We are outgrowing living space for 2 adults, 2 dc and have one toilet which is becoming an issue!
Nice sized garden, not overlooked, walking distance to a good primary, just off on a main road etc.
options are to sell house and buy a 4 bed double garage, pay a load of stamp duty and have a greater mortgage each month but an amount which wouldn't leave us close to the point of penniless or to extend, use savings and borrow a bit to make it possible.
i know im lacking in a lot of detail but im really asking if anyone has bought a larger property with higher mortgage each month and regretted the stretch/impact.
we'd have to think about complete redecoration/ new kitchen for the houses that we've seen on the market, so maybe 15-20k for that too,
a rough estimate on a larger house would be £600 a month more than our mortgage now and it would be a 25 year one - we are just into our 30s if that makes any difference. it would be affordable on paper but in reality, might mean fewer weekends away over and saving less each month.
Any one regret moving to a larger property or wish they'd not extended
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33 replies
Tadla · 20/08/2014 14:14
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