Wishfull thinking ?

Discussion in 'Introduce Yourself' started by gc1873, May 12, 2011.

  1. gc1873

    gc1873

    Joined:
    May 12, 2011
    Messages:
    1
    Location:
    North Lanarkshire
    Ratings:
    +0
    Hi guys 'n' gals,
    I am in here because my wife and I are seriously considering selling our home, buying a motorhome (budget circa £40,000) and travelling for a couple of years. This is my very first step in that process and I would love to hear what you think of the idea, ie is it practical and what are the benefits and pitfalls. Cheers, Gordon ::bigsmile:
     
    Last edited: May 12, 2011
  2. Sundowners

    Sundowners Funster Life Member

    Joined:
    Oct 30, 2007
    Messages:
    2,452
    Location:
    Suffolk
    Ratings:
    +1,685
    Is it possible for you to downsize on the house, rather than sell up altogether? We made that mistake before and won't do it again.

    Nigel and Pamala
     
  3. scotjimland

    scotjimland Funster Life Member

    Joined:
    Jul 25, 2007
    Messages:
    29,094
    Location:
    .
    Ratings:
    +28,350
    Hi

    You are wise to ask as there are many things to consider much of which is covered in the Fulltiming forum http://www.motorhomefun.co.uk/full-timers/so I won't repeat what has been said already .. have a read then ask some specific questions..

    Also worth joining is Motorhome 365, or sister site for fulltimers and it's free.

    We fulltimed for three years and I agree with Nigel.. we sold up but regretted not having a house to fall back on. .. It's a lot easier to sell up and hit the road than to get back into a house.. being homeless is not advisable..
    Of course this all depends on your financial circumstances, but if your selling to finance the lifestyle sit down and do a full costing... most fulltimers agree that it costs between £12 - £15 K per year.. so it's not a cheap lifestyle..
     
  4. rainbow chasers

    rainbow chasers

    Joined:
    Oct 30, 2009
    Messages:
    3,746
    Location:
    Mid Cornwall
    Ratings:
    +1,727
    Yes, I would advise downsizing, rather than selling. One because you have a base address for insurances/mail etc and secondly, if it all goes wrong or you want to come home you have a bolt hole to go to!
     
Loading...

Share This Page