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Property/DIY

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Which house

3 replies

Bluecatlady · 15/11/2023 18:49

Hi looking for advice.. moving house and mortgage free want to take out some equity to pay off loan. Do we downsize pay off and move to small three bed on 2 floors just 3 of us one 13 yr old or more expensive so don’t clear all debt but have three storey and huge bedroom on top with dressing room and space for study? Late 40’s and worried if we go for smaller would regret it in a few years but then 3 floors may be issue if we were older! Just looking for some advice as only have family over every six weeks so would usually be just the three of us.

OP posts:
NotReadyForThisYet · 15/11/2023 18:53

If the smaller one clears the debt I’d do that.

Sundaefraise · 15/11/2023 18:56

I wouldn’t really want three floors so the second option wouldn’t appeal. A three bed sounds plenty big enough for three people.

Pinkpinkpink15 · 15/11/2023 19:11

Something entirely different. My knees are wailing at the mere mention of a town house!!
but there are lots of options between those choices!

id go for larger with a small mortgage. You're young enough to pay for and enjoy a house with a bit if space!

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