Advice on house hunting Page 268

  • Psychotext 31 Dec 2020 12:31:34 69,784 posts
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    I'm getting my Spanish passport and probably moving my business there (virtually at least). Will see how things go in the long term.
  • elstoof 31 Dec 2020 13:52:03 26,715 posts
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    ZuluHero wrote:
    Do you already have irons in the fire? How easy would it be to move back if you found it wasn't what you thought?

    It's a tough decision, made even harder with kids/family. Have you floated it past them yet? What did they think?
    Moving back would be as easy/difficult as moving out really. Just concerned about missing “home” but already sold the house, tbh if we did go I’d likely just suck it up and make the best of it, never been someone who looks backward for too long. It’s family that are floating the idea at me, missus works in finance so she’s concerned about the future of the industry here. She’s also not British so doesn’t have the same attachment I do, she’s French so Canada ticks a lot of boxes and she loves it there. There’s some strong things in favour of moving, there’s a strong finance industry in Toronto, the disgust at the U.K. is a big one, also we could sell our north London terrace and live that North American, picket fence, double garage dream. Most of my business comes from travelling to the US anyway so I could make it work for me somehow. Lots to consider and I’m flip flopping a lot
  • fontgeeksogood 31 Dec 2020 13:54:16 12,588 posts
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    Regrettably we are full and do not want any economic refugees
  • fontgeeksogood 31 Dec 2020 13:54:50 12,588 posts
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    Oh, Tronno. Go nuts, ignore me
  • Dirt3 31 Dec 2020 13:55:14 1,457 posts
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    I have some fairly specialist skills and can pretty much work anywhere. But for the foreseeable I will remain in the UK.

    I don't quite get the "I hate the way the UK is going but don't want to move" viewpoint.

    Honestly if a place really annoyed me that much, then I would just go and move on with my life rather than spend the time complaining about it. I always felt that way in jobs too, if you aren't happy then its best just to move on rather than stick around.

    I realise some people have more inertia to moving than others, but the bottom line is you only get one life and spending it somewhere that makes you miserable is pointless. Ultimately if you are to get happiness in your life you have to pursue it rather than hope it will come to you, and that takes some effort and also has some risk associated with it.
  • elstoof 31 Dec 2020 14:00:26 26,715 posts
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    fontgeeksogood wrote:
    Oh, Tronno. Go nuts, ignore me
    Vancouver is also a consideration, recommenened me some neighbourhoods brah
  • fontgeeksogood 31 Dec 2020 14:14:25 12,588 posts
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    Don't buy anywhere while being considered a foreign buyer; Vancouver is further taxed at 20% (Toronto is 15 because we're better) if you are.

    Open a hipster Timpson in Kitsilano and you'll probably get even richer
  • Psychotext 31 Dec 2020 14:15:08 69,784 posts
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    Dirt3 wrote:
    I realise some people have more inertia to moving than others, but the bottom line is you only get one life and spending it somewhere that makes you miserable is pointless. Ultimately if you are to get happiness in your life you have to pursue it rather than hope it will come to you, and that takes some effort and also has some risk associated with it.
    It is MUCH harder for some than others, especially as you get older. I looked into Canada and despite being relatively wealthy I don't seem to fit any of what they're looking for.

    I'm still sort of hoping Scotland leaves the UK, in which case I'll end up there. If not, it'll definitely be Spain. Not within the next 5 years though.
  • elstoof 31 Dec 2020 14:21:25 26,715 posts
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    fontgeeksogood wrote:
    Don't buy anywhere while being considered a foreign buyer; Vancouver is further taxed at 20% (Toronto is 15 because we're better) if you are.

    Open a hipster Timpson in Kitsilano and you'll probably get even richer
    That’s only for non residents though right, if I’m going to live there it should be waived? I did see a dreamy house in somewhere I couldn’t pronounce, could be this Klitchkolato place you’re talking about 😍
  • fontgeeksogood 31 Dec 2020 14:28:37 12,588 posts
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    I believe so. It came in after I moved back so didn't pay a lot of attention.

    There's very few really bad neighborhoods. The further east you go the further red your neck gonna git. And obviously in the south there's some real wrong uns
  • fontgeeksogood 31 Dec 2020 14:29:42 12,588 posts
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    I live north shore because, well, you would
  • elstoof 31 Dec 2020 15:36:21 26,715 posts
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    Tbh tronno is the main pull because of the bigger financial base and also most of my business is east coast, but Vancouver appeals more as a city
  • fontgeeksogood 31 Dec 2020 15:41:01 12,588 posts
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    Way too fuckin cold for me. But I get the financial thing, and the summers are aight. Plus it has a Wahlburgers
  • fontgeeksogood 31 Dec 2020 17:48:05 12,588 posts
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    You could all move to Gibraltar
  • elstoof 31 Dec 2020 18:57:38 26,715 posts
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    Don’t hate the Spanish enough
  • askew 31 Dec 2020 19:02:45 22,882 posts
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    I'll set up a new gambling website.
  • GrandpaUlrira 7 Jan 2021 19:08:02 3,860 posts
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    An update in case anyone else has a survey that find some essential works are required: at first the vendors resisted changing the price at all, saying we had a bargain with the original price reduction. We pushed back saying it price factored in what we could see, not additional things that should have been maintained, and eventually they agreed to pay for the most expensive urgent item, and we will pay the other urgent and 'needs attention' items ourselves
  • mrpon 16 Feb 2021 08:54:57 36,918 posts
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    How we all doing? My roof is, finally, going up today. Crane, steel, men, wood it's all happening.
  • robc84 16 Feb 2021 09:05:10 15,080 posts
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    mrpon wrote:
    men, wood it's all happening.
    Sexy.

