On the road again

It amazes me the price of property, and even more so how people are managing to make their mortgage repayments.

As of May 2017 the average house price in the UK is £220,713.
Property prices have risen by 0.5% compared to the previous month, and risen by 4.7% compared to the previous year (source)

We cannot get a mortgage, so have to rely on funds from the sale of the boat and the little bit I’ve managed to put away plus our pension pots (it’s gaining pence in interest, so why not use it?)
Our budget is way below the average house price, but is enough if we are careful.

We have three properties lined up to view on Monday. They are just a considerable distance away from us, and each other!

We can spend more towards the top end of our budget and get less : ie. a one bed terrace house or a park home, flat/apartment or retirement home with strings attached (read maintenance fees which could amount to several thousand of pounds a year on top of local taxes and living expenses), or we could move further afield and get more property for our money such as a two/three bedroom detached bungalow like we are viewing next week.

In the past three weeks, we have clocked up over a thousand miles and viewed ten properties. Monday will see another four hundred miles at least.

I have lost count of the number of properties we have viewed on the internet and done drive-bys via google.
After this week’s disappointment, we are more aware, more vigilant, and more indepth with our enquiries before we get in the car. We line up a variety that interest, plot them on the map, and then contact the agents to arrange viewings ‘in a row’ and sensible time frames.
It will mean getting up around five o’clock on Monday morning so that we can have breakfast and walk the dog before we leave. Our first appointment is 11am, but 152 miles away, so we need to be on the road by 6am at the latest so that we can avoid rush hour traffic when we hit the main towns en route. There are motorway connections, but they are probably the busiest and most accident occurring in the country, so we are keeping to the main A roads, which actually reduces the distance by over 25 miles.

As ever, we are optimistic. Who knows, maybe this time…………………………………..

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About pensitivity101

I am a retired number cruncher with a vivid imagination which extends to short stories and poetry. I love to cook and have a terrible sweet tooth for jelly babies or fruit pastilles. Best friends are Hubby, our dog Maggie, Bro in NZ, MSM and MOH (and his dog). I am also a bit of a dog whisperer as I get on better with them than people sometimes! Due to a nightmare of a house sale in 2014, 'Home' was a 41 foot narrow boat until April 2017. We made strong friendships both on and off the water, and enjoyed swan and duck families for neighbours. Sadly times change and we were once again house hunting until September. We now reside in a small bungalow a short distance from the beach on the Lincolnshire coast.
This entry was posted in Challenge, current events, diary, house hunting and tagged . Bookmark the permalink.

4 Responses to On the road again

  1. stevetanham says:

    It’s always darkest just before the dawn, as my Dad used to say. Stay positive! Wishing you success.

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