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House number two at 40. Cleared the mortgage on the previous house only to sell it and take out a 30 year mortgage for the family home.
I hate moving, hated dealing with estate agents and the hassle of packing and unpacking. Hopefully we don't need to move in the foreseeable.
I hate moving, hated dealing with estate agents and the hassle of packing and unpacking. Hopefully we don’t need to move in the foreseeable.
we did the move every year thing for 4 years till we found an area we liked (we moved from outside the area to an unknown and its true what they say - you dont really know an area till you have lived in it)
I have itchy feet - owned and lived in 5 houses and heaven knows how many rentals 🙁
Looking forward to moving again once the current entertainment quietens down!
Owned - 7
Lived in - 21
None, and never will. Council house/bungalow now housing authority owned, lived here for 25yrs and perfectly happy with it.
Including this one?..........one.
Two - bought first one in 1989, and we're in the process of finalising the sale of this one that we've lived in for 27 years. We're moving 500 miles north to a rental in Speyside for a while whilst we work out what next. Quite fancy a self-build somewhere, but lockdown means we can't really look.
3 and currently we have two little ones, next to each other but not knocked through, which we live in. It gives great flexibility and is good for guests and my wife did isolation there having had to pass through the Cheltenham Cup crowd on the train.
We've been together 10 years.
We bought our first home 5 months ago, with an expensive 95% LTV Mortgage that's going to take me until I'm 67 to pay off. I was / am 42.
By all accounts we bought well, with a rough around the edges house that looked worse than it was. (not decorated since the 80s grubby, blown window units, terrible dirty bathroom etc) I've sunk every penny we had (and quite a few more on top) into it in the last few months, not to mention pretty much all our spare time.
We paid £235k, we were told by the surveyor that if we modernised it and fixed all the maintenance issues it would be worth £250k comfortably, certainly easily enough that when we remortgage in 2 years we'd be able to justify a 85% LTV, which would (all things being equal) drop our rate from 3.7 to 1.5%, so either reduce payments by £240 a month, or my preferred option, keep them as they were and drop 4 years off (and save £7k in interest at the time). We if shopped around we may even do better than that, but given the historic low rates I was planning to fix for as long as possible.
Of course that's all far from certain now. If values drop by the same sort of amount they did in 2008 then we'll be lucky to maintain 95% LTV after £10k in cash and months of our labour, we didn't buy for an investment or with plans to ever trade up or anything, I know I left it too late in life to get into the property swindle for all that, but I was hoping to get it paid off ASAP so I could downsize my job in a few years, still not much I can do about it. Even if we fall into negative equity the full "this will hurt" rate isn't much higher than the rate we're paying now.
Owned 1 flat, been here 10 years, hoping to move this year to a house I can retire in. 43, so that's a long way off! My daughter was born in the flat so I do have a strong emotional bond, just outgrown it though.
10 previous addresses, 9 in 12 years since leaving the family home. No idea how people cope with moving more regularly than that.
Bought 3. Owned one.
Been here 19 years now. Youngest is 13 so we reckon 10-15 more before we downsize ahead of retirement
None, and never will. Council house/bungalow now housing authority owned, lived here for 25yrs and perfectly happy with it.
I don't blame you, we lived in a Housing Associate place for a couple of years, I hated the idea of it. I was leaving a massive family home in a very nice leafy suburb that I had pretty much to myself to move into a tiny 2 bed former brownfield site terrace house.
I had visions of the terrible high rise council estates I'd seen in my youth. Masses of rough people who never worked, feral dogs roaming the streets etc.
It was supposed to be short-term until I got back on my feet and my Wife (GF at the time) completed her Training) we ended up staying for 6 years. Our neighbours were for the most part like us, everyone worked, kept their houses and gardens neat and tidy etc, nice people.
The rent was about half the going rate for that area, there was a full time maintenance dept. Not some BTL property magnate who would disappear when something broke and as long as you didn't break the rules (15 pages which basically spelt out how to follow Rule #1) it was yours for life.
3 houses in 34 years
Nailed it.
