Hate my house - what to do?

[jjanice842]

I moved house three years ago. House itself is fine, ticks the boxes. Garden is awful. I've done as much manual labour as I can afford to tidy it up which has made it look better but it's not worth a proper landscape effort. Street is absolutely dire. Rows of terraces with ugly garages, houses with broken fences, overgrown gardens, rubbish in driveways that never moves. Most keep their places fine but it's a complete eyesore overall and makes me so unhappy. I hate living here. I'm just about to fix into a new five year deal in a couple of months. I've just been offered a significant salary increase and wondering if I should move now before the new mortgage kicks in or if I should just suck things up and be grateful for a roof over my head? I just can't cope with the thought of another five years here, especially with my new salary.

Move. It’s allowed.

Make sure the mortgage deal you take is portable to another house and keep your options open.

Life is too short to be miserable where you live.

I suppose what I'm getting at is that I won't have made a huge profit - maybe 10% - in the three years I've been here. With interest rates as they are I'm wondering if I should just stay out until things hopefully settle down and I can save a bit of cash for the side. I've seen my dream home that won't financially end me and I've been looking since I moved here for that very thing.

Stop ploughing your money in to a house you don't like and move.

You’re not entitled to make any profit on your home so 10% in three years is great. You’re in a great position as things stand so do what you want.

Houses aren't making profits at the moment, so don't think that way. I would move if you can afford to. Interest rates might stay this way for a year or two so no point putting your life on hold if you can do something about it now.

The area I live in is very competitive and houses often go for over 20% over home reports, even right now (albeit not as many houses popping up). My house wouldn't make that money because the street is run down

No brainer?
be thankful it’s 10% up not 10% down
move!

So what?

You seem fixated on profit but it's making you miserable. Plus 10% is pretty good anyway!!

Also if it is a bad street, you aren't going to suddenly make loads more profit anyway.

You need to adjust your thinking here. Move to your dream house if you can afford it.

So what? Would you rather be happy in your home or have 'profit'?

Your happiness is more important than any 'profit'.
Our first house was a huge renovation project. While we were doing it, awful neighbours moved in who played loud music all the time, especially during the summer evenings.
When we were in a position to sell, we took a massive reduction just so that we could exchange before the clocks went forward in the spring because I knew that the lighter evenings and Easter holiday would see the music ramping up and scupper our chances if our buyer came round for extra viewings.
I felt bad for the new buyer but we just had to get out at any cost.

Get out if you can afford to buy the house you want and your mortgage is portable. Forget about profit.

Like any 'investment' a house can go up OR down in value... what if you wait 5 years and its gone DOWN and then you are say 10% in the negative and still in a house you hate.

Just look at the thread the other day of people whose houses flooded or nearly flood that sold them on for WAY less than they paid. The relief of not being terrified every time it rained or the ongoing money pit costs like extortionate insurance and the risk of losing everything is worth the loss.

Surely moving should be about your happiness not money... you are never guaranteed to make money on any market.

ino such thing as a property 'ladder', it was a lie sold to a generation. Move laterally to somewhere you enjoy living instead of chasing moving 'up'.