Rmjw84

Thanks for the balanced reply. Yeah, I appreciated there’s a good chance of unexpected costs along the way. I just worry because my old man has history of getting carried away. We call him “The Quote King” because he loves to get quotes beyond his means and never follows through. My wife and I are trying to be very modest in our approach. We’ll get there in the end. Just trying to get some info so it doesn’t become him vs me. I really appreciate the tips. Thanks a bunch.

Hi, I’m a 39 year old who has rented his entire life. I don’t see owning my own home as a reality despite having always paid my rent on time. I’ve just never been in a position to save enough for a deposit and the goalposts keep moving. My wife and I are considering an extension on my parents property so we can live upstairs and they can move downstairs. I believe there is £50k left on the property and my old man has considered putting the mortgage in our joint names so we can remortgage and borrow the funds this way. (I will pay off the remaining mortgage and whatever we borrow). I am assuming before getting builders or architects involved the first point of call would be to approach a lender to see what the maximum we can borrow is? My dad however wants to talk to a builder, architect etc to get an approximate cost before speaking to lenders, but I worry if we go down that route the budget will keep stretching. I prefer the idea of having a finite amount I know I can play with rather than drawing a designing we can afford in reality. I would be so grateful for any pointers. Thanks in advance.

Hi, we are in the early stages of an almost identical project. Someone asked me today if I had considered using sip panels, so here I am! I’m curious to know what your final decision was if you have made it.