Owning your own home

amazing, welcome ?! Down the road from @dan

Now, can I borrow your tapered headset press in exchange of coffee/wine? :P

@6pt wishes he was as cool as us

We weren’t a chain and the solicitor are very inclusive as they have developed an accessible online system to allow us to upload, check, update etc.

The other solicitor we looked at were like “oh.. we can’t do much, maybe a video call?” When my partner pointed out I can’t use the phone.

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However, there'd have to be someone properly watching over you for it to go from sale agreed to completed within a month.

TBF it been 4 weeks so far and yeah insofar I’m expecting it to drag on for the next 6 months!

Finger crossed!

Good luck buddy!

BTW, are you currently commuting on/near the A23 on some black carbon weapon?

Thanks, didn’t realised how much money’s needed compare to simply renting places.

Commuting; not exactly, unless it’s dark red with TREK on it.

Changed commute to Court land through Dulwich/Camberwell instead which is quieter.

Finger crossed!

Dude! Congrats!

didn’t realised how much money’s needed compare to simply renting places

The initial hemorrhage hurts, it's true. And if stuff breaks, you have to fix it. But it is certainly nice to know you're paying your own mortgage.

Sold yet?

We accepted an offer on our place in BS5 the day after the open day for £27k over asking price. Madness.

Hah - not quite yet. Have 21 scheduled viewings for it for Saturday - madness.

Also a place we like the look of has come (back) up and they are happy to let us view it on Saturday, despite not being proceedable when they heard the address and the amount of interest.

We have not found a new place yet… We are moving down to Frome, and it’s slim pickings there currently. we’re not gonna rush into buying somewhere we don’t both really like, so it’s looking we’re just gonna rent somewhere for a year…. Which I’m not over the moon about, but meh…. Hopefully it won’t be for more than a year.

We went to look at a show home for a new build development that will be ready next summer, that was actually really nice, but I’m not sure how I feel about living in a brand new house TBH. But finding somewhere with 3 / 4 beds, off street parking, a decent garden and a garage is proving incredibly difficult! (The new build ticks all these boxes)

We went to look at a show home for a new build development that will be ready next summer, that was actually really nice, but I’m not sure how I feel about living in a brand new house TBH. But finding somewhere with 3 / 4 beds, off street parking, a decent garden and a garage is proving incredibly difficult! (The new build ticks all these boxes)

I was in this situation, really happy our new build. Show homes do seem to be the ones to go for.

Yeah, supply seems to be the real issue. Hoping we won't have to go down the rental route.

I've had two new builds now (including the current place) and the two biggest positives are modern building techniques; ie knowing where all the wires are, that all the walls are straight and that everything is in warranty for 10 years and the lack of a forward chain.

Of one of those can vary drastically depending on the quality of the builder...

Don't forget to check the ground rent rates if buying a leasehold as some may still become prohibitively expensive years down the road.

A good conveyancing solicitor should spot this and warn you about it, but plenty of people have ended up with escalating ground rents despite this.

Not a leasehold. After my previous experience with selling a leasehold it’s not something I would touch with a barge pole these days.

Yeah, there are loads of pros/cons of new builds for sure. We are currently mulling them over. The big thing I like about the new build route is the price is the price, none of this best and final offers crap.

Builder looks to be pretty reputable from what I’ve found online.

I think we will most likely stump up the £2k to reserve a plot and take it from there (whilst still keeping an eye on other places that pop up in the meantime).

I think we will most likely stump up the £2k to reserve a plot

We did this, ended up pulling out, lost £100 or something. Didn't really care.

Big factor with new builds is the environment they go in to and they create. If there is a phase that's been completed already deffo go on knock on some doors and do some research.

finding somewhere with 3 / 4 beds, off street parking, a decent garden and a garage is proving incredibly difficult!

We were looking on and off for almost three years; missed one, bought the second. Not 100% what we wanted, and more than we wanted to spend, but couldn’t face waiting another two years. Nothing’s come to market that ticks those boxes since we put the offer in feb either.

Are you looking at the printworks? Nice location for the action at the station and a short walk down to the river and the paths Feltham way. Rental market seems pretty sparse and pretty spicy right now.

Yup. One of the T9 detached ones. The last one of the first phase sold the morning we went to look at the show house, so we’re at the top of the wait list for when second phase plots are available for reservation. One thing I am worried about is the price going up a lot for what is essentially the same house due to the 5/6 months between phases….. The 4 bed detached units on phase one were circa £440k depending on garden size…. Although we can afford to spend more if it comes to it, we really don’t want to go over £500k. The garden on most plots is a sort of L shape with a bit of the garden filling the gap between the back of the garage and the rear boundary…. I’d really like to have enough cash spare to extend the garage to fill this gap and turn it into a garden studio/bike den/workshop type thing. I currently store my ever growing amount of bikes and associated crap at my studio, which I won’t be able to do in my new studio, I’d really like to be able to have a space to dedicate to this at home moving forward.

We’re not particularly fussed about where we rent TBH…. As long as it’s somewhere between Frome and Bath (GF works at RUH in Bath), we’ll make do, as we know it’s not permanent…. So hoping we will be able to find somewhere that will do as a stop gap.

Whereabouts is your place? We must catch up when I’m moved. Currently commuting down to the office 2 days a week, and using my studio in Bristol for painting until new studio next to the office is up and running.

You’re definitely gonna get an offer then! Once people learnt they’re not the only one, they’ll hasten it,

Re: possible extension - definitely ask what clauses are in place before proceeding.

Our development has a clause that bans garden buildings for the first 5 years of owning the property...

These are usually stipulations put in place to secure planning permission and are based not pissing off the locals.

New developments often have conditions to stop you doing something that might be ugly and cause issues with selling the other properties on the development. Once they are all sold you can fairly safely ignore most of them.

deffo go on knock on some doors and do some research.

Sometimes you don't even have to knock.

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Steady on Emily Thornberry, it's the Euros.

Why is England in the Euros?

Leave means leave!

#brexshit

this flat should be in jail