We recently came to the end of our three-year mortgage agreement and have been going through the arduous process of renegotiating. Obviously, it was on our radar for a while, cue lots of discussions about what we should do. Sell up and buy another house, maybe upgrading or going for a fixer upper this time? Should we move to another part of Bristol? Should we think about whether somewhere totally new is where we’re meant to be?
I’m sure we’ll continue to have these discussions (we never seem to completely settle) but for now, having a new baby is enough without the stress of moving or even of renovations this close to the due date (I’m 35 weeks now). So we’re staying in this house and thinking about what we can change over time. To be honest, even a thorough decluttering will be enough of a change!
With buying and selling on my mind, it’s been interesting to look through Carpetright’s Property Guide and Survey. They’ve put together tips on buying and selling a property as well as a survey that you can complete to enter with a chance to win £500 in vouchers and a hamper.
The house we’re in now is our first property. When we were looking to move out of renting we looked at maybe twenty houses or even upwards of that. It honestly got to the point where it felt like it didn’t really matter which we bought, though obviously it did. We’d set our eyes on moving to South Bristol, a bit more centrally but were put off by the fact that we wouldn’t be able to afford anywhere with a decent garden.
Meanwhile, closer to where we were currently living, the houses are much bigger, the gardens excitingly spacious – vital as we’ve got so much into gardening – and it feels like we’re in the countryside in some bits, even though it’s a quick drive or bus journey into the city centre. All of this was going for far lower prices. Granted, property in our area has shot up since but it probably still compares favourably. Anyway, we decided to stay put and it’s absolutely been the right decision for us so far.
The first point in Carpetright’s buying guide is to work out what you can afford and this was key for us. We already knew that we were going to be home educating as well as having more children (Talitha was a toddler at the time) so we wanted to get a mortgage Laurence could pay on his own. Although I do work, I earn very sporadically and not enough for us to rely on. The pressure of a mortgage based on a double income would have dictated our lifestyle in ways we weren’t comfortable with.
Looking at their selling guide is a bit daunting. I can’t imagine our house ever being clean enough or toned down enough for a sale, though I’m sure we’ll manage when we eventually do, especially as our area is becoming so desirable. The cats might have to live outdoors for a while!
Are you thinking of buying or selling? Do take a look at Carpetright’s guides and don’t forget to enter the survey to win.
This post is sponsored by Carpetright