I'm 37 and have 3 young lads ... we have outgrown our semi and have just bought (sstc) a 4 bed place .. massive garden ... huge conservatory... but.. doubling my mortgage ... i suppose i could extend the loan term but do not want a mortgage in 10 years time...
Quote from: "claret&blue barmy"I'm 37 and have 3 young lads ... we have outgrown our semi and have just bought (sstc) a 4 bed place .. massive garden ... huge conservatory... but.. doubling my mortgage ... i suppose i could extend the loan term but do not want a mortgage in 10 years time...We did it for same reasons as you Barmy. Our philosophy was we will go without and get by and things will get better. And they did and if they hadn't, well we could always sell and move down market.At the time my wife did the worrying for both of us, so I probably shouldn't be on this thread.
Quote from: "SteveN"Quote from: "claret&blue barmy"I'm 37 and have 3 young lads ... we have outgrown our semi and have just bought (sstc) a 4 bed place .. massive garden ... huge conservatory... but.. doubling my mortgage ... i suppose i could extend the loan term but do not want a mortgage in 10 years time...We did it for same reasons as you Barmy. Our philosophy was we will go without and get by and things will get better. And they did and if they hadn't, well we could always sell and move down market.At the time my wife did the worrying for both of us, so I probably shouldn't be on this thread.yeah the good thing is weve got a hell of a lot of equity in the new place plus with a few improvements we have been advised that we'll instantly turn a decent profit if we choose to sell up. Had a few quotes tonight and I'm not going to as streched as we first thought...we'll just do without a few luxuries..ie food..clothes... !! :-)
Quote from: claret&blue barmyQuote from: "SteveN"Quote from: "claret&blue barmy"I'm 37 and have 3 young lads ... we have outgrown our semi and have just bought (sstc) a 4 bed place .. massive garden ... huge conservatory... but.. doubling my mortgage ... i suppose i could extend the loan term but do not want a mortgage in 10 years time...We did it for same reasons as you Barmy. Our philosophy was we will go without and get by and things will get better. And they did and if they hadn't, well we could always sell and move down market.At the time my wife did the worrying for both of us, so I probably shouldn't be on this thread.Ive spent the last 48 hours REALLY worrying about this one.. currently i travel to Derby every day.. nice easy job .. money is fair but i spend 50 quid a week on fuel and at least 13 hours a week sat in the car... Ive been offered a contract working in ASTON ! better money but .. its a contract... possible perm after 12 months...what to do..hmmm
Quote from: "SteveN"Quote from: "claret&blue barmy"I'm 37 and have 3 young lads ... we have outgrown our semi and have just bought (sstc) a 4 bed place .. massive garden ... huge conservatory... but.. doubling my mortgage ... i suppose i could extend the loan term but do not want a mortgage in 10 years time...We did it for same reasons as you Barmy. Our philosophy was we will go without and get by and things will get better. And they did and if they hadn't, well we could always sell and move down market.At the time my wife did the worrying for both of us, so I probably shouldn't be on this thread.Ive spent the last 48 hours REALLY worrying about this one.. currently i travel to Derby every day.. nice easy job .. money is fair but i spend 50 quid a week on fuel and at least 13 hours a week sat in the car... Ive been offered a contract working in ASTON ! better money but .. its a contract... possible perm after 12 months...what to do..hmmm