First of all, I am so excited to move to Bristol, England as it is my favorite city in the UK. I don’t know what we’ve done in our lives to deserve it, but we were lucky enough to be granted a place in one of the smallest, most sought after bases in the UK.
However, after the excitement of being allowed to live in the place of our dreams died down, we realized that at 30 years old, we are basically children with no personal belongings or anything of value to our name. Basically our most expensive possessions are photographs we took during vacations, because traveling is really the only thing we’ve ever spent money on. For that reason, the house buying process appears to be VERY overwhelming.
First of all, we don’t have very much money. Don’t get me wrong, we have good jobs and we live a pretty frugal life so we’ve saved up a little bit which we can use on a deposit– but as a person who has never had ANY debt, the fact that everyone is just out there buying houses with just 20 percent of the money they cost is crazy to me. What that says is that basically, the banks own EVERYTHING IN THE WORLD.
Secondly, stamp duty. W. T. F. remember that “deposit” I said we saved? That’s actually only going to cover the stamp duty tax, which is some tax you pay in England when you buy a house. Cool, thanks for halving my buying power.
Finally. OMG England! I am very excited to finally live in an English-speaking country where things are a bit easier to do… but the real question is whether or not I can assimilate. I’ve been making notes about how to blend in and so far it seems that as long as I lead with an apology, I’m good to go.