Allanm
Free Member
- Jun 30, 2013
- 5,431
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- Since 1987
We couldn't wait to jump off the mortgaged property ladder. We bought our van last June using part of Mrs A's retirement lump sum. We sold our house in March this year and are now renting a much bigger house 20 miles away in its own grounds for a third of what our previous mortgage cost us.
We also just bought a house for cash in France at a much more realistic price. The house will go up in value depending on the work we put into it. Its not an investment, having more leisure time is more important, and if we do move full time to France, we won't worry about being able to afford a UK house because we shall be staying here.
We aren't full timing, just glad to be away from mortgages and the worry that interest rates will rise. But if it does, we will benefit from our savings going up in value.
Money isn't everything.
Allan
We also just bought a house for cash in France at a much more realistic price. The house will go up in value depending on the work we put into it. Its not an investment, having more leisure time is more important, and if we do move full time to France, we won't worry about being able to afford a UK house because we shall be staying here.
We aren't full timing, just glad to be away from mortgages and the worry that interest rates will rise. But if it does, we will benefit from our savings going up in value.
Money isn't everything.
Allan