Real life getting….well…real !!

 

After years of just being a big kid really, events of the last few years have forced somewhat of a change. Not the least of which would be meeting someone and what-do-you-know…. getting married last year ! Twice! (More on that maybe later!)

So 2013 ended with me and my new wife in the process of buying a house of our own. After 3 years of renting a flat, a more permanent base was most definitely needed just for more security really.

The whole process of buying a property seemed a bit daunting. what with the  searching for mortgages, wondering if we’d be broke for the rest of our lives, looking for and/or viewing, putting in offers on properties, the constant phone calls….it all seemed a bit mental !

The first serious offer was on a property we saw in June. Having seen it, loved it and then being told that there was another offer on it we just decided to put in the asking price and see what happened. We were renting and so were in a good position. We rushed to get a mortgage in place and had it all sorted in a few days when we got a call from the agents saying our offer was accepted…cue the excitement and nerves !

 The first time we had put in an offer and we had got the place. All it seemed was dropping into place, or so we thought. The next morning another phone call telling us the other interested party were not happy at not having their offer accepted and so they chucked in another £5000. To the sellers credit (so we were told) they had turned it down so it was still ours, now we were beginning to realise how things worked in the property world.

We were pretty much at the limit of what we could offer, and weren’t going to get into a bidding war, so we waited to see what happened. Unsurprisingly, another call later in the day from the agents and our fears were confirmed…the other party had upped the offer to £10,000 over the asking price and with that we were Gazumped.

I always remembered hearing about that on the news over the years wondering what that was…now i knew all too well ! There followed a few months more of searching until we offered on another house, a good size, lovely garden with garage and well away from main roads with a short walk to the city centre – perfect! Unfortunately for us there were 4 parties interested in this house. This time we decided there was a bit of room in the value to fight for it…but it seemed that someone else always had more money and we weren’t prepared to overstretch ourselves buying our first house.

Sadly we had to drop out and were really cheesed off as we wouldn’t have had to move from that place for a long time had we bought it. Most people these days seem to buy houses to add value and make money. I just want a home in the place of my birth to live with my wife….silly i know!

I hate the whole process of buying houses in England, it seems to me a daft system that leads frustration,anger and annoyance all round. Call me old fashioned, but if someone says i can buy something, i expect to buy it ! 

So we changed tack a bit and looked into smaller houses, the 3 bed ones we had looked into were all being fought over so much, we decided to go for a simple 2 bed house to get a foothold on the ladder and to get settled. We saw a few, found one actually only a stones throw from where we are renting currently.

We put in an offer for the asking price only to be told another interested party was interested and had cash ! It seemed that we would be doomed to never find a place to live, so we upped the offer and crossed our fingers. Apparently there are some decent people around still, as the sellers decided that they wanted to sell to people that wanted a home instead of someone who wanted an investment for their portfolio.

So it looks like i finally get on the property ladder at the age of 39… later than most. The next part of the roller coaster ride is about to begin!

The idea was to get it all done before Xmas 2013, but a few hitches from the other end meant that we were waiting over the holidays and into January. Suffice it to say the last few days and it’s full steam ahead and should be (all being well) happening this week….so it’s getting very real for us now.

 

I still think i’m going to be broke for the rest of my life though !!

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