Did someone mention Poirot? 😃
Have owned one - the one I’m in - but would consider a future move to somewhere with good biking / walking a bit nearer my doorstep.
Some of you have moved a LOT!
I'm currently in the third and probably my last despite spending a lot of wasted time on Right Move etc looking for alternatives
My 50th Birthday next year will coincide with the mortgage being paid off, assuming brexit doesn't collapse the FTSE and damage further the stocks and shares ISA I have.
1, the house were currently in. It’s not huge but there’s just 2 of us, with no plans for any more, and we don’t see any need to throw money at a bigger mortgage. This one will be paid off in 10 years and will give us some lifestyle we don’t have now.
After 30 years of marriage, we are still in the first house we bought together, a year after getting married.
I'm 42. Owned/mortgaged x1 flat and now on 3rd house. Just spent the same again as purchase on refurbishment/extension so not going to be moving again for a long time if ever.
"How many houses have you owned?"
Zero.
Used to share house, rent room and then got on "property ladder" by renting a small flat for myself.
The most expensive item I have bought in my life is my 2005 Toyota Corolla costing me £5k.
Hopefully I strike the jackpot to have my own house ...
Zero at 46, time is running out to get on the ladder.
Been renting same place for ~14 years, during which time I changed jobs due to company insolvency and then ~5 months before finally starting my part-time postie job, while my better half began her part-time NHS job ~5 years ago... Enabling us to finally start being able to save some deposit money and make use of HTB ISAs.
Hoping to be able to get on the ladder within the next year, we might get very lucky with a house price stall/crash, but we might need to move out of Southampton to get something with a private garden that would do us both the world of good.
2 flats, one house....the estates agents equivalent of that video!
The last flat was in London....hence the current house out in rural Suffolk.
3, bought first house when I was 19, done it up, converted from two to three bed, sold for a profit. Bought next house and redone every room, wasn’t going to move but young twins and a surprising valuation and bought where we live now. So 3 houses in 9 years
First one eight years ago and always rented prior to that. Could do with more space now though. Initially bought for me and Mrs F and then we had two kids. Tight on space, but can’t see moving as a possibility any time soon. The jump in price from two to three bed around here is substantial.
2 houses in about 10 years. Unlikely to move unless MIL falls down the stairs. 11 years left on mortgage I think.
None, but Im only 55, so Ive got a few years to go before I have to move out of my mom's basement.
🙂
I have paid the mortgage two, but the bank still owns the current place for another decade or so . . .
One. I don't live in it yet.
Moved into our 10th house a year ago .
Can I be a nob and say it seems a bit off to talk about how many mortgages/properties people have had when so many are stuck renting, when they would just love to be able to buy their first home?
I know that's nobody's intention, but just popping that out there 🙂
One. Lived in it most of my life, mortgage paid off last year.
I've owned one. Bought when I was 25, still living in it at 42. Not too long left on the mortgage now.
I've sold two others. First was my parents house - they emigrated and I lived in it until it was sold, then bought my own place. I also sold my grandfather's house in my role as executor. Dealing with the process in chain free situations has rather put me off doing it with my own house and a chain!
I have owned 7 houses and 1 public house . I have rented lots and have had a few with my job . When my youngest daughter was 8 she had lived in 9 different houses .
Can I be a nob and say it seems a bit off to talk about how many mortgages/properties people have had when so many are stuck renting, when they would just love to be able to buy their first home?
I know that’s nobody’s intention, but just popping that out there 🙂
No problem here with people having many houses. Good for them. They should be able to enjoy their fortune or show them off without any embarrassment. 🙂
I could have gone on some sort of property ladder but 3/4 of all money I "gave" it to my sister and her children when they were in trouble. Not sure when I will get them back coz BIL is a tool. Oh well that's life. Just have to work hard to earn more.
Had mortgages on three houses. Not got any plans to move soon and fortunate that we can save some money every month to over pay the mortgage. Hopefully it will be gone in the next 3-4 years. Would love to move further north to Speyside and work part time.