hi all,
Myself and herself purchased a house back in November as First Time Buyers, its nice but its not what we expected now we get on fine together so thankfully thats not an issue!!
But the house is causing us problems, for a start, shock horror,its a bit big,its only 3 bed terraced but when theres only 2 of you, we use kitchen sitting room and 1 bedroom/ensuite. We dont want to rent out a room so thats not an option, its also in quite a built up area and were looking at selling it on and buying something smaller in a quieter area.
we bought for 325K we reckon we can get same or 330K and we're looking at spending 300K.
What are the possible money issues we need to consider, eg stamp duty, fees, etc.
Would we be better to buy a new build?
Either way we lose money considering we had to come up with 12K on top of the 325 including stamp duty (even tho FTBs it was over the 317500 limit) and solicitor fees.
your advice is much appreciated.
regards
Max
Myself and herself purchased a house back in November as First Time Buyers, its nice but its not what we expected now we get on fine together so thankfully thats not an issue!!
But the house is causing us problems, for a start, shock horror,its a bit big,its only 3 bed terraced but when theres only 2 of you, we use kitchen sitting room and 1 bedroom/ensuite. We dont want to rent out a room so thats not an option, its also in quite a built up area and were looking at selling it on and buying something smaller in a quieter area.
we bought for 325K we reckon we can get same or 330K and we're looking at spending 300K.
What are the possible money issues we need to consider, eg stamp duty, fees, etc.
Would we be better to buy a new build?
Either way we lose money considering we had to come up with 12K on top of the 325 including stamp duty (even tho FTBs it was over the 317500 limit) and solicitor fees.
your advice is much appreciated.
regards
Max