TheHallidays

You shouldn't feel disadvantaged! After all you will have paid less for yours than people in England so the equity will be similar?!

We're going with about £12K as house not yet sold - it will have to do. England's high house prices are not always a benefit - just means people can't afford to buy ours.......

FluffyTheCampfireSlayer

Cor blimey...talk about opening up the old can of worms!!!

Havent read the whole thread so dont know what people have been saying.....but, there are some of us with NO, yes, NO house to sell...that are coming out with a pocket full of savings and trying to eek out a new life!!!!!

One thing to say to you....think yourselves bloody lucky!!!!! VERY BLOODY LUCKY!!!!!

FluffyTheCampfireSlayer

halcyon 52

Hi.
I wouldn't feel disadvantaged taking £120.000 as that is quite a good sum. We are re-mortgaging to take £30.000 and renting our house out in the U.K.
I am virtually morgtage free here in the U.K and it does ease the pressure.
The thing is i don't live in a big 4 bed detached although my house is a good size 3 bed semi in a very good area.
My point is if i want to move or get a new car it involves debt or a morgtage again.I don't think there are many people out there who go through life without some form of debt even after clearing their morgtage.
If people do move to Oz morgtage free in time they probably borrow to do home improvements e.t.c just as in the U.K, so are back to a mortgage again albeit small.

h1tvd

Brissie - hopefully

h1tvd

I don't think of myself as very bloody lucky - I've had a mortgage since I was nineteen and a student to boot. OH and I have plowed every penny we have into our house and went without in the process. I know not everyone is in the fortunate position to own their own home but I'm not going to apologise for owning mine.
If you had read the rest of the thread there are some almost inspirational stories of people coming with nothing and making it work. Some people are happy coming with a rucksack and a pair of knickers but I personally would not feel comfortable relocating to the other side of the world with 3 kids under seven without a sizeable sum to see me through. But that's just my opinion and I don't expect everyone to agree. Wouldn't life be extremely dull if we were all the same.

yolandacharm

We are hopefully coming out with close to £70,000 which means we will be leaving Northern Ireland completely debt free!
Coming to Oz are me, hubby, 4 kids 9,7,5,3
Have no expectations, thus none can be dashed, but lots of hope!

h1tvd

Hi Yolandacharm

Nice to speak to someone from N Ireland. I was born and bred in Ballymena. My dads side of the family still live in Ballymena and my mums side of the family live in Ballymoney - not far from you. It is nice to know that if and when you come you will be coming with no loans, overdraft or credit cards.
Where in OZ are you heading?

movetoperth

fluffy

don't sweat it mate, succeeding here with your new life has much more to do with attitude than money.
we came here with next to nothing, we had no house to sell and had experienced some really tough times which had taken us years to get back to square one from. We're doing ok and i wouldn't want to be anywhere else.

One thing which did really bug me recently though was someone who said to my face that "it is ok for me as i came here a few years ago, i've got it made, his $600k won't buy him much" Maybe his $600k won't buy him what he wants and what will make him happy, but i really took offence to the comment when you consider he knows nothing about me or my circumstances.

Rant over

Lynn

yolandacharm

Hi! we currently live in Castleroe, be sad to leave coz i have made some amazing friends in the church, but can't wait to go either! We are hopefully going to Brisbane area, although where don't know yet, friends of a friends are North Brisbane so hoping to hook up with them at some point, would be really cool to hook up with others too!
Provisional plans suggest leaving mid Jan next year assuming we have our visa before Christmas. Starting to pack already!

Nomore

We left UK with 130thousand! when we first applied for Perth 2 years back we thought we would be morgage free. Obviously things changed...and now we are here it has had a reverse effect on us.

We bought an average home 4x2 at $420, paid half cash and borrowed $220.
My monthly morgage is $1990.99 for 30 years :scared: and going up with the interest rates. Added onto that the poor wages...= no life-style.

Back in UK we had a 4 bed 3 bath home..Morgage 500 pounds a month for 12 years.

We have gone backwards which is very distressing at our age hence why i don't like being here and prefer my life-style in UK. But if we go back now we will still have a large morgage probably so we are in a no win situation.

What do u do???

Wendy

You do what you have to do to be happy. I'd rather be skint and happy, than rich doing and miserable I know cash helps, but at the end of the day honey you can't take it with you

yolandacharm

would it help to downsize? We have four bed here with 3 loos but will be happy with 3 bed because the kids will be outside more, but hey everyone is different!

Nomore

Our house here is smaller than the one we had in UK anyway. There are five of us and the bedrooms are tiny here, but we have an activity room and living areas are bigger in general.
We bought an average house, anything less looked like a caravan to us. We did afterall come for a better life.
We are not unhappy..just unhappy about having a morgage for 30 bloody years.
We swallowed too much hype."our mistake"..but we have made some great friends which helps.

Thinking of building a pool but been told today that it won't put money on the house or even help sell it if need be

movetoperth

why should it matter if it raises the value or makes it more sellable, surely the decision to install a pool should be based on whether you think it will enhance your lifestyle or not.

Lynn