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Sunday, June 24, 2012

Buying a home

Today we dipped our toes into the house buying waters and went to view a couple of houses in East Sussex. For our first viewings we chose the most contrasting properties possible. The first was a 1930s red-brick semi, the second was a out-of-town development of new houses.
Buying a house is not something I ever really ever thought would happen, for both financial and commitment reasons. We're on a tight budget and we've no idea what's out there, so yesterday viewing the differing houses put perspective in our minds about what we do and don't want.
Stepping into the 1930s semi, everywhere you looked there was a DIY makeover desperately crying out to happen. Original fireplaces had been covered, pebble-dash paint was cracking, decades old carpet musting - I'm by no means DIY adverse but this would take £50k and a team of builders to completely overhaul the space. There wasn't one thing that wouldn't have needed changing. Lesson learnt from property 1 - we do not want a huge project. 
In the car, we shot off to location/property number 2. Within seconds of walking into the brand new house I wanted to get out. I hate new houses. Partly because of my distaste for the government schemes they are built upon and partly because of the abundance of magnolia, mdf and plastic. In the UK the government has schemes set-up to allow first time buyers to get the first step on the market. However, the new houses roughly work out at £100k more than an old house. Leading to the poor home owners who sign up for the deals part-owning over-priced property that will take twice the time to pay off and unlikely to ever sell for as higher price. Here are some links to more information about that here: Huff Post Evening Standard
Rant aside. First time house-viewing verdict - this is not something I'm going to enjoy.
xo

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