiglets1 · 06/01/2023 06:46

It’s not a bad time to move house if you are moving upwards. Yes you will probably get less for your house than you would a year ago, but you should also be able to negotiate strongly on the price or extras given in the new house.

SmokeyPaprika · 06/01/2023 06:50

If it's your forever house then you should move. Eventually costs will balance out. Definitely go and see it as houses are often not what they seem.

Inapicklee · 06/01/2023 06:59

We are in the process of doing this.
Made the offer on the new house 18 months after buying.

I’m just not happy in current house and location and circumstances have changed so we can afford to relocate to my dream house.

We were fortunate that our house value increased significantly in this period so even with the stamp duty/moving costs, we have increased our equity significantly.

Life is too short!

Dougieowner · 06/01/2023 07:38

We moved into a Redrow newbuild last year and can thoroughly recommend it, they are certainly one of the better developers.
A friend has lived in a TW newbuild for about 6-years and can't wait to move out (they are doing so this year) as the build quality is just awful. When they saw our house they said the two just don't compare.

Just out of interest, what is the RR house type you are looking at?

Wonnle · 06/01/2023 08:04

We've been where we are now for 16 months or so and would move tomorrow if we found somewhere we liked .

Been looking since we opened the door to this place .

RidingMyBike · 06/01/2023 10:27

Consider why you want to move - if it's into a forever/long term home then the extra costs will be worth it. If it's a 'grass is always greener' type situation and you'll have a honeymoon period in new house and be equally frustrated after that then probably not.

SollaSollew · 06/01/2023 10:51

We've done it, moved 3 times in the last 9 years and I don't regret it at all, they were all stepping stones to where we eventually wanted to get to which we couldn't have afforded in one go.

Greenfairydust · 06/01/2023 14:49

Also one thing to consider: I am looking to buy somewhere and I always check the property history and I would be concerned if the owner had only lived in the house for 2 years or less.

I would wonder if there is an issue if a house has been bought and sold several times (noisy neighbours for example) in quick succession and probably would give it a miss or I would at least want a reasonable explanation (such as the owner needing to relocate to a different area). Just saying that you have seen a house you like more would still make me wonder I must say.

good96 · 06/01/2023 15:30

If you feel that it would be your forever home then it’s definitely something to consider.
I would arrange to view it asap so if you are still interested after the initial viewing you can place offers in..
A lot of people buy new builds and realise it’s not for them for the said reasons mentioned above.

Ally345 · 06/01/2023 15:46

Moved earlier last year after 2 years (also from a Taylor Wimpey new build). If you aren't going to lose a huge amount of money, then go for it.
In order to avoid capital gains tax (if you receive a profit from your sale), you will need to have had lived in your primary residence for 2 years (I moved on the exact day to avoid it).
Given market, if you are selling, would put significant effort into staging and decluttering.

Peckhaminn · 06/01/2023 17:22

Dougieowner · 06/01/2023 07:38

We moved into a Redrow newbuild last year and can thoroughly recommend it, they are certainly one of the better developers.
A friend has lived in a TW newbuild for about 6-years and can't wait to move out (they are doing so this year) as the build quality is just awful. When they saw our house they said the two just don't compare.

Just out of interest, what is the RR house type you are looking at?

We are looking at the Oxford Lifestyle type build. They are beautiful!

OP posts:
Peckhaminn · 06/01/2023 17:22

Thank you everyone.

There's not really a reason to move, but we are semi detached and struggling with space and we have had so many problems with the house we just can't be arsed to stay here. Also, the estate is so close together I feel I live on top of all my neighbours!

OP posts:
Dougieowner · 06/01/2023 17:55

Peckhaminn · 06/01/2023 17:22

We are looking at the Oxford Lifestyle type build. They are beautiful!

Nice house.
I can see why you are taken with it and I don't blame you.

They change the name of the style depending on the development but they are all the same design internally with external tweeks based on the local area.

Admittedly it wasn't the house for us but that is in no way a criticism (what suits one does not suit another).
The integral garage and lack of long driveway were a deal-breaker for OH. We don't need an en-suite for each bedroom and the reduced living space on the ground floor (caused by the integral garage) was noticeable.
A couple of our neighbours have them (Lifestyle & normal) and love them.

On our development there appears to be an equal mix of Oxford & Cambridge and they both sell well. The sales team however have told us that (on our development at least) the Cambridge Lifestyle has been dropped as apparently they are now proving less popular.

Nik2015 · 06/01/2023 18:04

We viewed an Oxford Lifestyle that had converted the garage through the utility and built a garden room. It was a great space.

FASDE1517 · 06/01/2023 18:07

Do it. I'm a huge Redrow fan and they're so well built. The Oxford Lifestyle is gorgeous. Tip, it's expensive but pay for the personnel door into the garage, makes future conversions very easy!

mondaytosunday · 06/01/2023 18:24

I used to regularly move every two years. The longest I've ever lived anywhere since I turned 17 is 8 years - the home I had with my husband. I've lived in a couple houses (ones I owned) for just 18 months. I'm 60.

Prabby · 17/03/2023 19:34

@Dougieowner Can you please help what incentives were given to you by redrow

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