Preparing the way

One of the reasons we found ourselves on the boat was because we got priced out of the property market three years ago.
In all honesty, most house prices are still way beyond us, but throughout the country there are little pockets of hope and reason that we can explore.

Whilst we are limited with our spending power, we have a few things in our favour in that we have nothing to sell, are cash buyers and not reliant on a mortgage, not restricted for schools, jobs or family plus we can move quickly (or as quickly as the legal eagles can work on our behalf).

It is however imperative that wherever we buy has good health care facilities, we can access a good route/be within a two hour drive of the breast clinic for continuance of care with my cancer treatment follow-ups, and we are not literally in the middle of nowhere.

That latter statement is such a shame as a fabulous log cabin (not a holiday home!) is in our price range, and we both drooled over it.
Having the traditional log burner within, fully fitted bathroom and kitchen, oil heating and more or less set in its own nature reserve, if we were thirty years younger and more mobile, we would not hesitate and be moving in before the ink was dry.
Sadly we are not as young or as fit as we were, and have to be practical, both with our approach and our selection.

In the past we used the internet in our search, and discovered a lot of discrepancies in particulars and the actual properties concerned. This included houses that hadn’t been built yet, were already sold subject to contract, had been withdrawn, and in two instances, were not on the market in the first place with the advertising agents.
We soon became very disillusioned when properties we were able to view were simply not ‘as it said on the tin’.

Since putting the boat on brokerage, we have not exactly been sitting on our laurels, and with three of us looking on separate computers, we have found considerably more properties than we originally anticipated.
We have discarded the initial price carrot on new builds as they are nearly all shared ownership, some by as little as just 25%.
Similarly is a lifelong lease, where you buy at a discounted price, but will never actually own your home.

We have now made a short list of what we are looking for, and have four properties of real interest to view. We are making appointments for next week.
It will be something like a 300 mile round trip in one day, but hopefully our homework and groundwork will pay off this time.
We won’t be able to afford a property like this
but at least we will be a couple of steps up from this

About pensitivity101

I am a retired number cruncher with a vivid imagination and wacky sense of humour which extends to short stories and poetry. I love to cook and am a bit of a dog whisperer as I get on better with them than people sometimes! We have recently lost our beloved dog Maggie who adopted us as a 7 week old pup in March 2005. We decided to have a photo put on canvas as we had for her predecessor Barney, and now have three pictures of our fur babies on the wall as we found a snapshot of my GSD so had hers done too. From 2014 to 2017 'Home' was a 41 foot narrow boat where we made strong friendships both on and off the water. We were close to nature enjoying swan and duck families for neighbours, and it was a fascinating chapter in our lives. We now reside in a small bungalow on the Lincolnshire coast where we have forged new friendships and interests.
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14 Responses to Preparing the way

  1. DM says:

    I wondered how your housing search was progressing…good to hear there are still “pockets of hope” 🙂 You two deserve it. DM

  2. lbeth1950 says:

    Why would a lifetime lease be bad. Would it be for the lifetime of both or just the ne?

    • From my understanding when I asked about the scheme, when you die, the house goes to the lease holder, not your family. Should you wish to move, you may forfeit your ‘investment’ as the lease holder always owns the property, no matter how much money you have paid in. It may well work for many, but not what we were looking for.

  3. I wish you good luck in your search!

  4. Best wishes in your search. Your reason is the reason we settle for a retirement home.

    • We looked at those too, but the on site fees on some were as expensive as our mooring fees. With a limited income until we qualify for a state pension (5 years) we couldn’t afford them, and there is also the possibility that our income will be reduced anyway due to government changes to disabled policy.

      • State pension is everything. This one is a low income.

      • Some of the apartments are fabulous, but there are restrictions like no pets, no parking, or you have to have your meals from their kitchens, all of which you have to pay for and cannot opt out of. With fees of £250 pcm on some, plus we would have to pay local taxes (£1000 pa) and electricity bills etc, it works out more expensive than living on the boat! We manage quite well on our current income which is considerably less for the two of us compared to what the government considers to be a’ living wage’ for a single person!, If it does reduce (by about a third), we could not manage this kind of fee as to survive now, we need £7500 pa. We calculated on the boat with fees, insurance and licences our outgoings would be £6000 pa before we ate, ran a car, heated the boat or paid any kind of medical fees.
        Similarly park homes were also discarded because of hidden costs and conditions.
        I’m good with money and can make it stretch, but with the best will in the world I cannot manage what isn’t there in the first place.

  5. joyroses13 says:

    Hope you find something that you can both really like.

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