HELP! Do we take the jump…

[Lott2606]

Sorry, it’s a long one.
My husband has found a house he loves, it is a bigger property with a huge garden. We currently live in a large 3 bed, however garden is quite small. To move to said bigger house will DOUBLE our mortgage payments. We are currently paying £800 over 21 years, this will double our payments to £1600 over 30 years. It’s doable, and with all food and bills taken into account we will have roughly £1000 disposable income left.
HOWEVER

1. there are some alterations that we will need to do.
2. although the garden is big, you cannot see it fully from the house with our daughter playing.
3. I am starting a new job in the next month or too, I’m worried if I don’t like the job I’m stuck because of mortgage payments.
4. we do ideally want another baby in next couple of years, we will be pushed on maternity leave.

my husband works away usually Monday - Friday and I work full time 9-5.

opinions if we are jumping for the sake of it and should wait maybe or? ….

People tend to polarise on this question I find….either you’re on the ‘keep it manageable, pay it off as soon as you can, be mortgage free and retire early’ type mindset or on the ‘get the best house you can afford, life is for living’ side of things. I think what is right for you depends entirely on what you want and what worries you. I am more towards the ‘life is for living’ side but I hate the idea of retiring early and am quite happy to take calculated risks without them playing too much on my mind. I think it helps if your partner is of a similar mindset and if you are the kind of person who will see the positives rather than dwelling on the negatives. but if you know you tend to worry about finances and thrive in security then maybe not!

i have to juggle this regardless, I work full time. Not just term time.

I meant from a financial perspective