We made an offer on a house today and it was accepted!!! And I’ve stopped watching BBC News 🙂 We know what we need to know. The times are uncertain, possibly dark, it might get worse, but it might not…
Our options are therefore:
- To live in fear and worry and wait to buy – for how long? Do we want to maybe live in rentals forever, knowing pensions funds are uncertain?
- To buy a small house to repay as fast as possible to sell in 5/7 years when it is too small for us – at the risk that we cannot sell because it loses too much value or because houses don’t sell well then
- To buy the house we want and can (currently) afford, which gives us the space we’re looking for for another child and the possibility to stay forever if we want, at 3 or more
We are 34 and 37 this year and put like this, I find that our choice is actually almost simple… We don’t want to live in fear. We don’t want, in the event that we (manage to) have another child, to take the risk to be stuck in a too small house soon. We’ll do our best with we can do to make things work out, for ourselves and our son – maybe travel less to Europe if the pound continues to drop – and we’ll try to buy this house 😀 I feel a lot better now that the decision is taken!