Just moved in. Massive regret. How soon can we sell up?

[Pearmain]

Ignoring the fact we’ve spent all our savings on stamp duty and fees and it’s going take a long time to save plus selling in a falling market and equity being at risk - how soon are you actually allowed to sell after buying?

To add to what everyone else is saying... if you really don't change your attitude after a year or so I think 12 months is fine to go back on the market as long as you make some substantial improvements in that time. Prospective buyers will just think you bought it to flip it. But if you leave it as it was they'll assume something is wrong and steer clear. Those that return quickly due to life circs usually say so in the ad (eg "unexpectedly back on the market due to family circumstances, this 4 bed house boasts XYZZZ")

If things don’t change and your mortgage situation allows but you feel it’s too early to sell, you could think about renting this one out and renting a place that works? (Last resort this would be expensive and major hassle) but buying and selling is maybe not your only option.

And wise words here from juleswatford upthread to help you unpick your feelings.

If you really hate your new home to the point that you are crying, write a list on why you are unhappy in your new space, are the things on the list fixable to make it feel like it is your home, have things change in your relationship, have you move away from friends and family, are you a first time buyer and scared of the mortgage responsibility? ......think back to why you bought the house, what did you love on the viewing. Are you feeling overwhelmed of being a home owner and all that entails? Were you feeling under pressure to buy the property?

Walk through the house as you did when you first did. Is it your furniture that does not fit? Think about how you can create the space more fitting to your life and make it your sanctuary. Remember you viewed the property with the sellers things in it and that has a huge impact on your initial decision to buy the property. Ask yourself was it the property or the sellers style that captured you?

Bought a house and regreted after a day we had keys. We havent moved in by that time as the house needed a lots of work. Our issue was we did not check the location thoroughly. Completely renovated the house with a thought we will be ok, but put up for a sale after 10mths. Sold with no issue, made even some profit.

I have absolutely HATED every single house we have rented and every single house we have bought for at least the first 3 months, like so much so that I've been sick with low mood every time. We are a year and a half into our new house purchase and I love it there now and wouldnt change our decision. Give it some time perhaps 🙂

As soon as you like but best to wait for land registry to change your property ownership details which is several months after initial sale

Loved my garden flat the nano second I saw it
won a fierce bidding war
moved in and loved it
12 years later.. I still occasionally get a tingle of happiness walking in and knowing this home is mine.

You may have to wait a bit, as according to our solicitor, it is taking up to a year, for the new owners of a property to be registered.

I work in conveyancing.

You're "allowed" to sell whenever you want. You will likely have penalties for repaying your mortgage early unless your mortgage can be ported.

Any buyer's solicitor would need to report to their lender that the seller had owned less than 6 months so there's a chance their mortgage could be refused also

That is correct, land registry are seriously backlogged but if évidence of à sale is provided they prioritise the application and aim to deal within 10 working days

I've just moved my furniture around for the third time in my lounge and am finally happy with the layout. Pissed at the sparky for where the Ariel port is but that is an easy fix.
Next is the bedroom and then the office / spare room. The original layout is never what you end up with xx

I know it’s been a few months since you posted, but do you feel any better now? I’m in the same boat as you were. Moving on Monday and cannot bring myself to pack. Struggling to sleep/eat 😢

OP how are you feeling now?

How are you feeling now? In the same boat. I've already sold it in my head. Feel like I've made a huge mistake

@NattyBeaker you might get the OP's attention if you try an @

@Punkyskullyy

Sell as soon as you like. The people we bought from had been if the place such a short time that the Land Registry hadn't updated their records to show their purchase.

@NattyBeaker I have my good and bad days, to be honest with you. I have found as others recommended to me here on MN, to decorate, put your stamp on the place - and that helped tremendously. There is still a lot I dislike about the house, that I cannot change, but when I feel low; which I still do at times, I remind myself that this isn’t forever, nothing is permanent.
If we could afford the stamp duty and fees we would move tomorrow, but we’ve agreed to stay a few years to build up equity, save what we need, then make the next move up on the ladder.
My advice to you is to give it a few months, even a year to see if decorating changes how you feel, and save in the meantime. I found giving myself a time frame helped, otherwise the anxiety of feeling like I was stuck here forever was awful.
I’m happy to continue chatting if that helps. I know how you’re feeling, and it is not pleasant hugs.

In this situation now having recently completed.

I don't fully know why I didn't spend the money I spent moving on my old house eg a nice big conservatory, putting in a downstairs WC. It was almost perfect!
Instead I've spent ££££ for a house that needs more doing than I realised and I don't think I've made any real improvements to what I had. Gardens smaller. It's freezing and creaky and noisy. And I am worried it's going to be a money drain.

Doesn't help there's whispers at work re concerns about how secure our positions are - that sprung up a day before I exchanged. I'm wondering if that was my warning and I stupidly didn't take notice of.

I've also cried, I want to go to MY home so much.

Currently thinking I'll decorate and give the house the TLC that's been lacking see how I feel, if still not happy I'll sell up once enough equity has been built up to go again.

I've never felt happy immediately in a new home, even one that I really liked before buying it. It's not home basically and you notice all the disadvantages every moment.
I'd suggest giving yourself a time limit, maybe 6 or 8 months, and tell yourself that after that, if you still want to, you'll start thinking about moving. Meanwhile, be very kind to yourself and enjoy any little thing you can in the new place. Maybe it has a nice view from one window or is convenient for a good bakery, or you can put your favourite chair at the right angle to the telly, or the shape of the bannister is attractive. Whatever.

We once moved house and I felt this way, at first I thought it was me, I tried to be happy, or rather tried not to let my obvious dissatisfaction get in the way of family life. In the end I broke cover and we spent over a year trying to sell it. We were there for 2.5 years total and we lost money overall, but when the removals truck pulled away, tears of joy rolled down my cheeks. I didn’t feel this for a second at our new house, despite that it has been a money pit, I love the house to the bone. Just like the song:

There's a house we can build
Every room inside is filled
With things from far away
The special things I compile
Each one there to make you smile
On a rainy day

Wondering what to do - bought a place on impulse to be near an ex after another place fell through - and just in tears every day - can't bear to go on local walks as it all reminds me of her... so is this just buyers remorse - or something worse considering the stupid context I made the purchase under?

You're not over your ex, that's clear. I think we all do daft things when our hearts overtake rational thoughts. Maybe not as financially big as buying a home!
Give it time. As you heal, you'll hopefully make your own memories and connections to your new home. Have you heard of the rule of 6? Sometimes we need to just get through the next 6 minutes. Then 6 hours, 6 days and so on. Once you get to 6 months, you'll know if your new home is in the right location for you long-term. If not, you've given it a good chunk of time to see.
If you do decide you need to move, check out tax and other financial implications. You don't want to end up paying a fee or tax if it would be avoided by staying put for another 6 months or a year.