I've been looking forward to this day for such a long time and now I can finally say I’ve moved in!
It’s been a hell of a journey to get here. But having picked up the keys, and popped the champagne, I can honestly say it’s been worth it.
Nothing went to plan.
I wasn’t looking to move. Then along came 2020.
Covid, lockdowns, being cooped up at home 24/7 is no fun for someone that loves to travel. All my global speaking gigs were cancelled. Trips to USA, and Australia on hold, and like so many others my income streams shifted in a way I had never imaged, almost overnight.
Mid-2020 when the stamp duty holiday was announced last summer, my dream property came on the market less than 2 weeks later.
I first drove passed the house over 15 years ago, and I literally have no idea why, but I loved it. So many times, I have slowed down in the car, taken in by the large upstairs picture window, and beautiful corner plot garden.
I wanted that house.
Only I was a little bit too scared to go and view it. Just in case the numbers didn’t add up. I had no idea what if any mortgage options would be available to me as a business owner in such unprecedented times. Whilst I was apprehensive, I was absolutely determined to give it my best shot.
The house did not disappoint. Mortgage sorted. Offer made. Surveys completed. I was so flippin happy.
Until I wasn’t.
One phone call was all it took for everything to disappear. The seller wanted an extra £85K or they would go with someone else. And just like that my dream home was gone.
The stamp duty holiday opened buyers up to properties they wouldn’t previously have been able to afford and the market turned into a sellers dream.
In the following eight months I viewed 15 other properties, and none came close to my dream home. The stamp duty window closed, and I resigned myself to staying put.
Then the estate agent rang. My dream home had fallen through with two other buyers and would I still be interested? I had no idea it was possible to feel so emotionally torn over a property.
With the stamp duty now a factor in the calculating mortgage repayments all the figures needed to be reworked. And for the first time in my life I played hard ball. I would not up my original offer. I knew the stamp duty window had closed for their new purchase too, so it was a hell of a risk. But thankfully one that finally paid off.
Eight weeks later my 15-month property hunt was finally over. I’m all moved in!
Just like in business, numbers are everything. Getting clear on my finances and calculating repayments, made all the difference.
After losing out on my dream property at such a late stage, I was determined to have as many options as possible available to me before I made an offer again.
These skills aren’t just for business! So many of my ladies tell me how transformative these tools can be in life as well as work. Use them! You’ll be amazed how much stuff gets packed in 1 pom.
I’m get at outsourcing in my business. You don’t get to be a six-figure business owner if you spend your time doing £10 an hour tasks. There is no shame in not doing it all yourself.
It’s not just the packing, or the physical move you can outsource. I hired a VA to hunt online for properties, book viewings and manage my calendar.
Buying a house can be stressful. Buying a house during a pandemic, when you run your own business – urrgghhh. Gazumping, finances, shifting deadlines, ALL the emotions…….and breathe.
Take time to get everything out of your head. Focus on the one thing that you need to do in life as well as business and take the right action. (Even if that’s pour a glass of wine and soak in a bubble bath!)