Comments on: Change of Plans {Probably} http://movetoportugal.org/change-of-plans-probably/ Simple living and moving to the sunshine Thu, 09 Feb 2012 08:01:01 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Laura http://movetoportugal.org/change-of-plans-probably/#comment-1172 Laura Mon, 06 Jul 2009 07:04:04 +0000 http://movetoportugal.org/?p=865#comment-1172 Thank you for all you thoughts; it really does help to 'bounce' ideas off other people. :) Work has dropped a little bombshell this week so until that all sorts we're holding off on plans ;) <abbr><em>Laura’s last blog post..<a href="http://movetoportugal.org/ilovesundays/" rel="nofollow">I Love Sundays</a></abbr></em> Thank you for all you thoughts; it really does help to ‘bounce’ ideas off other people. :)

Work has dropped a little bombshell this week so until that all sorts we’re holding off on plans ;)

Laura’s last blog post..I Love Sundays

]]> By: Mizé http://movetoportugal.org/change-of-plans-probably/#comment-1167 Mizé Fri, 03 Jul 2009 23:07:04 +0000 http://movetoportugal.org/?p=865#comment-1167 Hi Laura, It´s a big decision you have in hands... Right now, due to the economy downturn, it´s a good time to buy in Portugal but not to sell. Probably the same is happening in UK. I´ve been looking for a small countryhome with plot to buy and still prices are so expensive... In Algarve, with less than 100,000.00 Euros I can´t do much. Anyway, If you´d like to stay here for some time, I have a free bedroom in my T3 flat. I wouldn´t mind having your company :) I wouldn´t ask you a fixed rent money, only some help to pay services expenses. Currently, my T2 flat is rented for 400.00 Euros/month. Rent prices are high here too. The disadvantage of rents is that you´re paying for something that will never be yours, wasted money in some cases but not in others. If I was in your shoes, I would rent here first to mature my decision before making a final choice, or even selling in UK. To ask a mortgage here you´ll need a guaranty, such as a fixed job or property ownership. For example, currently, I have a one year contract at the local hospital that can be renovated up to three. If I only had my job as guaranty the bank wouldn´t lend me money for a house. Even with a fixed job sometimes they ask for "fiadores", someone that would assure payments in case you can´t make them. If you have more questions just let me know. I´ll be happy to help. At least you have someone here that speaks the language and knows something about renting. PS: It´s been ages since I check my e-mails. If you send me any, please leave me a comment in one of my blogs. Hugs, Mizé :) <abbr><em>Mizé’s last blog post..<a href="http://www.mizej.com/2009/06/mize-journey-topics.html" rel="nofollow">Mizé Journey Topics: I´m Editing Posts</a></abbr></em> Hi Laura,
It´s a big decision you have in hands…
Right now, due to the economy downturn, it´s a good time to buy in Portugal but not to sell. Probably the same is happening in UK.
I´ve been looking for a small countryhome with plot to buy and still prices are so expensive… In Algarve, with less than 100,000.00 Euros I can´t do much.
Anyway, If you´d like to stay here for some time, I have a free bedroom in my T3 flat. I wouldn´t mind having your company :)
I wouldn´t ask you a fixed rent money, only some help to pay services expenses.
Currently, my T2 flat is rented for 400.00 Euros/month. Rent prices are high here too. The disadvantage of rents is that you´re paying for something that will never be yours, wasted money in some cases but not in others. If I was in your shoes, I would rent here first to mature my decision before making a final choice, or even selling in UK.
To ask a mortgage here you´ll need a guaranty, such as a fixed job or property ownership. For example, currently, I have a one year contract at the local hospital that can be renovated up to three. If I only had my job as guaranty the bank wouldn´t lend me money for a house. Even with a fixed job sometimes they ask for “fiadores”, someone that would assure payments in case you can´t make them.
If you have more questions just let me know. I´ll be happy to help. At least you have someone here that speaks the language and knows something about renting.
PS: It´s been ages since I check my e-mails. If you send me any, please leave me a comment in one of my blogs.
Hugs, Mizé :)

