My New £190k gift to my wife and myself.
Congratulations on the investment. It sounds daft but your own home will bring you far more joy than any car.
I was lucky enough to buy a property when I was quite young, and even though prices are pretty much on their arse at the moment houses are still far more expensive than they realistically should be. We bought our 3-bedroom period mid-terrace for £285k nearly 2 years to the day, and a recent valuation suggested it hadn't increased in value, despite us adding an attic bedroom with en-suite and extending the kitchen and dining room. The market still makes me very nervous, but you still can't beat going home to your own house at the end of the day.
Could not agree more. Best thing you will ever do.
No idea where you are in the country but that's a hell of a lot of house for 190k. Will be great when its yours and you can put your mark on it. We have a similar sized house and now we've kicked the kids out we are rattling around a bit TBH.
Both my girls have to rent as its still too expensive for them to buy without the help of you know who. Unfortunately even 1 bed flats go for quite a bit here in West Sussex, I'll be working till I die at this rate.
is the same story just about everywhere, we bought for offers over £285k 4 years ago and had to go to £375k to get it,,,, only topped the other bidder by £200,,, right before the market dried up.
recently 2 houses sold over the road which are very similar for £322k and £310k
and we have put £40k into the house since we bought it,,,, nothing you can do but dig in and eventually things will rise,,,, but we have lost around £100k in value in 4 years, middle class and sought after area as well
very depressing but we just keep going, is all you can do I guess
