TheNeil Report post Posted October 12, 2006 I know that it's crass and I know that it's vulgar but the estate agent has just left after valuing the house (part of the divorce process) and in the 14 months I've lived in my little house, it's gone up in by...�42,000 What's scary about that number is that I owe less than �40,000 on the mortgage What's better about all this is that Mrs Neil still says that she isn't going to claim anything (she actually said that she was really happy for me...and not in a sarcastic way either). I'm still glad that I'm keeping the divorce going through at full speed though Quote Share this post Link to post Share on other sites
smiley Report post Posted October 12, 2006 Good news - and not vulgar......... Money doesn't make you happy - but being broke makes you miserable Quote Share this post Link to post Share on other sites
DaisyProudfoot Report post Posted October 12, 2006 (edited) That leaves enough for a very nice holiday somewhere or some new furniture or a very fancy car We bought our house six years ago for �53k, then we got an extension built at a cost of �40k bringing the cost of our mortgage to around �90k which will be paid off in about 14 years time. The property is now worth around �150k to �160k, so we've made around �50,000 profit so far..... and as if that's not good enough the council are doing up all the houses on our estate so that'll up the value too Not moving though, like it too much. Well done TN, hope your ex keeps her side of the deal. Edited October 12, 2006 by DaisyProudfoot Quote Share this post Link to post Share on other sites
loulou Report post Posted October 12, 2006 That's great news! One less thing to worry about . Loulouxx Quote Share this post Link to post Share on other sites
Jericho Report post Posted October 12, 2006 So next time I'm short of money I'll know exactly where to come....... Quote Share this post Link to post Share on other sites
Bagpuss Report post Posted October 12, 2006 Thats fantastic news TN....and you deserve it We bought and sold 4 houses in a space of a few years and made a canny amount on all of them when we came to sell them Quote Share this post Link to post Share on other sites
madmooch Report post Posted October 12, 2006 It's your round then, eh Mine's a large barcardi & coke - mmmmmmmm Quote Share this post Link to post Share on other sites
TheNeil Report post Posted October 13, 2006 Now if only I had some way to unlock some of it's value without having to sign my life away... Quote Share this post Link to post Share on other sites
oxgirl Report post Posted October 13, 2006 That's really great news!! Does that mean you could sell the house, pay off your outstanding mortgage and move to a smaller place and get a part-time job that you'd really enjoy?? Wow, sounds like a dream come true! ~ Mel ~ Quote Share this post Link to post Share on other sites
Tally Report post Posted October 13, 2006 The unfortunate thing about rising house prices is that, if you sold it, you'd need all the money to buy your next home. The only way you make any money this way is if you one a 2nd property or if you downsize. It's all good news though! Quote Share this post Link to post Share on other sites
TheNeil Report post Posted October 13, 2006 That's really great news!! Does that mean you could sell the house, pay off your outstanding mortgage and move to a smaller place and get a part-time job that you'd really enjoy?? Wow, sounds like a dream come true! ~ Mel ~ Could do and the thought did briefly flick through my head. I think to stay in Harrogate though I'd have to buy a shoebox if I was to downsize and be mortgage free What's annoying is that the house actually 'earned' a lot more in the last 12 months than I did!!!! And it didn't have to pay income tax Quote Share this post Link to post Share on other sites
aro Report post Posted October 13, 2006 Good to hear something has gone your way! Anna x Quote Share this post Link to post Share on other sites
butterfingersbimbo Report post Posted October 14, 2006 nice one!!! Quote Share this post Link to post Share on other sites
noogsy Report post Posted October 20, 2006 my house earned more than i did and didnt have to pay income tax.... noogsy Quote Share this post Link to post Share on other sites
