Well its sold

Discussion in 'Motorhome Chat' started by olley, Jan 27, 2011.

  1. olley

    olley Funster

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    Well as far as it can be sold until the contracts are done and dusted. :Sad: And they want us out before the 28th Feb so we will have to get a move on. :Eeek:

    Its been on the market now for 8 months and this is the first offer we have had, only 5 people have viewed it, you know the markets bad when not even timewasters have bothered.

    Didn't get what we wanted, but as they say, if you can't get what you would like, like what you can get. So for the next year at least we will be fulltiming in the RV until we sort out our flat.

    Now comes the part I ain't looking forward to, clearing the house :cry:

    Ian
     
  2. Pat4Neil

    Pat4Neil Read Only Funster

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    Well done, it is a very unsettled market out there.

    Will the flat be your base when you get it sorted out, and are you staying in the same area.

    Later this year we are in a quandry of what to do Rent out our house, sell it downsize to a flat, because we are going of to do some long term travelling.
    Bit worried about downsizing to a flat and not being able to go back up again if its not for us.

    But if we travel and rent out, a flat would be easier to maintain.

    Just wont be able to keep the house and not rent out.

    But once again well done.

    Pat
     
  3. olley

    olley Funster

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    Hi Pat we have a biggish shop in Ipswich which used to be a house, so we intend to convert part of the upstairs into a flat. The reduced selling price has curtailed our plans a bit through :Sad: as the first project is to convert the downstairs into two units, the wife will keep one for her hair and beauty, and we will rent the other.

    If it means living in the RV for longer so I don't have to borrow any money to do this, then I think that's what we will do. Only thing is we don't know how we will take to fulltiming, so if we hate it, we may have to change our plans.

    Ian
     
  4. scotjimland

    scotjimland Funster Life Member

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    Good news Olley ..

    now the hard work starts ... it's an unenviable task, I remember how much work it was..

    Have you found a site for living in the RV ?

    Jim
     
  5. dylan

    dylan Read Only Funster

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    Congratulations a new door opens for you - so exciting ! Good luck
     
  6. madbluemad

    madbluemad

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    Look upon it as a new adventure and enjoy it. How anybody manages to sell property now days is beyond me and its going to get an awfull lot worse before it gets better.

    We will be away for extended periods of time now that we are retired but I couldn't bring myself to sell my house.

    Interestingly more and more people around my way are carrying out major extensions/improvements to their property rather than try to sell it at the lower prices that they are going for, only then to have similar problems when they come to buy another.

    Anyhow, keep us posted.
    Jim
    :Smile:
     
  7. buttons

    buttons Funster

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    [FONT=&quot]I'm sure yours will run like silk olley, unlike one we have just sold. The final stage was a nightmare, contract exchange was held up by the purchaser solicitor until one week before the completion date. "wouldn't pay them in shirt buttons" It's all done and dusted now but it was an experience to be sure[/FONT]. Great to look back on.:thumb:
     
  8. olley

    olley Funster

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    Well I was a bit depressed this morning after I accepted the offer, we didn't "need" to sell, but I kept looking at the financial situation, all three of our shops are suffering with the recession, and I could see that in 4 years time when I am 65, we would probably owe the bank just as much as we do now, and we just thought, "this is stupid"

    Interest rates are going to rise, if not this year then next, and we couldn't see the point of working just to pay the interest. And how long before house prices recover? is it worth waiting? Knowing my luck, in 6months time house prices will have shot up 50% and there will be queue's of people wanting to buy one. :cry:

    Cheered myself up reading the good wishes on here, and looking at the plans of the shop, dreaming of how we can alter it, but we have got to get it right, as the rents will be our only pension. So we will live in the RV for a few months to see how we get on, and then decide exactly what we will do.

    So as has be said its an "adventure" :thumb:

    Ian
     
  9. Brian and Jo

    Brian and Jo Funster Life Member

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    sold

    good news Olley,well done and good luck with your new lifstyle.exciting times ahead:thumb: regards brian,jo and josh
     
  10. Jim

    Jim Ringleader

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    Best of luck in this new chapter Ian :thumb: do you have a nice CL lined up to park the RV on?
     
  11. GJH

    GJH Funster Life Member

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    Hope all goes well for you Ian. With big decisions like this there are always arguments against it being the right time but, in life, you have to go for it.
     
  12. Carol

    Carol Funster Life Member

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    Well done on selling friends of ours have been on the market 12 months now and still not sold, yes the difficult time is sorting everything out, yet the best is probably yet to come you may love the freedom full timing brings you and wish you had done it years ago, which every way it goes all the best.
     
  13. Sundowners

    Sundowners Funster Life Member

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    pm sent. Nigel and Pamala
     
  14. buttons

    buttons Funster

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    Good luck with that olley I also have plans to build and divide on a corner plot that I have. I had an informal chat with the solicitor this week followed by an informal meeting with a planning officer at our local council. One cost £150 for 15 mins and the other was free.
    I would recommend an informal chat with the planning office before you start your planning application.
    The planning office is extremely helpful and has given me some confidence that an application should go through without any serious problems but nothing is guaranteed.
    I am now getting my planning amended and will submit it in the next couple of weeks. They should turn this around in 8 weeks. If you want to share any knowledge let me know.:thumb:
     
  15. Geo

    Geo Trader - Funster

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    You see how bad us RVers have it buttons,
    We'll sell the bl**dy house to buy fuel:Rofl1::Rofl1::Rofl1:
    Geo
    Robbing sods those planners @£150
    :Wink:
     
  16. Chris

    Chris Funster Life Member

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    Or they must be expensive solicitors where Buttons lives.

    £600 per hour....

    Unlikely.
     
  17. lorger

    lorger Funster

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    Well done and hope the sale runs smoothly. We did similar 18mths ago we sold our nice new modern house and bought another flat with some of the money and are looking at buying another house shortly if we can find one at right price.
    We are slightly different from you as we are only in our early 40's but thought sod this why pay all this money to stay here when we can be spending it on holidays and stuff downsizing does take a few months to get used to but now we know we made the right choice just need to buy something else as remainder of money isnt earning anything in bank compared to the 2 flats we rent out. We are in no hurry as we have took on a small part time job as caretakers for a local trust and have a free house so this will allow us to buy a house and take as long as we want to do up.

    Good luck
    Gerry
     
  18. olley

    olley Funster

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    Hi Buttons luckily enough we don't need planning, as we don't intend to alter the frontage, and from previous conversations with them, they don't give a monkeys what we do inside.

    Ian
     
  19. johnpengers

    johnpengers Funster

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    Hope it all works out for you Ian,you're gonna need the outside telly for those long summer evenings sat outside the Rv drinking lots of cider!!!!!!!!!!!!

    Regards,John P.:thumb:
     
  20. motor roamin

    motor roamin Funster

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    Congratulations on the sale I sure don't envy you clearing your stuff out, dreading the day we decide to sell and that will be sooner rather than later. :cry-smile:

    Good luck with the new project.

    All the best Rick.
     
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