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Spending money on a house you dislike

8 replies

PlantBox123 · 07/09/2024 14:34

Try to keep this short; for context: I am a single parent, 2 children, youngest is disabled. I bought a house October 2023 in an area we don't know, 15 minutes away from the village my children grew up in (I still drive there each day for school/friends) - we were homeless beforehand and this was a house I could afford using a government shared equity scheme (I own 100%, I owe gov 40% share of equity on selling). It meant the boys could stay at the same school, and honestly I had no idea what I was looking at.

We cannot settle. The road is very busy, the house needs so much more work than I had ever imagined, the garden has a long stretch of dangerous crumbling wall, I have to drive to walk the dog, someone came into the back garden last week whilst I was WFH and would not leave and kept knocking on the window (they were very clearly under the influence of something, thank god I was home alone). My eldest who is a teenager and incredibly critical constantly complains about the house. I don't have the thousands needed to totally renovate.

My question is, do I spend anymore money on this place (already 12k of borrowed family money that i have no idea how ill pay back) or do I leave it, save as much as I can and hope the market picks up in a couple of years? I don't even know how to cope with property, I don't know anyone in a similar situation. Has anyone sold and managed to move after using a government scheme to buy? What do need to be mindful of? I don't know who to talk to. Thank you

OP posts:
Booksandflowers · 07/09/2024 14:38

It’s difficult to say without seeing it but do you think you’re all just feeling a bit ‘urgh’ after the stress and upheaval of the separation and move and maybe will come to like the new house in time?

chestnutlovers · 07/09/2024 14:38

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Booksandflowers · 07/09/2024 14:39

And answering your question I’d start saving and see how I felt after a while as to if I liked the house more or was saving to move.

chestnutlovers · 07/09/2024 14:39

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chestnutlovers · 07/09/2024 14:40

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chestnutlovers · 07/09/2024 14:40

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RedHelenB · 07/09/2024 14:45

You can make it brighter and more cheerful without much money. Wherever you spend most time, living room, kitchen is where I'd start.

RidingMyBike · 07/09/2024 15:19

What sort of work? Major roof work or something structural to make it safe to live in? Rewiring? No central heating? Or more cosmetic things that could be done gradually.

What sort of place did you live in before (presumably made homeless from?), what standard was it to and who was responsible for maintaining that?

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