Mizé’s last blog post..Mizé Journey Topics: I´m Editing Posts

]]> By: Linda http://movetoportugal.org/change-of-plans-probably/#comment-1166 Linda Fri, 03 Jul 2009 15:25:53 +0000 http://movetoportugal.org/?p=865#comment-1166 Hi Laura, How are you. I'd go for 3 - that is if in the next 12 months you can get a good selling price for your current home; can rent or buy some thing smaller or nicer in your current location or a different one, since you have one more child still at school; can find some thing in Portugal that fits your needs/budget there. Then you'd be selling, buying and /or renting, all at once, though the renting part would be for a short period, right....?? In other words you'll have to keep your eye on the (real estate) market. Yea, you'll be more than busy!! That is if your plans to 'move to portugal' are still on.... Take it easy though, :) Linda Hi Laura,
How are you.
I’d go for 3 – that is if in the next 12 months you can get a good selling price for your current home; can rent or buy some thing smaller or nicer in your current location or a different one, since you have one more child still at school; can find some thing in Portugal that fits your needs/budget there. Then you’d be selling, buying and /or renting, all at once, though the renting part would be for a short period, right….?? In other words you’ll have to keep your eye on the (real estate) market. Yea, you’ll be more than busy!! That is if your plans to ‘move to portugal’ are still on….
Take it easy though,
:)
Linda

]]> By: Dreamer http://movetoportugal.org/change-of-plans-probably/#comment-1165 Dreamer Fri, 03 Jul 2009 13:18:14 +0000 http://movetoportugal.org/?p=865#comment-1165 I think that 3 sounds a bit complicated, as hard as it is sometimes i'd recommend sticking it out until 2010 if you can. Also as Jimbo says it might be an idea to try out living in portugal renting say for six months before selling the UK pad, perhaps you could take a mortgage break to fund this. What kind of work is your husband looking for in portugal? <abbr><em>Dreamer’s last blog post..<a href="http://escapethe9to5.blogspot.com/2009/07/on-kids.html" rel="nofollow">On kids</a></abbr></em> I think that 3 sounds a bit complicated, as hard as it is sometimes i’d recommend sticking it out until 2010 if you can. Also as Jimbo says it might be an idea to try out living in portugal renting say for six months before selling the UK pad, perhaps you could take a mortgage break to fund this.

What kind of work is your husband looking for in portugal?

Dreamer’s last blog post..On kids

]]> By: j1mbo http://movetoportugal.org/change-of-plans-probably/#comment-1164 j1mbo Wed, 01 Jul 2009 23:19:31 +0000 http://movetoportugal.org/?p=865#comment-1164 Hi Laura When we first took the decision to buy in Portugal we did so on the back of our UK mortgage. The home here was free and clear, so we always knew that if everything went south we could go to a country where it was cheaper to live, and live in a house that was paid for. If your intention is to sell your UK property and buy without a mortgage here, I would say go for it. If, however, you are still going to have a mortgage I would approach the purchase carefully. Have you ever lived for an extended time in Portugal? I ask, because an acquaintance of ours who was mad keen on being here came for 3 months to test the water, and couldn't get back to the UK quick enough. Not every solution satisfies every need. Don't cut all your ties until you are absolutely certain that Portugal is the correct choice. We have never regretted our move to Portugal. Others, unfortunately, have. Boa sorte j1mbo <abbr><em>j1mbo’s last blog post..<a href="http://algarveandaze.blogspot.com/2009/07/28th-faro-international-motorcycle.html" rel="nofollow">Upcoming Event: 28th Faro International Motorcycle Weekend</a></abbr></em> Hi Laura

When we first took the decision to buy in Portugal we did so on the back of our UK mortgage. The home here was free and clear, so we always knew that if everything went south we could go to a country where it was cheaper to live, and live in a house that was paid for.

If your intention is to sell your UK property and buy without a mortgage here, I would say go for it. If, however, you are still going to have a mortgage I would approach the purchase carefully. Have you ever lived for an extended time in Portugal? I ask, because an acquaintance of ours who was mad keen on being here came for 3 months to test the water, and couldn’t get back to the UK quick enough.

Not every solution satisfies every need. Don’t cut all your ties until you are absolutely certain that Portugal is the correct choice. We have never regretted our move to Portugal. Others, unfortunately, have.

Boa sorte

j1mbo

j1mbo’s last blog post..Upcoming Event: 28th Faro International Motorcycle Weekend

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