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  • Sorry to be pedantic, but it only matters if your house has lost £15k per year when you come to sell it.

    We're in a similar boat although £20k per year depreciation until the day we sell is our break even point.

    If you plan to live somewhere long-term, then it's not much of a worry.

  • Of course. I've also ignored the stamp duty in that calculation as i'm keeping things rose-tinted.

    It's where we want to live and as we don't even have the keys yet, selling it looks to be a long way into the future.

  • Did you pay in cash? What about the interest repayments? have you factored in the £10k of interest you pay the bank for the right to borrow all that money and thats with historically low rates.

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