    I've had 2 quotes for my garage conversion. The first was a ridiculous £27k. The second was £11k. Just waiting on the third which I'm expecting to come in about £13k. I'm tempted to go with the last one as the £11k is a guy recommended by his wife and can't really find much about him online other than that his company was dissolved (I'm assuming for not filing accounts). The last quote is from a building company who have been around 40 odd years and have really good reviews online. Worth paying a little extra for I think.

    Additional mortgage agreed in principle and estate agents say it will add a bit of value to the property over what it will cost.

    Hoping to get it done by the summer :)
  • mrpon 16 Feb 2021 09:10:11 36,918 posts
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    What was the additional mortgage process? A few valuations etc.. What timeframe from application till you receive the money?
  • Dougs 16 Feb 2021 10:30:12 98,122 posts
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    As my wife and I will both have had the vaccine shortly, we are going to move forward with our building works that have been on hold for a year. Have worked out that we can't afford to do it all in one go, so will take a phased approach.

    Phase 1 - removal of chimney breast, RSJ supports in, bifold doors, decommission downstairs bathroom, new boiler, move sink and utilities to another part of the kitchen.

    Phase 2 - stud wall up, move oven, hob, fridge and freezer. New downstairs bathroom.

    Phase 3 - new kitchen.

    Probably a 5-8 year project all told.
  • robc84 16 Feb 2021 10:31:11 15,080 posts
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    Called up mortgage provider, answered some questions on affordability, told him what the property was worth and they sent through an agreement in principle. Once I've got the final numbers I'll need to have a meeting with them to discuss products etc. He reckons it would be a couple of weeks to receive funds from that point.

    Not sure about valuations, our LTV is pretty good even at the value we purchased at 3 years ago, and apparently its worth about 15% more than that now. Property market is crazy.
  • Dirt3 16 Feb 2021 11:00:01 1,457 posts
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    Dougs wrote:
    As my wife and I will both have had the vaccine shortly, we are going to move forward with our building works that have been on hold for a year. Have worked out that we can't afford to do it all in one go, so will take a phased approach.

    Phase 1 - removal of chimney breast, RSJ supports in, bifold doors, decommission downstairs bathroom, new boiler, move sink and utilities to another part of the kitchen.

    Phase 2 - stud wall up, move oven, hob, fridge and freezer. New downstairs bathroom.

    Phase 3 - new kitchen.

    Probably a 5-8 year project all told.
    Will the removal of the chimmney allow you to get a bigger telly ?
  • Dougs 16 Feb 2021 11:05:59 98,122 posts
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    Ha, this is a chimney in the dining room. But indirectly, yes - intend to stick a new telly in there with a soundbar.
  • mrpon 16 Feb 2021 12:00:09 36,918 posts
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    robc84 wrote:
    told him what the property was worth
    Wut?! No agents?
  • Wayne 16 Feb 2021 12:04:58 2,624 posts
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    It drives me mental that new builds are having fireplaces and chimney columns built in. It really screws up the number of options you have of arranging your living room (though it probably doesn't help that we're a two-TV-living-room-couple)
  • robc84 16 Feb 2021 12:11:49 15,080 posts
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    @mrpon

    I guess they may want to get a valuation done before the additional mortgage completes. We are talking about adding 5% to the mortgage and current LTV based on the original purchase price is under 60%. So maybe they are comfortable based on affordability?

    I guess we’ll see what happens in the next stage of the process. Only have an agreement in principle so far so they wouldn’t have done anything yet anyway.

    Edit - half my post went missing

    Edited by robc84 at 12:26:33 16-02-2021

    Edited by robc84 at 12:33:51 16-02-2021
  • mrpon 16 Feb 2021 12:13:15 36,918 posts
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    Ah makes sense, cheers.
  • Psychotext 16 Feb 2021 12:14:18 69,784 posts
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    I have to semi convert my garage this year. Will be a pig of a job as all my gym / cycling gear is going to need to get taken away to storage as the floor is so bad it's going to need to be re-levelled. Can't imagine that will be cheap.
  • robc84 16 Feb 2021 12:31:48 15,080 posts
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    Post deleted
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